Crowdstrike Executive Sells Over $965K in Company Stock

Anurag Saha, the Chief Accounting Officer of CrowdStrike Holdings, Inc., recently divested approximately $965,182 worth of company stock, as disclosed in a new SEC filing. The sales took place on September 23 and 24, involving Class A Common Stock at prices between $289.45 and $297.88.

According to the filing, Saha sold 1,677 shares at $297.28 on the first day, followed by a sale of 6 shares at an average price of $297.88. On the following day, he sold an additional 1,606 shares at $289.45 across various trades within these price ranges.

The filing also noted that Saha’s remaining shares include those to be issued through the vesting of restricted stock units. It emphasized that the reported prices for multi-trade sales reflect a weighted average, and detailed information about the share quantities and transaction prices is available upon request.

Additionally, the filing indicated that 1,683 of the shares sold were used to cover tax withholdings associated with the vesting of restricted stock unit awards, in line with the issuer’s administrative policies.

CrowdStrike, a prominent player in cloud-delivered endpoint and cloud workload protection, has witnessed fluctuations in its stock price in recent months, raising interest in executive stock sales among investors and market analysts. Saha’s recent transactions offer a glimpse into the company’s executive stock activities but do not imply any specific motive or prediction regarding future market trends.

In other news, CrowdStrike has received several analyst updates following its recent Fal.Con 2024 user conference and investor briefing. KeyBanc raised its price target for CrowdStrike from $300 to $345, maintaining an Overweight rating based on the firm’s confidence in the company’s ability to manage the financial impacts from the outage on July 19 effectively.

New offerings presented at the conference, such as network vulnerability management and Falcon Identity Privileged Access, could potentially drive growth in annual recurring revenue. While the company exceeded expectations for annual recurring revenue, revenue, and non-GAAP earnings per share for its second fiscal quarter, its guidance for the third fiscal quarter and fiscal year 2025 fell below consensus estimates.

Several analyst firms, including Needham, BMO Capital, and TD Cowen, have expressed optimism regarding CrowdStrike’s performance and strategic direction. Goldman Sachs reaffirmed its Buy rating and updated its price target, while Scotiabank kept a Sector Perform rating intact. CrowdStrike’s management reiterated their ambitious goal of achieving $10 billion in annual recurring revenue by fiscal year 2031, supported by initiatives like CrowdStrike Financial Services and partnerships with Dazz and 1Password.

As CrowdStrike navigates the evolving market landscape, recent financial metrics and analyst perspectives provide a deeper understanding of the company’s performance. Notably, CrowdStrike possesses more cash than debt, illustrating a robust liquidity position that can support its operations and strategic goals. Analysts also expect an increase in net income for the company this year, suggesting potential for enhanced profitability.

CrowdStrike currently holds a market capitalization of around $70.33 billion, highlighting its significant position within the cybersecurity sector. The company’s price-to-earnings ratio stands at 405.89, indicating high investor expectations for earnings growth. Moreover, CrowdStrike reported a year-over-year revenue growth of 33.07% as of Q2 2025, demonstrating its ability to expand in a competitive environment.

Recent performance indicates a notable return over the past week, with a total price return of 7.24%. This trend may reflect increased investor confidence or responses to specific market events.