Intel stock extends gains after report of possible U.S. government stake
Denis O’Leary, a director at CrowdStrike Holdings, Inc. (NASDAQ:CRWD), recently sold shares in the company, according to a filing with the Securities and Exchange Commission. The cybersecurity giant, currently valued at over $116 billion, has seen its stock surge nearly 35% over the past six months. On June 9, O’Leary disposed of multiple blocks of Class A common stock, totaling $7,352,769. The sales were executed at prices ranging from $468.59 to $469.39 per share, near the stock’s 52-week high of $491.20. According to InvestingPro analysis, the company maintains a GOOD financial health score, with 29 analysts recently revising their earnings expectations upward.
These transactions involved various entities, including Hohnco, LLC, Ryderco, LLC, and charitable remainder trusts, all indirectly linked to O’Leary. Following these sales, O’Leary continues to hold a significant number of shares across different entities, with post-transaction ownership figures reflecting these changes. For comprehensive insider trading analysis and 12 additional key insights about CRWD, explore the detailed research available on InvestingPro.
In other recent news, CrowdStrike Holdings reported strong first-quarter results for fiscal year 2026, surpassing FactSet consensus estimates for annual recurring revenue, earnings per share, and free cash flow. The company raised its full-year guidance for operating income and earnings per share, although it kept its revenue outlook unchanged. Additionally, CrowdStrike has achieved a significant milestone with GuidePoint Security, surpassing $1 billion in total sales through their partnership, marking the first time an independent software vendor in the cybersecurity space has reached this level with a single partner.
In analyst updates, Bernstein SocGen Group downgraded CrowdStrike’s stock from Outperform to Market Perform, citing concerns about high valuation despite its strong performance in the cybersecurity sector. Conversely, BMO Capital raised its price target for CrowdStrike to $500, maintaining an Outperform rating, while Piper Sandler increased its price target to $505, citing the company’s growth prospects and unique position in the software industry. Cantor Fitzgerald maintained its Overweight rating with a $475 price target, highlighting CrowdStrike’s robust key performance indicators and strong customer retention. These developments reflect continued confidence in CrowdStrike’s market position and growth potential.
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