CrowdStrike CEO George Kurtz Sells Shares Worth $1.69 Million
George Kurtz, CEO of CrowdStrike, sold 2,500 shares in a planned transaction.
Key Points
- On June 24, 2026, George Kurtz, CEO of CrowdStrike, sold 2,500 shares at an average price of $676.54 each.
- CrowdStrike's stock traded around $673.02 on Friday, with a market cap of $171.94 billion and a forward P/E of 108.07.
- Analysts from UBS and Citigroup maintained a 'buy' rating, with price targets of $790 and $780, respectively.
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George Kurtz, the President and CEO of CrowdStrike Holdings, Inc., sold 2,500 shares of the company's stock on June 24, 2026. The shares were sold at an average price of $676.54 each, resulting in a total transaction value of approximately $1.69 million. This sale was part of a planned transaction under a Rule 10b5-1 trading plan.
Insider Buying and Selling at CrowdStrike Holdings, Inc.
In addition to George Kurtz's recent sales, other insiders have also been active. Anurag Saha, the Chief Accounting Officer, sold 1,497 shares on June 24, 2026, at an average price of $680.49. Earlier, on June 22, 2026, Burt Podbere, the Chief Financial Officer, sold 8,398 shares at an average price of $692.04, though this was not part of a planned sale.
Other Institutional Activity in CrowdStrike
Several institutional investors have been adjusting their positions in CrowdStrike. BlackRock, Inc. increased its holdings by 218,543 shares, bringing its total to 21,373,637 shares valued at about $8.34 billion. Vanguard Capital Management LLC opened a new position with 15,965,393 shares worth approximately $6.23 billion. Meanwhile, State Street Corp reduced its holdings by 24,556 shares, ending with 11,137,162 shares valued at $4.35 billion. Morgan Stanley added 341,278 shares, totaling 6,557,957 shares valued at $2.56 billion.
CrowdStrike Holdings, Inc. Stock Up 210.7%
Shares of NasdaqGS:CRWD traded near $673.02 on Friday. CrowdStrike Holdings, Inc. has a market capitalization of approximately $171.94 billion and a forward P/E ratio of 108.07. The stock's beta is 1.244, indicating moderate volatility compared to the market. The 52-week range for the stock is between $342.72 and $785.66, with a 50-day moving average of $565.55 and a 200-day moving average of $489.41.
$CRWD stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
CrowdStrike reported revenue of $5.09 billion in its most recent earnings, reflecting a growth rate of 25.6%. Despite this revenue growth, the company posted a net margin of -0.598% and a return on equity of -0.249%. The company is set to release its next earnings report on 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. Macquarie and B of A Securities kept a 'hold' rating, with price targets of $660 and $750, respectively. The consensus among analysts is a 'buy' recommendation, with a mean price target of $712.37.
About CrowdStrike Holdings, Inc.
CrowdStrike Holdings, Inc. is a technology company based in Austin, Texas, specializing in cybersecurity solutions. The company offers a range of services through its cloud-based Falcon platform, including endpoint protection, cloud workload security, and threat intelligence. Led by CEO George R. Kurtz, CrowdStrike employs over 11,000 people and serves customers worldwide through a subscription-based model.
Bottom Line
George Kurtz's recent planned sale of CrowdStrike shares is part of the ongoing insider activity within the company. While the stock remains a focus for institutional investors, the recent analyst ratings suggest continued interest in its potential. As always, it's important to remember that insider transactions and 13F filings are historical data and may not reflect current positions or future expectations.
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