CrowdStrike (NASDAQ:CRWD) Shares Down 2.1% – Should You Sell?

CrowdStrike (NASDAQ:CRWD)’s share price dropped 2.1% on Friday . The stock traded as low as $477.55 and last traded at $490.67. Approximately 3,052,939 shares traded hands during trading, a decline of 12% from the average daily volume of 3,450,365 shares. The stock had previously closed at $501.31.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CRWD shares. Truist Financial upped their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday. New Street Research set a $460.00 price target on CrowdStrike in a research report on Thursday, August 28th. Bank of America upped their price objective on CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Canaccord Genuity Group lifted their target price on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research note on Monday, September 22nd. Finally, Stifel Nicolaus boosted their target price on CrowdStrike from $515.00 to $600.00 and gave the stock a “buy” rating in a report on Monday. One 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $537.93.

CrowdStrike Price Performance

The firm has a market capitalization of $123.14 billion, a price-to-earnings ratio of -412.32, a P/E/G ratio of 122.33 and a beta of 1.16. The company’s 50 day moving average is $506.86 and its 200 day moving average is $473.77. 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 posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the firm posted $1.04 EPS. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Johanna Flower sold 2,347 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares in the company, valued at approximately $38,815,405.86. This represents a 2.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 6,975 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total value of $3,835,482.75. Following the completion of the transaction, the chief executive officer owned 2,108,082 shares in the company, valued at $1,159,213,210.98. The trade was a 0.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 116,622 shares of company stock valued at $58,561,456 in the last quarter. Company insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

A number of large investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after acquiring an additional 2,417 shares in the last quarter. GW&K Investment Management LLC lifted its stake in CrowdStrike by 28.2% during the first quarter. GW&K Investment Management LLC now owns 168 shares of the company’s stock worth $59,000 after purchasing an additional 37 shares during the last quarter. PFG Advisors boosted its holdings in shares of CrowdStrike by 28.4% in the 1st quarter. PFG Advisors now owns 962 shares of the company’s stock valued at $339,000 after purchasing an additional 213 shares in the last quarter. Choreo LLC increased its stake in shares of CrowdStrike by 10.0% in the 1st quarter. Choreo LLC now owns 8,895 shares of the company’s stock valued at $3,136,000 after purchasing an additional 811 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its stake in shares of CrowdStrike by 6.9% in the 1st quarter. Proficio Capital Partners LLC now owns 793 shares of the company’s stock valued at $280,000 after purchasing an additional 51 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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.