CRWD

Moving with its cybersecurity peers

• CRWD −3.09% on the last session vs SPY −0.28%: −2.8 pts of stock-specific move.
• Cybersecurity basket -2.1% (-1.8 pts vs SPY; NET -4.8%, OKTA -2.4%, FTNT -2.2%, PANW -2.0%): the stock moved with its peers.
• Aftermath, big gain (Oct 9): After its 60 big gains in the past 5 years, CRWD was higher a month later 43 times out of 60; half the outcomes fell between -3.5% and +12.4%. History, not a forecast.
• 2 Reddit mentions in the past 24 hours, 65% positive over the week.
• 7 analyst actions in the past 10 days (6 positive, 0 negative); latest: Freedom Broker maintained Buy, raised target $260 → $320.
• 21 insider or congressional trades in the past 30 days, including 4 insider sales not under a 10b5-1 plan.
• Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
• Activity: volume on pace for 1.9× its 20-day average.