CrowdStrike (NASDAQ:CRWD) President Michael Sentonas Sells 15,000 Shares of Stock

CrowdStrike (NASDAQ:CRWD) President Michael Sentonas sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $505.00, for a total transaction of $7,575,000.00. Following the transaction, the president owned 364,116 shares of the company’s stock, valued at approximately $183,878,580. This represents a 3.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Michael Sentonas also recently made the following trade(s):

• On Friday, October 10th, Michael Sentonas sold 10,000 shares of CrowdStrike stock. The stock was sold at an average price of $515.00, for a total transaction of $5,150,000.00.
• On Wednesday, October 1st, Michael Sentonas sold 20,000 shares of CrowdStrike stock. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00.
• On Monday, September 22nd, Michael Sentonas sold 11,561 shares of CrowdStrike stock. The shares were sold at an average price of $495.69, for a total transaction of $5,730,672.09.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $493.66 on Friday. CrowdStrike has a 1 year low of $294.68 and a 1 year high of $517.98. The firm has a 50 day moving average of $450.04 and a 200-day moving average of $443.90. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $123.89 billion, a P/E ratio of -414.84, a price-to-earnings-growth ratio of 119.64 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results 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 company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the company posted $1.04 earnings per share. CrowdStrike’s quarterly 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 fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus lifted their target price on shares of CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Thursday, August 28th. Canaccord Genuity Group raised their price target on shares of CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a report on Monday, September 22nd. New Street Research set a $460.00 price target on shares of CrowdStrike in a report on Thursday, August 28th. Finally, Truist Financial raised their price target on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $493.33.

Institutional Trading of CrowdStrike

Several institutional investors and hedge funds have recently made changes to their positions in CRWD. Cloud Capital Management LLC bought a new stake in shares of CrowdStrike during the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC raised its position in shares of CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new stake in shares of CrowdStrike during the 1st quarter valued at $26,000. AlphaQuest LLC bought a new stake in shares of CrowdStrike during the 2nd quarter valued at $26,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its position in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after acquiring an additional 58 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

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.