Urgent.News

What's breaking now, across thousands of outlets.

Editions

Finance & Markets

Crowdstrike CEO George Kurtz sells over $4.1m in company stock

Crowdstrike CEO George Kurtz sells over $4.1m in company stock

George Kurtz, CEO of CrowdStrike Holdings, sold 20,580 shares of the company’s Class A common stock on August 18 and 19, 2026, for $4,136,215. The sales were made under a pre-established 10b5-1 plan, adopted in January 2026. CrowdStrike shares have dropped 12% in the past week, now trading at $190.34, but the stock is considered overvalued by InvestingPro analysis.

After selling the shares, Kurtz directly owns 7,926,019 CrowdStrike Class A shares, with 400,000 more held indirectly through a trust. Kurtz disclaims beneficial ownership of the indirectly held shares. Investors have access to 13 InvestingPro Tips for CrowdStrike, including pre-earnings analysis. CrowdStrike is set to report second-quarter fiscal 2027 earnings, with analysts maintaining a Neutral rating.

The company’s guidance aligns with typical seasonal growth. Benchmark raised its price target for CrowdStrike to $250, expecting the company to outperform on key metrics. Stifel also raised its rating to Buy with a $230 price target. Cantor Fitzgerald adjusted its price target to $250 post-split, maintaining an Overweight rating.

CrowdStrike’s Chief Technology Officer recently left the company to launch an AI-focused cybersecurity fund.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at investing.com →

More in Finance & Markets

More from Friday 21 August →