CrowdStrike (NASDAQ:CRWD) Stock Price Down 2.1% – What’s Next?

Shares of CrowdStrike (NASDAQ:CRWD) traded down 2.1% during trading on Thursday . The company traded as low as $510.26 and last traded at $513.12. 2,463,678 shares changed hands during trading, a decline of 28% from the average session volume of 3,429,250 shares. The stock had previously closed at $524.17.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Piper Sandler boosted their price objective on shares of CrowdStrike from $450.00 to $520.00 and gave the stock a “neutral” rating in a research note on Wednesday. Stephens raised their target price on shares of CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. Roth Capital reiterated a “buy” rating and set a $510.00 target price (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Arete upgraded CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 price target on the stock in a research note on Tuesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $555.51.

CrowdStrike Trading Down 2.1%

The stock’s fifty day simple moving average is $513.60 and its 200 day simple moving average is $478.78. The firm has a market capitalization of $128.77 billion, a PE ratio of -407.24, a PEG ratio of 121.77 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 (NASDAQ:CRWD) last released its earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.20%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the business earned $0.93 EPS. The firm’s revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were 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 in the company, valued at $38,815,405.86. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 5,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 765,456 shares in the company, valued at approximately $421,153,891.20. This represents a 0.65% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 110,372 shares of company stock worth $55,996,956. 3.32% of the stock is currently owned by corporate insiders.

Institutional Trading of CrowdStrike

Several hedge funds and other institutional investors have recently bought and sold shares of CRWD. Asset Planning Inc purchased a new position in shares of CrowdStrike in the 3rd quarter worth approximately $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in CrowdStrike in the 3rd quarter worth $25,000. Anchor Investment Management LLC acquired a new stake in shares of CrowdStrike during the third quarter worth about $25,000. AlphaQuest LLC acquired a new stake in shares of CrowdStrike in the second quarter worth $26,000. Finally, Logan Capital Management Inc. purchased a new position in shares of CrowdStrike during the 3rd quarter valued at about $26,000. 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.