CrowdStrike (NASDAQ:CRWD) Stock Price Down 7.5% – Should You Sell?

CrowdStrike (NASDAQ:CRWD)’s share price traded down 7.5% on Thursday . The company traded as low as $390.81 and last traded at $394.68. 5,374,999 shares traded hands during trading, an increase of 37% from the average session volume of 3,916,625 shares. The stock had previously closed at $426.51.

Key Stories Impacting CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Anthropic selected CrowdStrike for its Project Glasswing, positioning CRWD as a partner to secure advanced AI deployments — a potential revenue tailwind and validation of product relevance in the AI era. Anthropic’s Project Glasswing partners with CrowdStrike, Palo Alto to evolve security for AI
• Positive Sentiment: J.P. Morgan and other analysts frame Anthropic’s move as a catalyst for cybersecurity leaders; JPMorgan sees further upside for CrowdStrike tied to AI-driven demand. Why JPMorgan sees further upside in Palo Alto and CrowdStrike stocks
• Positive Sentiment: The CrowdStrike board approved a share repurchase program — a near-term capital-return signal that can support the stock and offset some investor concern. CrowdStrike Board Approves Share Repurchase Program
• Positive Sentiment: Identity security within CrowdStrike is gaining traction, with strong ARR growth and enterprise demand that could meaningfully expand TAM and recurring revenue quality. Is Identity Security Becoming a Bigger Growth Driver for CrowdStrike?
• Positive Sentiment: Several bullish takes (Seeking Alpha, TipRanks, Blockonomi) argue Project Glasswing and CEO commentary turn AI risk into growth opportunity — reinforcing analyst buy ratings and supporting medium-term demand expectations. CrowdStrike: Anthropic’s Project Glasswing Is A Game Changer
• Neutral Sentiment: Some analysts remain conflicted on tech names including CrowdStrike, reflecting mixed analyst views that can increase intraday volatility but don’t change fundamentals immediately. Analysts Conflicted on These Technology Names: Strategy (MSTR) and CrowdStrike Holdings (CRWD)
• Neutral Sentiment: Macro/sector investing debates (inflation/rotation into infrastructure vs. high-growth software) are keeping positioning fluid; portfolio managers are balancing tech exposure. Hunting for Returns: Hatching a New Strategy for Sticky Inflation
• Negative Sentiment: Benzinga and other market updates point to AI-driven competition fears and weak GDP/software sentiment driving selling pressure in enterprise software, which is a key reason CRWD shares are sliding today. Why Are CrowdStrike Shares Sliding On Thursday?
• Negative Sentiment: Coverage questioning whether CrowdStrike can fully recover investor trust after recent volatility adds narrative risk and could limit multiple expansion until growth visibility stabilizes. CrowdStrike Stock Trades at $426 After the Chaos—But Can CRWD Ever Fully Recover Investor Trust?

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $520.00 target price on shares of CrowdStrike in a research report on Wednesday, March 4th. TD Cowen dropped their price objective on shares of CrowdStrike from $580.00 to $480.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Robert W. Baird dropped their price objective on shares of CrowdStrike from $550.00 to $450.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. BMO Capital Markets dropped their price objective on shares of CrowdStrike from $555.00 to $500.00 and set an “outperform” rating on the stock in a report on Wednesday, March 4th. Finally, Jefferies Financial Group dropped their price objective on shares of CrowdStrike from $600.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.98.

CrowdStrike Price Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.77 and a quick ratio of 1.77. The stock has a market capitalization of $100.09 billion, a P/E ratio of -533.34, a PEG ratio of 17.51 and a beta of 1.07. The company’s 50 day simple moving average is $408.60 and its two-hundred day simple moving average is $465.75.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.02. The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.30 billion. CrowdStrike had a negative net margin of 3.81% and a negative return on equity of 0.14%. The company’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 earnings per share. As a group, equities analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

CrowdStrike announced that its Board of Directors has authorized a stock buyback program on Monday, April 6th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 0.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,138 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $411.06, for a total transaction of $467,786.28. Following the sale, the chief accounting officer directly owned 42,588 shares of the company’s stock, valued at approximately $17,506,223.28. This represents a 2.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Johanna Flower sold 3,000 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $461.94, for a total transaction of $1,385,820.00. Following the sale, the director directly owned 76,082 shares in the company, valued at $35,145,319.08. This represents a 3.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 68,636 shares of company stock valued at $28,690,657. Corporate insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

A number of large investors have recently modified their holdings of CRWD. Asset Planning Inc acquired a new position in shares of CrowdStrike during the third quarter worth approximately $25,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in CrowdStrike in the third quarter worth $25,000. Anchor Investment Management LLC acquired a new stake in CrowdStrike in the third quarter worth $25,000. Hanson & Doremus Investment Management raised its holdings in CrowdStrike by 170.0% in the fourth quarter. Hanson & Doremus Investment Management now owns 54 shares of the company’s stock worth $25,000 after purchasing an additional 34 shares during the period. Finally, Basepoint Wealth LLC acquired a new stake in CrowdStrike in the fourth quarter worth $25,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.