Powell speech takes center stage in Tuesday’s economic events
CrowdStrike Holdings NASDAQ:CRWD President Michael Sentonas sold 25,000 shares of Class A common stock for a total of $12.725 million, according to a Form 4 filing with the Securities and Exchange Commission. The sales occurred in two transactions, with prices ranging from $505.0 to $515.0. The transactions took place near CrowdStrike’s 52-week high of $517.98, with the stock showing impressive gains of over 54% in the past year. InvestingPro analysis reveals 13 additional key insights about CrowdStrike’s performance and valuation metrics.
On October 8, 2025, Sentonas sold 15,000 shares at $505.0 per share. Then, on October 10, 2025, he sold an additional 10,000 shares at $515.0 per share.
Following these transactions, Sentonas directly owns 354,116 shares of CrowdStrike Holdings.
The sales were executed under a 10b5-1 trading plan adopted on June 24, 2025.
In other recent news, CrowdStrike Holdings has seen several analyst firms raise their price targets for its stock. Stephens increased its target to $590 from $525, maintaining an Overweight rating, following adjustments in its financial model. Similarly, TD Cowen raised its target to $580 from $500, citing factors such as CrowdStrike’s record pipeline and strong execution, making near-term targets "highly achievable." Citizens JMP also raised its target to $550 from $500, maintaining a Market Outperform rating.
In addition to these analyst updates, CrowdStrike announced the appointment of Amjad Hussain as chief resilience officer, a new role aimed at enhancing operational excellence and reliability. Hussain brings over 25 years of experience, having previously worked with Amazon Web Services and Vanilla. Bernstein reiterated a Market Perform rating with a $343 price target after CrowdStrike’s recent Fal.Con event, where investor response was notably positive. These developments reflect a period of strategic adjustments and leadership strengthening for the company.
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