CrowdStrike (NASDAQ:CRWD) Trading Down 1.6% Following Analyst Downgrade

CrowdStrike (NASDAQ:CRWD)’s stock price traded down 1.6% during mid-day trading on Tuesday after Evercore ISI lowered their price target on the stock from $440.00 to $425.00. Evercore ISI currently has an in-line rating on the stock. CrowdStrike traded as low as $422.50 and last traded at $419.73. 894,688 shares were traded during trading, a decline of 76% from the average session volume of 3,691,322 shares. The stock had previously closed at $426.34.

A number of other research analysts have also recently weighed in on CRWD. DA Davidson lifted their price target on shares of CrowdStrike from $415.00 to $530.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Needham & Company LLC upped their price target on shares of CrowdStrike from $420.00 to $530.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Oppenheimer increased their price target on CrowdStrike from $410.00 to $520.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. BTIG Research reissued a “buy” rating on shares of CrowdStrike in a research report on Thursday, May 22nd. Finally, DZ Bank downgraded CrowdStrike from a “strong-buy” rating to a “strong sell” rating and set a $370.00 target price for the company. in a research report on Thursday, May 22nd. Twenty-six analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $460.81.

Insider Buying and Selling

In related news, CFO Burt W. Podbere sold 11,883 shares of the business’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the sale, the chief financial officer owned 231,130 shares of the company’s stock, valued at $105,272,781.10. This represents a 4.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Roxanne S. Austin sold 15,000 shares of the stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the sale, the director owned 18,858 shares in the company, valued at $9,385,060.86. The trade was a 44.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 214,414 shares of company stock worth $101,484,738. 3.32% of the stock is currently owned by insiders.

Institutional Trading of CrowdStrike

A number of large investors have recently modified their holdings of CRWD. Brighton Jones LLC grew its holdings in CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after buying an additional 2,417 shares in the last quarter. Jump Financial LLC grew its stake in shares of CrowdStrike by 53.2% in the fourth quarter. Jump Financial LLC now owns 1,924 shares of the company’s stock worth $658,000 after purchasing an additional 668 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of CrowdStrike by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company’s stock valued at $96,234,000 after purchasing an additional 10,271 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of CrowdStrike by 757.1% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 180 shares of the company’s stock valued at $62,000 after purchasing an additional 159 shares during the period. Finally, OneDigital Investment Advisors LLC raised its stake in shares of CrowdStrike by 27.0% during the fourth quarter. OneDigital Investment Advisors LLC now owns 5,319 shares of the company’s stock valued at $1,820,000 after purchasing an additional 1,131 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Up 0.1%

The firm’s fifty day moving average is $469.89 and its two-hundred day moving average is $427.29. The firm has a market cap of $104.48 billion, a price-to-earnings ratio of -607.49 and a beta of 1.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. CrowdStrike’s revenue was up 19.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.