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

CrowdStrike (NASDAQ:CRWD)’s share price was down 2.1% during mid-day trading on Thursday . The company traded as low as $510.26 and last traded at $513.12. Approximately 2,463,678 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 3,429,250 shares. The stock had previously closed at $524.17.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CRWD. BTIG Research reaffirmed a “buy” rating and set a $640.00 price objective on shares of CrowdStrike in a research note on Wednesday. Morgan Stanley raised their price target on shares of CrowdStrike from $475.00 to $515.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Stifel Nicolaus boosted their price target on shares of CrowdStrike from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Monday, November 17th. Arete Research set a $706.00 price objective on CrowdStrike in a research report on Tuesday, October 28th. Finally, Scotiabank reissued an “outperform” rating on shares of CrowdStrike in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $556.44.

CrowdStrike Price Performance

The company has a market capitalization of $128.50 billion, a PE ratio of -406.37, a price-to-earnings-growth ratio of 122.64 and a beta of 1.09. The company has a quick ratio of 1.88, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average is $515.01 and its 200-day moving average is $479.49.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The company’s revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the sale, the president owned 354,116 shares of the company’s stock, valued at approximately $182,369,740. This represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Johanna Flower sold 2,347 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders have sold 110,372 shares of company stock valued at $55,996,956 over the last 90 days. Company insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

Several hedge funds have recently added to or reduced their stakes in CRWD. Advyzon Investment Management LLC boosted its holdings in shares of CrowdStrike by 142.9% in the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after acquiring an additional 533 shares during the last quarter. Draper Asset Management LLC lifted its position in CrowdStrike by 59.1% during the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after purchasing an additional 1,619 shares during the period. Geneos Wealth Management Inc. lifted its position in CrowdStrike by 33.2% during the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after purchasing an additional 5,998 shares during the period. Drucker Wealth 3.0 LLC purchased a new stake in CrowdStrike in the second quarter valued at $397,000. Finally, Accel Wealth Management acquired a new stake in CrowdStrike during the 2nd quarter worth about $269,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Company Profile

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.