CrowdStrike (NASDAQ:CRWD) Trading 1.8% Higher – Still a Buy?

CrowdStrike (NASDAQ:CRWD)’s share price shot up 1.8% during trading on Thursday . The company traded as high as $454.47 and last traded at $453.77. 1,506,131 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 2,798,698 shares. The stock had previously closed at $445.88.

Analysts Set New Price Targets

A number of brokerages have commented on CRWD. JPMorgan Chase & Co. upped their price target on shares of CrowdStrike from $500.00 to $580.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. Morgan Stanley lifted their price target on shares of CrowdStrike from $515.00 to $537.00 and gave the company an “equal weight” rating in a research note on Thursday, December 18th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. TD Cowen reiterated a “buy” rating on shares of CrowdStrike in a report on Thursday, January 8th. Finally, Macquarie reaffirmed a “neutral” rating and issued a $485.00 price objective on shares of CrowdStrike in a research note on Wednesday, December 3rd. Thirty-one analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $555.21.

CrowdStrike Stock Performance

The stock has a market cap of $114.40 billion, a P/E ratio of -360.13, a PEG ratio of 107.48 and a beta of 1.03. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.18. The company’s 50-day simple moving average is $488.37 and its 200 day simple moving average is $478.96.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly 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 return on equity of 2.12% and a negative net margin of 6.88%.The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company posted $0.93 earnings per share. CrowdStrike’s quarterly 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. As a group, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 11,461 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $479.78, for a total transaction of $5,498,758.58. Following the completion of the transaction, the president directly owned 342,655 shares of the company’s stock, valued at approximately $164,399,015.90. This represents a 3.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Anurag Saha sold 836 shares of the company’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $476.83, for a total value of $398,629.88. Following the transaction, the chief accounting officer directly owned 43,726 shares in the company, valued at $20,849,868.58. This represents a 1.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 74,048 shares of company stock worth $37,153,707 in the last three months. Insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Hedge funds have recently made changes to their positions in the stock. Disciplined Equity Management Inc. grew its stake in CrowdStrike by 0.8% during the 3rd quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company’s stock worth $1,179,000 after buying an additional 20 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of CrowdStrike by 6.4% during the third quarter. TD Private Client Wealth LLC now owns 334 shares of the company’s stock worth $164,000 after buying an additional 20 shares during the period. Financially Speaking Inc grew its holdings in shares of CrowdStrike by 26.7% during the third quarter. Financially Speaking Inc now owns 95 shares of the company’s stock worth $47,000 after buying an additional 20 shares during the last quarter. Catalyst Financial Partners LLC grew its holdings in shares of CrowdStrike by 1.6% during the third quarter. Catalyst Financial Partners LLC now owns 1,246 shares of the company’s stock worth $611,000 after buying an additional 20 shares during the last quarter. Finally, Fire Capital Management LLC raised its stake in shares of CrowdStrike by 1.7% during the third quarter. Fire Capital Management LLC now owns 1,239 shares of the company’s stock worth $608,000 after purchasing an additional 21 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

About CrowdStrike

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.