CrowdStrike (NASDAQ:CRWD) Trading Up 1.1% on Analyst Upgrade

CrowdStrike (NASDAQ:CRWD)’s share price rose 1.1% on Tuesday after DA Davidson raised their price target on the stock from $515.00 to $580.00. DA Davidson currently has a buy rating on the stock. CrowdStrike traded as high as $513.71 and last traded at $512.34. Approximately 1,615,722 shares traded hands during trading, a decline of 53% from the average daily volume of 3,438,782 shares. The stock had previously closed at $506.82.

A number of other brokerages have also recently commented on CRWD. Berenberg Bank began coverage on CrowdStrike in a report on Tuesday, November 18th. They issued a “hold” rating and a $600.00 target price on the stock. Capital One Financial lifted their price objective on CrowdStrike from $519.00 to $599.00 and gave the company an “overweight” rating in a research report on Tuesday, November 18th. Jefferies Financial Group boosted their price objective on CrowdStrike from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. UBS Group decreased their target price on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Finally, Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research 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 issued a Sell rating to the stock. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $539.38.

Insider Buying and Selling at CrowdStrike

In other news, CEO George Kurtz sold 6,975 shares of CrowdStrike stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the sale, the chief executive officer owned 2,108,082 shares in the company, valued at $1,159,213,210.98. This trade represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 5,000 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the completion of the transaction, the director directly owned 765,456 shares in the company, valued at $421,153,891.20. This trade represents a 0.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 116,622 shares of company stock worth $58,561,456. Insiders own 3.32% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CRWD. Vanguard Group Inc. increased its stake in CrowdStrike by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 23,876,498 shares of the company’s stock worth $11,708,557,000 after acquiring an additional 445,926 shares during the last quarter. State Street Corp grew its holdings in shares of CrowdStrike by 1.1% in the third quarter. State Street Corp now owns 10,922,290 shares of the company’s stock valued at $5,356,073,000 after purchasing an additional 117,639 shares in the last quarter. Geode Capital Management LLC increased its position in CrowdStrike by 5.0% in the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock worth $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in CrowdStrike by 54,635.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock valued at $2,186,714,000 after purchasing an additional 4,285,640 shares in the last quarter. Finally, Norges Bank bought a new position in CrowdStrike during the second quarter valued at $1,638,365,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 1.1%

The firm has a market cap of $128.58 billion, a P/E ratio of -430.53, a price-to-earnings-growth ratio of 115.30 and a beta of 1.16. The company’s 50-day simple moving average is $509.19 and its 200 day simple moving average is $475.23. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.15 billion. The business’s revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the company earned $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. Research analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.