The insider selling cluster is too small relative to CRWD's $218B market cap to be material. CEO Kurtz's multi-day selling pattern is consistent with a 10b5-1 plan. Monitor for any upcoming earnings or material events that could explain the timing, but this cluster alone does not warrant a trade.
Price Chart
Executive Summary
CEO George Kurtz sold ~$6.4M in open-market sales over Aug 5-7, while CFO Burt Podbere sold $1.48M and Director Sameer Gandhi sold $20K in the prior week. The total cluster of $7.9M represents ~0.004% of CRWD's $218B market cap — trivial in proportion. The CEO's sales are large in absolute terms but routine for a mega-cap insider; the CFO's sale is the largest single transaction. No 10b5-1 plan is noted, but the pattern of daily sales across multiple days by the CEO is consistent with a pre-arranged plan. The historical calibration shows past neutral reports on CRWD have had poor T+20 performance (avg -11.72%), but this cluster is too small relative to market cap to warrant a directional call.
Key Financial Metrics
Key Facts
- CEO George Kurtz sold ~$6.4M in open-market sales over Aug 5-7, 2026 across 20 trades
- CFO Burt Podbere sold $1.48M on Aug 3, 2026 (7.6K shares at $194.34)
- Director Sameer K. Gandhi sold $20K on Aug 4, 2026 (96 shares at $205.35)
- Total cluster value of ~$7.9M is only ~0.004% of CRWD's $218B market cap
- No 10b5-1 plan disclosed, but multi-day CEO selling pattern suggests pre-arranged plan
- CRWD has 75% analyst bullish rating (12 Strong Buy, 34 Buy, 13 Hold)
Financial Impact
Total insider sales of ~$7.9M represent 0.004% of market cap — trivial
Risk Factors
- CEO selling $6.4M in a concentrated 3-day window could signal personal portfolio rebalancing or tax planning
- CFO Podbere's $1.48M sale is the largest single transaction and may warrant attention if repeated
- Historical CRWD reports have underperformed at T+20 (avg -11.72%), but this cluster is too small to drive price action
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRWD-1786410074528 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 15d ago | 144 | $241.36 $262.49 | ▲ +8.75% | ▲ +6.93% | $266.09 (+10.25%) |
Sep 16, 2026 16d ago | Insider Cluster | $241.36 $262.49 | ▼ −8.75% | ▼ −6.93% | $266.09 (−10.25%) |
Sep 11, 2026 20d ago | S-3ASR | $235.38 $249.35 | ▲ +5.94% | ▲ +4.28% | $266.09 (+13.05%) |
Sep 10, 2026 22d ago | Insider Cluster | $208.86 $245.70 | ▲ +17.64% | ▲ +18.14% | $266.09 (+27.40%) |
Sep 5, 2026 27d ago | Insider Cluster | $210.02 $242.49 | ▲ +15.46% | ▲ +16.58% | $266.09 (+26.70%) |
Sep 3, 2026 29d ago | Insider Cluster | $214.97 $206.74 | ▼ −3.83% | ▼ −2.68% | $266.09 (+23.78%) |
Aug 13, 2026 7w ago | Insider Cluster | $225.53 $190.34 | ▼ −15.60% | ▼ −13.64% | $266.09 (+17.98%) |
Aug 12, 2026 7w ago | Institutional Cluster | $221.78 $201.63 | ▼ −9.09% | ▼ −8.64% | $266.09 (+19.98%) |
Aug 11, 2026 7w ago | Insider Cluster | $221.90 $212.92 | ▼ −4.05% | ▼ −3.64% | $266.09 (+19.91%) |
Aug 7, 2026 8w ago | Insider Cluster | $214.42 $216.95 | ▲ +1.18% | ▲ +0.78% | $266.09 (+24.10%) |
US Market Status
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