Crowdstrike CEO George Kurtz sells $4.2m in company stock
George Kurtz, the President and CEO of CrowdStrike Holdings, divested 20,000 shares of the company's Class A common stock on September 4 and September 8, 2026. The sales totaled $4,225,561, with the shares exchanged at prices between $206.94 and $216.00 per share. This activity was conducted under a 10b-1 plan, approved on January 6, 2026.
CrowdStrike's stock has shown impressive growth, increasing 96% over the last year and 77% year-to-date, currently trading at $207.80. Upon executing these transactions, Kurtz directly owns 7,796,019 shares of Class A common stock, and indirectly owns 400,000 shares through the Kurtz Family Dynasty Trust, although he disclaims beneficial ownership of these shares except for his financial interest.
According to InvestingPro, CrowdStrike appears overvalued at present levels. CrowdStrike has recently garnered attention from several analysts following its Fal.Con 2026 event. Rosenblatt maintains a Buy rating with a $250 price target, citing the company's ambitious growth forecasts, including a fiscal 2028 Net New ARR guide of at least 20% growth.
Scotiabank increased its price target for CrowdStrike shares to $265 from $250, retaining a Sector Outperform rating, attributing this to robust demand for AI security solutions. StoneX also reiterated a Buy rating with a $250 target, underscoring the company's strategic progress in establishing security infrastructure for AI deployment at an enterprise level.
BMO Capital reiterated an Outperform rating with a $235 price target, expressing growing confidence in CrowdStrike's security portfolio. Piper Sandler maintained an Overweight rating with a $240 target, acknowledging the company's advancements in next-generation AI protection capabilities. These insights from various analysts highlight the bullish sentiment surrounding CrowdStrike's strategic direction and product innovation. This report was AI-assisted and edited for accuracy.
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