CrowdStrike (NASDAQ:CRWD) Given “Market Outperform” Rating at Citizens Jmp

CrowdStrike (NASDAQ:CRWD)‘s stock had its “market outperform” rating reissued by equities research analysts at Citizens Jmp in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $500.00 price objective on the stock. Citizens Jmp’s price target points to a potential downside of 1.30% from the stock’s previous close.

Other analysts have also issued research reports about the company. Evercore ISI set a $460.00 price objective on CrowdStrike in a report on Wednesday. BTIG Research reaffirmed a “buy” rating and set a $640.00 target price on shares of CrowdStrike in a report on Wednesday. JMP Securities lifted their price target on CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a research report on Tuesday, September 23rd. Capital One Financial boosted their price target on CrowdStrike from $599.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $554.09.

CrowdStrike Trading Down 1.9%

CRWD traded down $9.95 during trading hours on Wednesday, reaching $506.60. 2,413,432 shares of the company’s stock traded hands, compared to its average volume of 3,419,150. The firm has a 50-day moving average price of $512.64 and a 200 day moving average price of $478.46. The firm has a market capitalization of $127.14 billion, a PE ratio of -424.50, a PEG ratio of 118.84 and a beta of 1.09. 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 has a 52-week low of $298.00 and a 52-week high of $566.90.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.CrowdStrike’s quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. As a group, sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In related news, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was 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 directly owned 354,116 shares of the company’s stock, valued at $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 available through the SEC website. Also, CFO Burt W. Podbere sold 1,957 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the sale, the chief financial officer owned 218,467 shares of the company’s stock, valued at $120,246,421.47. This trade represents a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 116,622 shares of company stock worth $58,561,456 over the last 90 days. Company insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

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

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.