CrowdStrike (NASDAQ:CRWD) Trading 1.4% Higher – Here’s Why

CrowdStrike (NASDAQ:CRWD)’s stock price traded up 1.4% during trading on Friday . The stock traded as high as $542.26 and last traded at $539.81. 2,402,636 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 3,513,959 shares. The stock had previously closed at $532.52.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CRWD. Canaccord Genuity Group boosted their price target on CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a report on Monday, September 22nd. Cfra restated a “hold” rating and set a $555.00 target price (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CrowdStrike in a research note on Wednesday, October 8th. UBS Group dropped their price target on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Finally, Wedbush boosted their target price on shares of CrowdStrike from $525.00 to $600.00 and gave the stock an “outperform” rating in a report on Monday. One investment 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $510.80.

CrowdStrike Trading Up 1.4%

The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock’s 50 day moving average is $484.48 and its 200-day moving average is $465.29. The company has a market cap of $135.47 billion, a PE ratio of -453.62, a P/E/G ratio of 125.52 and a beta of 1.16.

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. During the same period in the prior year, the company earned $1.04 EPS. The business’s revenue 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. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insiders Place Their Bets

In other news, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 79,057 shares of the company’s stock, valued at approximately $38,815,405.86. The trade was a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 5,000 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $550.20, for a total value of $2,751,000.00. Following the sale, the director owned 765,456 shares in the company, valued at $421,153,891.20. The trade was a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 116,622 shares of company stock worth $58,561,456. 3.32% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CrowdStrike

A number of large investors have recently made changes to their positions in the company. AlpInvest Partners B.V. raised its position in CrowdStrike by 22.4% in the 3rd quarter. AlpInvest Partners B.V. now owns 15,041 shares of the company’s stock worth $7,376,000 after purchasing an additional 2,748 shares during the period. Harold Davidson & Associates Inc. grew its stake in shares of CrowdStrike by 59.4% during the third quarter. Harold Davidson & Associates Inc. now owns 13,301 shares of the company’s stock valued at $6,523,000 after buying an additional 4,956 shares during the last quarter. NewEdge Wealth LLC grew its stake in shares of CrowdStrike by 46.3% during the third quarter. NewEdge Wealth LLC now owns 6,601 shares of the company’s stock valued at $3,526,000 after buying an additional 2,089 shares during the last quarter. Essex Financial Services Inc. raised its holdings in shares of CrowdStrike by 15.0% in the third quarter. Essex Financial Services Inc. now owns 766 shares of the company’s stock worth $376,000 after buying an additional 100 shares during the period. Finally, King Wealth Management Group lifted its stake in shares of CrowdStrike by 2.9% during the 3rd quarter. King Wealth Management Group now owns 27,601 shares of the company’s stock worth $13,535,000 after acquiring an additional 771 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other 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.