CrowdStrike’s revenue growth topped 35% in fiscal 2024. It is expected to be 25% in fiscal 2027, raising questions about the company’s high valuation.
The shares underperformed peers, falling more than 13% over the past month.
SEC filings reported on November 5 detailed stock sales by senior executives. President and CEO George Kurtz sold thousands of shares on November 2 and 3 under a Rule 10b5-1 trading plan.
CFO Burt Podbere sold 7,710 shares on November 2 to cover tax withholding obligations related to the vesting of restricted stock units.