CrowdStrike Holdings CEO George Kurtz sold 19,000 Class A common shares for approximately $4.46 million through a 10b5-1 trading plan executed on August 31 and September 1, 2026. The transactions occurred as the cybersecurity company’s stock declined nearly 11% over the prior week.
The shares were sold at prices ranging from $213.39 to $233.53 each, below the 52-week high of $233.88. CrowdStrike’s stock was trading at $203.41 following the transactions. Kurtz retained 7,836,019 Class A shares directly and 400,000 shares indirectly via the Kurtz Family Dynasty Trust, though he disclaims beneficial ownership beyond his pecuniary interest.
The sales follow a fiscal second quarter of 2027 in which CrowdStrike reported a 33.5% increase in non-GAAP earnings per share and a 26% rise in revenue. The company’s stock has gained 97% over the past year despite the recent pullback.
Analysts have adjusted price targets upward in recent months. Argus raised its target to $425 from $230 while maintaining a buy rating. Truist Securities lifted its target to $300 from $245, and DA Davidson kept its buy rating with a $245 target. TD Cowen maintained a buy rating with a $250 target.
