CrowdStrike slides 7.9% as AI-driven “software replacement” fears hit cybersecurity stocks

CrowdStrike Holdings (CRWD) is down 7.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to a broad cybersecurity selloff after Anthropic unveiled a new Claude capability focused on identifying and fixing software vulnerabilities, reviving concerns that agentic AI tools could compress demand and pricing for parts of the traditional security software stack. Recent valuation-focused analyst caution around CrowdStrike likely added to the downside sensitivity.

Details:

Anthropic introduced “Claude Code Security” in a limited preview, positioned as an AI tool that scans codebases for vulnerabilities and drafts remediation for human review, which stirred investor worry about AI encroaching on security vendors’ workflows.

Cybersecurity peers also traded lower in the same session, pointing to sector-wide de-risking rather than a company-specific CrowdStrike headline.

A recent Bank of America call moved CrowdStrike to Hold on valuation, highlighting decelerating growth and revenue headwinds tied to the company’s customer commitment/discounting transition.

Sources:

Yahoo Finance, Seeking Alpha, TipRanks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CRWD Insider Trading Activity

$CRWD insiders have traded $CRWD stock on the open market 164 times in the past 6 months. Of those trades, 0 have been purchases and 164 have been sales.

Here’s a breakdown of recent trading of $CRWD stock by insiders over the last 6 months:

GEORGE KURTZ (PRESIDENT AND CEO) has made 0 purchases and 60 sales selling 77,985 shares for an estimated $35,990,063.
MICHAEL SENTONAS (PRESIDENT) has made 0 purchases and 7 sales selling 68,022 shares for an estimated $33,954,383.
BURT W. PODBERE (CHIEF FINANCIAL OFFICER) has made 0 purchases and 20 sales selling 32,680 shares for an estimated $15,453,517.
SAMEER K GANDHI has made 0 purchases and 43 sales selling 18,723 shares for an estimated $9,262,732.
DENIS OLEARY has made 0 purchases and 4 sales selling 7,750 shares for an estimated $3,994,628.
ANURAG SAHA (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 6 sales selling 6,362 shares for an estimated $3,090,059.
JOHANNA FLOWER has made 0 purchases and 24 sales selling 5,347 shares for an estimated $2,538,161.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$CRWD Hedge Fund Activity

We have seen 1,081 institutional investors add shares of $CRWD stock to their portfolio, and 923 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 5,864,553 shares (-74.5%) from their portfolio in Q4 2025, for an estimated $2,749,067,864
PATHSTONE HOLDINGS, LLC removed 1,247,544 shares (-50.8%) from their portfolio in Q4 2025, for an estimated $584,798,725
VESTOR CAPITAL, LLC removed 977,184 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $479,191,489
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 659,705 shares (+310.0%) to their portfolio in Q4 2025, for an estimated $309,243,315
TIGER GLOBAL MANAGEMENT LLC removed 500,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $245,190,000
ASSENAGON ASSET MANAGEMENT S.A. added 499,353 shares (+232.5%) to their portfolio in Q4 2025, for an estimated $234,076,712
BLACKROCK, INC. added 479,026 shares (+2.3%) to their portfolio in Q4 2025, for an estimated $224,548,227

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CRWD Congressional Stock Trading

Members of Congress have traded $CRWD stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $CRWD stock by members of Congress over the last 6 months:

REPRESENTATIVE MARJORIE TAYLOR GREENE purchased up to $15,000 on 09/11.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$CRWD Analyst Ratings

Wall Street analysts have issued reports on $CRWD in the last several months. We have seen 23 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 01/13/2026
Citigroup issued a "Buy" rating on 01/13/2026
Freedom Capital Markets issued a "Buy" rating on 12/11/2025
Goldman Sachs issued a "Buy" rating on 12/04/2025
JP Morgan issued a "Overweight" rating on 12/03/2025
Rosenblatt issued a "Buy" rating on 12/03/2025
BMO Capital issued a "Outperform" rating on 12/03/2025

To track analyst ratings and price targets for $CRWD, check out Quiver Quantitative's $CRWD forecast page.

$CRWD Price Targets

Multiple analysts have issued price targets for $CRWD recently. We have seen 39 analysts offer price targets for $CRWD in the last 6 months, with a median target of $555.0.

Here are some recent targets:

Saket Kalia from Barclays set a target price of $550.0 on 02/20/2026
Junaid Siddiqui from Truist Securities set a target price of $550.0 on 02/17/2026
Gregg Moskowitz from Mizuho set a target price of $490.0 on 02/17/2026
Stephen Bersey from HSBC set a target price of $446.0 on 02/13/2026
Steve Koenig from Macquarie set a target price of $485.0 on 01/27/2026
Fatima Boolani from Citigroup set a target price of $610.0 on 01/13/2026
Gray Powell from BTIG set a target price of $640.0 on 01/13/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.