CrowdStrike (NASDAQ:CRWD) Sets New 1-Year High – Here’s What Happened

CrowdStrike (NASDAQ:CRWD) shares hit a new 52-week high on Monday . The stock traded as high as $556.58 and last traded at $557.8170, with a volume of 1087035 shares. The stock had previously closed at $539.81.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CRWD. Scotiabank raised CrowdStrike from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the stock from $440.00 to $600.00 in a research report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft increased their price target on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a report on Thursday, September 18th. KeyCorp raised their price objective on shares of CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Canaccord Genuity Group boosted their target price on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research report on Monday, September 22nd. Finally, UBS Group reduced their price target on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $510.80.

CrowdStrike Stock Up 3.3%

The firm’s fifty day simple moving average is $486.81 and its 200-day simple moving average is $467.78. The company has a market cap of $139.92 billion, a PE ratio of -468.51, a P/E/G ratio of 126.85 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 issued its quarterly earnings data 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 firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, equities research analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other CrowdStrike news, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the sale, the director owned 768,511 shares in the company, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 116,622 shares of company stock valued at $58,561,456 in the last 90 days. Company insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently made changes to their positions in CRWD. Draper Asset Management LLC grew its stake in shares of CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after buying an additional 1,619 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after acquiring an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC purchased a new position in CrowdStrike in the 2nd quarter worth approximately $397,000. Pegasus Asset Management Inc. grew its position in CrowdStrike by 3.4% in the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock valued at $1,238,000 after acquiring an additional 79 shares in the last quarter. Finally, Roman Butler Fullerton & Co. purchased a new stake in shares of CrowdStrike during the second quarter valued at approximately $1,169,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

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.