Crowdstrike director Roxanne Austin sells shares worth $4.83 million

Published 14/06/2025, 02:50
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Roxanne Austin, a director at CrowdStrike Holdings, Inc. (NASDAQ:CRWD), recently executed a series of stock transactions involving the company’s Class A common stock. On June 12, 2025, Austin sold a total of 10,000 shares at prices ranging from $480 to $485 per share. This sale generated approximately $4.83 million in proceeds. The transaction occurred as CrowdStrike’s stock trades near its 52-week high of $491.20, having delivered an impressive 40% return year-to-date. According to InvestingPro analysis, the cybersecurity giant, now valued at nearly $120 billion, appears to be trading above its Fair Value.

In addition to the sales, Austin also exercised stock options, acquiring 10,000 shares of Class A common stock. These options were exercised at a price of $11.13 per share, though the exercise transactions themselves did not involve any cash outlay, as is common with such options. Following these transactions, Austin’s direct ownership stands at 18,297 shares, with additional shares to be issued in connection with the vesting of restricted stock units (RSUs). InvestingPro data shows CrowdStrike maintains strong financial health with a GOOD overall score, supported by robust liquidity metrics. Discover 13 additional exclusive ProTips and comprehensive valuation metrics with an InvestingPro subscription.

In other recent news, CrowdStrike Holdings reported strong first-quarter 2026 results, surpassing FactSet consensus estimates for annual recurring revenue, earnings per share, and free cash flow. Despite this, the company maintained its revenue outlook, which may have been less optimistic than some expectations. BMO Capital analysts have raised their price target for CrowdStrike to $500, citing strong quarterly performance and a comprehensive security portfolio. Piper Sandler also increased their price target to $505, highlighting the company’s growth prospects and improved forward-looking metrics, such as annual recurring revenue and free cash flow margin.

Cantor Fitzgerald maintained an Overweight rating with a $475 price target, emphasizing CrowdStrike’s robust key performance indicators and platform adoption. However, Bernstein SocGen Group downgraded CrowdStrike from Outperform to Market Perform, noting concerns about the high valuation in the cybersecurity sector. CrowdStrike also announced the integration of its Falcon Cloud Security with NVIDIA (NASDAQ:NVDA)’s LLM services, aiming to enhance AI workload protection across hybrid and multi-cloud environments. This collaboration is designed to address AI-specific risks, including data poisoning and sensitive data leakage, by providing security throughout AI development and deployment stages.

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