CrowdStrike (NASDAQ:CRWD) Trading Down 3.7% – What’s Next?

Shares of CrowdStrike (NASDAQ:CRWD) were down 3.7% during mid-day trading on Thursday . The stock traded as low as $500.13 and last traded at $501.31. Approximately 2,427,513 shares changed hands during trading, a decline of 30% from the average daily volume of 3,451,919 shares. The stock had previously closed at $520.59.

Analyst Ratings Changes

CRWD has been the topic of several research analyst reports. Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $440.00 to $600.00 in a research note on Thursday, September 25th. Robert W. Baird boosted their target price on CrowdStrike from $490.00 to $550.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. DA Davidson increased their price target on CrowdStrike from $490.00 to $515.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Roth Capital reissued a “buy” rating and issued a $510.00 price objective (up previously from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Canaccord Genuity Group boosted their price objective on CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $537.49.

CrowdStrike Trading Down 3.7%

The firm’s 50-day simple moving average is $505.50 and its 200-day simple moving average is $473.58. The firm has a market capitalization of $125.81 billion, a P/E ratio of -421.27, a price-to-earnings-growth ratio of 120.71 and a beta of 1.16. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In other CrowdStrike news, CFO Burt W. Podbere sold 1,957 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.41, for a total value of $1,077,152.37. Following the completion of the sale, the chief financial officer owned 218,467 shares of the company’s stock, valued at $120,246,421.47. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 10,000 shares of CrowdStrike stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the transaction, the president directly owned 354,116 shares in the company, valued at $182,369,740. This trade represents a 2.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 116,622 shares of company stock worth $58,561,456 over the last ninety days. Corporate insiders own 3.32% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Asset Planning Inc purchased a new stake in CrowdStrike during the 3rd quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in CrowdStrike in the third quarter valued at approximately $25,000. Anchor Investment Management LLC purchased a new stake in shares of CrowdStrike during the third quarter valued at approximately $25,000. Vision Financial Markets LLC bought a new position in shares of CrowdStrike in the first quarter worth approximately $26,000. Finally, AlphaQuest LLC bought a new stake in CrowdStrike during the 2nd quarter valued at $26,000. 71.16% of the stock is owned by institutional investors.

About CrowdStrike

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.