Crowdstrike CEO Kurtz sells $19 million in shares

Published 06/08/2025, 20:58
© Reuters

CrowdStrike Holdings Inc. (NASDAQ:CRWD) President and CEO George Kurtz sold 40,075 shares of Class A common stock on August 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The cybersecurity giant, currently valued at $112 billion, has seen its stock surge over 90% in the past year, according to InvestingPro data. The sales, which totaled $19,039,813, occurred at prices ranging from $439.38 to $457.66.

The filing indicates that the sales were executed in multiple trades at various price points within the specified ranges.

Following the transactions, Kurtz directly owns 2,132,887 shares of CrowdStrike’s Class A common stock. He also indirectly owns 100,000 shares through the Kurtz Family Dynasty Trust. The company maintains strong revenue growth of 26% year-over-year, despite trading at premium multiples.

In other recent news, CrowdStrike has unveiled CrowdStrike Signal, a suite of AI-powered detection engines designed to identify early-stage threats, enhancing cybersecurity measures. At the Black Hat USA 2025 event, the company highlighted how Signal utilizes self-learning models to detect subtle deviations that could indicate malicious activity. In terms of financial assessments, Moody’s has raised CrowdStrike’s outlook to positive, citing a strong competitive position and projecting subscription revenue growth from 20% to 23% by fiscal year 2027. Cantor Fitzgerald has reiterated an Overweight rating on CrowdStrike, projecting Net New Annual Recurring Revenue to grow 8% year-over-year to $870 million in fiscal year 2026. Citizens JMP also reiterated a Market Outperform rating, emphasizing CrowdStrike’s strong position in endpoint protection, especially relevant in the AI security context. These developments reflect the company’s ongoing efforts to strengthen its market position and drive growth.

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