CrowdStrike (NASDAQ:CRWD) CFO Burt Podbere Sells 15,918 Shares

CrowdStrike (NASDAQ:CRWD) CFO Burt Podbere sold 15,918 shares of CrowdStrike stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $410.45, for a total value of $6,533,543.10. Following the transaction, the chief financial officer owned 195,523 shares in the company, valued at approximately $80,252,415.35. This represents a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

CrowdStrike Stock Down 4.9%

NASDAQ:CRWD opened at $392.99 on Wednesday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The stock has a 50-day moving average price of $422.08 and a two-hundred day moving average price of $469.93. The stock has a market cap of $99.67 billion, a price-to-earnings ratio of -531.06, a PEG ratio of 18.13 and a beta of 1.06. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CRWD. Laurel Wealth Advisors LLC boosted its stake in shares of CrowdStrike by 54,635.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after buying an additional 4,285,640 shares during the last quarter. Norges Bank acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $1,699,545,000. Northwestern Mutual Wealth Management Co. raised its holdings in CrowdStrike by 310.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 872,491 shares of the company’s stock worth $408,989,000 after acquiring an additional 659,705 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in CrowdStrike by 232.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 714,165 shares of the company’s stock worth $334,772,000 after acquiring an additional 499,353 shares in the last quarter. Finally, Employees Provident Fund Board acquired a new position in CrowdStrike during the fourth quarter valued at approximately $216,342,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Trending Headlines about CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: CrowdStrike launched multiple AI-centric product suites (Agentic MDR, Falcon Data Security, adversary-informed cloud risk prioritization) that reinforce its positioning as an AI-native security platform; these are clear long-term revenue and upsell catalysts. Adversary-Informed Cloud Risk Prioritization
• Positive Sentiment: CrowdStrike introduced Agentic MDR and Flex for Services to monetize managed services and flexible consumption — a move that can expand ARR and attach high-margin services to the Falcon platform. Flex for Services
• Positive Sentiment: Integration wins and partnerships — notably Falcon Next‑Gen SIEM support for Microsoft Defender — help crowdstrike broaden TAM and ease enterprise adoption friction. Microsoft Defender integration
• Neutral Sentiment: Short‑interest data reports for March appear inconsistent (zeros/NaN across feeds), so published “big increase” headlines may be noisy — treat short‑interest signals cautiously.
• Negative Sentiment: Today’s sell‑off looks driven more by sector rotation: risk‑off sentiment in high‑multiple software and fears that AI tools (and large cloud players) could pressure pricing and growth expectations for premium security vendors. QuiverQuant analysis
• Negative Sentiment: News and chatter about third‑party AI automation (e.g., Amazon) raising questions about the SaaS model and enterprise AI spend has added to near‑term pressure. Benzinga coverage
• Negative Sentiment: Analyst price‑target trims on expensive software multiples and visible insider selling/portfolio reshuffling among large institutions have incrementally weighed on sentiment, making CRWD more sensitive to market pullbacks. Insider & analyst notes

Analyst Ratings Changes

CRWD has been the topic of a number of research reports. Loop Capital set a $550.00 price target on shares of CrowdStrike in a research note on Thursday, December 11th. Berenberg Bank set a $600.00 price objective on shares of CrowdStrike and gave the stock a “buy” rating in a report on Friday, January 9th. Sanford C. Bernstein boosted their price objective on shares of CrowdStrike from $353.00 to $368.00 and gave the company a “market perform” rating in a research report on Wednesday, March 4th. JPMorgan Chase & Co. reduced their target price on shares of CrowdStrike from $582.00 to $472.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Finally, Argus lowered their target price on CrowdStrike from $600.00 to $520.00 and set a “buy” rating for the company in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $506.26.

About CrowdStrike

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.