CrowdStrike CEO George Kurtz Sells Shares Worth $1.7 Million
George Kurtz, CEO of CrowdStrike, sold 2,500 shares under a planned sale on June 23.
Key Points
- George Kurtz, CEO of CrowdStrike, sold 2,500 shares at an average price of $681.40, totaling $1.7 million on June 23.
- CrowdStrike traded near $673.02 on Friday with a market cap of $171.9 billion and a forward P/E of 108.1.
- Major funds like BlackRock and Morgan Stanley adjusted their positions in CrowdStrike, with BlackRock holding over 21.3 million shares.
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George Kurtz, the President and CEO of CrowdStrike Holdings, Inc. (NasdaqGS: CRWD), sold 2,500 shares of the company on June 23, 2026. The shares were sold at an average price of $681.40, bringing the total transaction value to approximately $1.7 million. This sale was part of a planned transaction.
Insider Buying and Selling at CrowdStrike Holdings, Inc.
In addition to George Kurtz's recent sale on June 23, he also sold 21,205 shares on June 22 at a price of $685.57. Another insider, Anurag Saha, the Chief Accounting Officer, sold 1,497 shares at $680.49 on June 24. Burt Podbere, the Chief Financial Officer, sold 8,398 shares at $692.04 on June 22, although this was not under a planned sale.
Other Institutional Activity in CrowdStrike
Several major institutional investors have made changes to their holdings in CrowdStrike. BlackRock, Inc. increased its stake by 218,543 shares, bringing its total to over 21.3 million shares valued at approximately $8.34 billion. Vanguard Capital Management LLC initiated a new position with over 15.9 million shares valued at about $6.23 billion. Meanwhile, State Street Corp slightly reduced its holdings by 24,556 shares, now holding around 11.1 million shares worth $4.35 billion. Morgan Stanley increased its position by 341,278 shares, now owning nearly 6.6 million shares valued at $2.56 billion.
CrowdStrike Holdings, Inc. Stock Up 210.7%
As of Friday, shares of CrowdStrike traded near $673.02. The company boasts a market capitalization of approximately $171.9 billion. It has a forward P/E ratio of 108.1, reflecting investor expectations of future earnings growth. The stock's 52-week range is between $342.72 and $785.66. Its 50-day moving average is $565.55, while the 200-day moving average is $489.41. CrowdStrike's liquidity ratios are healthy, with a current ratio of 1.53 and a quick ratio of 1.33.
$CRWD stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
CrowdStrike reported revenue of $5.09 billion, with a growth rate of 25.6%. Despite this growth, the company posted a negative net margin of -0.6% and a return on equity of -0.25%. The next earnings report is scheduled for September 1, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
29 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 1.0%. Revenue met estimates.
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Profit surprise
EBITDA missed by 65 percent. Operating income missed by 86 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
29 target raises, 1 target cut.
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Earnings quality
Gross margin up 1.5 points. Operating margin up 9.1 points. Positive free cash flow.
Earnings Call Summary
CrowdStrike delivered record results with net new ARR of $221 million and ending ARR of $4.66 billion, up 20 percent year over year. The company beat all guided metrics, driven by artificial intelligence demand and strong Falcon Flex adoption with over 1,000 customers. Management announced the acquisition of ONEM to enhance next-generation SIEM with faster data processing and lower costs, positioning them for accelerated growth.
Guidance The company expects revenue between $4.7495 and $4.8055 billion for the full year, growing 20 to 22 percent. They guided for net new ARR to grow at least 40 percent in the second half and aim to exceed $5 billion in ending ARR by year-end.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Analysts Set New Price Targets
On June 4, 2026, several analysts maintained their ratings on CrowdStrike. UBS and Citigroup both maintained a 'buy' rating with price targets of $790 and $780, respectively. Jefferies also maintained a 'buy' rating with a $760 target. Meanwhile, Macquarie, B of A Securities, and Canaccord Genuity each maintained 'hold' ratings with targets ranging from $660 to $750.
About CrowdStrike
CrowdStrike Holdings, Inc. is a technology company based in Austin, Texas, specializing in cybersecurity solutions. The company's platform offers protection for endpoints, cloud workloads, and data through a subscription-based model. Founded in 2011, CrowdStrike serves both domestic and international clients, providing services like threat intelligence, data protection, and security orchestration and automation. The company is led by CEO George Kurtz and employs over 11,000 people.
Bottom Line
George Kurtz's recent planned sale of CrowdStrike shares is a notable transaction in the company's insider activity. CrowdStrike remains a significant player in the cybersecurity sector, with its stock reflecting substantial investor interest and institutional activity. As always, it's important to remember that insider transactions and institutional filings are backward-looking and may not indicate current or future positions.
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