What's happening
- CRWD fell 4.31% today following a roughly 9% post-earnings drop on June 4, its worst single-day decline in nearly two years despite beating Q1 estimates at $1.10 vs $1.07.
- Q2 guidance was raised to approximately $1.44B but only matched consensus rather than exceeding it, an unacceptable outcome for a stock trading at 39.5x sales going into the print.
- Insiders dumped aggressively over the past 30 days with 481 sells against 1 buy and net selling of 157,527 shares, including CEO George Kurtz among notable filers.
- Stock is still up 45.87% over the past month and 50.92% over the past year, materially outperforming the Software - Infrastructure peer average of 13.31%.
- Management announced a 4-for-1 stock split scheduled for July 2026, which provided zero sentiment support against the guidance disappointment.