Crowdstrike director Gandhi sells $2.56m in shares

Published 09/09/2025, 03:08
© Reuters

Director Sameer K. Gandhi of CrowdStrike Holdings, Inc. (NASDAQ:CRWD), currently valued at $107.46 billion, sold 6,211 shares of Class A common stock on September 4, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as CrowdStrike’s stock has delivered an impressive 73.6% return over the past year. The sales, executed in multiple transactions, were priced between $403.30 and $414.85, resulting in a total transaction value of $2,564,477.

The shares were sold indirectly through Potomac Investments L.P. - Fund 1. Following the transactions, Potomac Investments L.P. - Fund 1 holds 768,511 shares.

Gandhi also indirectly holds shares in various other entities, including The Potomac Trust, The Potomac 2011 Irrevocable Trust, Accel Leaders Fund L.P., Accel Leaders Fund Investors 2016 L.L.C., The Potomac 2011 Nonexempt Trust, Accel Growth Fund II L.P., Accel Growth Fund II Strategic Partners L.P., and Accel Growth Fund Investors 2013 L.L.C. Gandhi directly holds 7,487 shares of CrowdStrike.

The sales were conducted pursuant to a 10b5-1 trading plan adopted on June 26, 2024.

In other recent news, CrowdStrike Holdings reported results that exceeded the high end of its guidance across all metrics, leading to an upward revision of its fiscal year 2026 guidance. The company anticipates a more than 40% year-over-year growth in net new annual recurring revenue (NNARR) for the second half of the fiscal year. Despite this positive outlook, UBS adjusted its price target for CrowdStrike to $500 from $545, citing the second-quarter NNARR of $221 million as being near the low end of expectations. Meanwhile, Truist Securities and TD Cowen both maintained their Buy ratings with a $500 price target, highlighting strong platform demand and solid second-quarter results, respectively. RBC Capital also reiterated an Outperform rating with a slightly higher price target of $510, emphasizing the company’s favorable annual recurring revenue outlook. These developments reflect a mixed sentiment among analysts but generally point to optimism about CrowdStrike’s future performance.

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