Marjorie Taylor Greene Buys Cybersecurity Stock Owned By Nancy Pelosi: Why Trade Could Draw Red Flags
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2024
0mins
Should l Buy CRWD?
Source: Benzinga
- Rep. Marjorie Taylor Greene's Stock Trading: Greene reported transactions in companies like CrowdStrike, NextEra Energy, Nestle, Lululemon Athletica, Costco Wholesale, and ASML Holding NV.
- Comparison to Nancy Pelosi: Both Greene and Pelosi have invested in CrowdStrike stock, despite their political differences.
- Calls for Stock Trading Ban: There are increasing calls to ban Congressional members and their spouses from trading stocks.
- Greene's Committee Assignments: Greene's involvement in the Subcommittee on Cybersecurity raises concerns about her access to sensitive information related to government contracts and cybersecurity.
- ETFs Tracking Congress Trading: ETFs like KRUZ and NANC monitor the trading activity of Republican and Democratic members of Congress, with a new ETF from Tuttle Capital in development.
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Analyst Views on CRWD
Wall Street analysts forecast CRWD stock price to rise
34 Analyst Rating
23 Buy
11 Hold
0 Sell
Moderate Buy
Current: 505.720
Low
353.00
Averages
559.71
High
640.00
Current: 505.720
Low
353.00
Averages
559.71
High
640.00
About CRWD
CrowdStrike Holdings, Inc. is a global cybersecurity company that provides cloud-delivered protection of endpoints, cloud workloads, identity and data. Its Falcon platform is designed for cybersecurity consolidation, purpose-built to stop breaches. The platforms collect and integrate data from across the enterprise, including endpoints, cloud workloads, identities, and third-party sources. It offers 29 cloud modules on its Falcon platform via a software as a service (SaaS) subscription-based model that spans multiple large markets, including corporate endpoint and cloud workload security, managed security services, security and vulnerability management, information technology (IT) operations management, identity protection, next-generation security information and event management (SIEM) and log management, threat intelligence services, data protection, SaaS security posture management, automation and response (SOAR) and artificial intelligence powered workflow automation, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CrowdStrike to Release Q1 2027 Financial Results on June 3, 2026
- Earnings Release Schedule: CrowdStrike will announce its financial results for the fiscal first quarter 2027 on June 3, 2026, after U.S. market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the financial results, aiming to enhance investor understanding and confidence in its performance.
- Webcast Availability: The conference call will be accessible via a live webcast, allowing investors to access the information widely and in a timely manner through the CrowdStrike investor relations website.
- Reinforcing Market Leadership: As a global cybersecurity leader, CrowdStrike continues to provide exceptional protection through its advanced cloud-native platform, further solidifying its market position in enterprise risk management.
See More
CrowdStrike Announces 2026 Americas Partner of the Year Awards
- Annual Partner Awards: At the 2026 Americas Partner Symposium, CrowdStrike announced the winners of its annual partner awards, recognizing partners who help customers consolidate security in the AI era, highlighting the value and impact of its Falcon platform.
- Notable Winners: GuidePoint Security received the Americas Partner of the Year award, Accenture won the Innovation Excellence Award, and AWS was named the Americas Falcon Partner, showcasing the critical role partners play in driving platform expansion and business growth.
- Partner Ecosystem: CrowdStrike's global partner ecosystem is not only selling the Falcon platform but also building high-growth businesses, driving customer adoption, and delivering outcomes, underscoring the essential role partners play in preventing cyber breaches.
- Platform Advantages: The Falcon platform provides hyper-accurate detections and automated protection through real-time attack indicators and threat intelligence, demonstrating its leading position and market demand in modern cybersecurity.
See More
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- ETF Performance Recovery: The iShares Expanded Tech-Software ETF (IGV) has risen nearly 14% over the past month, rebounding over 4% in April and ending a three-month decline, indicating a gradual restoration of market confidence in the software sector.
- Year-to-Date Weakness: Despite the recent uptick, IGV is still down 14% year-to-date, as investor concerns about artificial intelligence potentially eroding market share from software-as-a-service companies persist, leading to fears of a 'SaaSpocalypse.'
- Individual Stock Breakouts: Jason Hunter, a technical strategist at JPMorgan, noted that software stocks are less correlated than semiconductors recently, with several stocks breaking out from multi-week base patterns, including Palo Alto Networks, Oracle, Microsoft, and CrowdStrike.
- Oracle's Strong Performance: Among these stocks, Oracle has been the standout performer, surging over 35.5% in the past month to close at $194.59 on Thursday, nearing levels last seen in January, while Microsoft, after breaking back above $400 in April, closed at $420.77 on Thursday, indicating strong upward momentum.
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- Performance Beats Expectations: The company reported adjusted earnings of $0.25 per share for Q1, exceeding the expected $0.23, with revenue rising to $639.8 million from $479.1 million a year prior, showcasing strong market performance amid its AI transition.
- Upgraded Future Outlook: Cloudflare raised its 2026 adjusted earnings guidance to between $1.19 and $1.20 per share, significantly above the previous forecast of $1.11 to $1.12, reflecting management's confidence in future performance despite uncertainties from layoffs.
- Market Sentiment Analysis: While Cloudflare's stock has soared 111% over the past year, investor sentiment appears cautious following the layoff announcement, with some analysts suggesting that the cuts may introduce execution risks that could undermine investor confidence.
See More
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- Economic Data Support: Despite the market decline, initial jobless claims rose by 10,000 to 200,000, below the expected 205,000, indicating resilience in the labor market, while Q1 nonfarm productivity increased by 0.8%, surpassing the 0.6% forecast, providing some support to the market.
- Earnings Report Impact: As of Thursday, 84% of the 425 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise by 12% year-over-year, although growth outside the tech sector is only expected to be around 3%, indicating a divergence that may influence investor allocation strategies.
- Oil Price Recovery: WTI crude oil prices rebounded after a 4% decline on Thursday, as the market focused on the potential resumption of US military operations to ensure safe passage through the Strait of Hormuz, which is expected to have ongoing implications for global oil prices and related stocks.
See More
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- Oil Price Recovery: West Texas Intermediate crude oil prices rebounded above $97 per barrel after a morning dip, reflecting cautious optimism about future demand, which could impact related energy stocks' performance.
- Divergent Tech Stock Performance: As AI-related stocks pull back, cybersecurity software stocks like CrowdStrike and Palo Alto Networks surged, crossing $500 and $190 respectively for the first time, indicating increased market confidence in their business models and potentially attracting more investor interest.
- Boeing Stock Rise: Boeing's shares rose as CEO Kelly Ortberg is set to accompany President Trump on his trip to China, with the market anticipating a major order of up to 500 planes, although skepticism remains regarding the order's realization.
- Employment Data Expectations: Economists forecast a 65,000 increase in April's nonfarm payrolls with the unemployment rate steady at 4.3%, while average hourly earnings are expected to rise by 3.8%, providing crucial economic health indicators that could influence investor confidence.
See More
CrowdStrike to Release Q1 2027 Financial Results on June 3, 2026
- Earnings Release Schedule: CrowdStrike will announce its financial results for the fiscal first quarter 2027 on June 3, 2026, after U.S. market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the financial results, aiming to enhance investor understanding and confidence in its performance.
- Webcast Availability: The conference call will be accessible via a live webcast, allowing investors to access the information widely and in a timely manner through the CrowdStrike investor relations website.
- Reinforcing Market Leadership: As a global cybersecurity leader, CrowdStrike continues to provide exceptional protection through its advanced cloud-native platform, further solidifying its market position in enterprise risk management.
See More
CrowdStrike Announces 2026 Americas Partner of the Year Awards
- Annual Partner Awards: At the 2026 Americas Partner Symposium, CrowdStrike announced the winners of its annual partner awards, recognizing partners who help customers consolidate security in the AI era, highlighting the value and impact of its Falcon platform.
- Notable Winners: GuidePoint Security received the Americas Partner of the Year award, Accenture won the Innovation Excellence Award, and AWS was named the Americas Falcon Partner, showcasing the critical role partners play in driving platform expansion and business growth.
- Partner Ecosystem: CrowdStrike's global partner ecosystem is not only selling the Falcon platform but also building high-growth businesses, driving customer adoption, and delivering outcomes, underscoring the essential role partners play in preventing cyber breaches.
- Platform Advantages: The Falcon platform provides hyper-accurate detections and automated protection through real-time attack indicators and threat intelligence, demonstrating its leading position and market demand in modern cybersecurity.
See More
Signs of Recovery in Software Stocks Market
- ETF Performance Recovery: The iShares Expanded Tech-Software ETF (IGV) has risen nearly 14% over the past month, rebounding over 4% in April and ending a three-month decline, indicating a gradual restoration of market confidence in the software sector.
- Year-to-Date Weakness: Despite the recent uptick, IGV is still down 14% year-to-date, as investor concerns about artificial intelligence potentially eroding market share from software-as-a-service companies persist, leading to fears of a 'SaaSpocalypse.'
- Individual Stock Breakouts: Jason Hunter, a technical strategist at JPMorgan, noted that software stocks are less correlated than semiconductors recently, with several stocks breaking out from multi-week base patterns, including Palo Alto Networks, Oracle, Microsoft, and CrowdStrike.
- Oracle's Strong Performance: Among these stocks, Oracle has been the standout performer, surging over 35.5% in the past month to close at $194.59 on Thursday, nearing levels last seen in January, while Microsoft, after breaking back above $400 in April, closed at $420.77 on Thursday, indicating strong upward momentum.
See More
Cloudflare to incur $140M-$150M charges due to layoffs
- Layoff Charges Expected: Cloudflare anticipates incurring charges between $140 million and $150 million due to layoffs, which will be reflected in Q2 earnings, indicating financial strain during its transformation process.
- Performance Beats Expectations: The company reported adjusted earnings of $0.25 per share for Q1, exceeding the expected $0.23, with revenue rising to $639.8 million from $479.1 million a year prior, showcasing strong market performance amid its AI transition.
- Upgraded Future Outlook: Cloudflare raised its 2026 adjusted earnings guidance to between $1.19 and $1.20 per share, significantly above the previous forecast of $1.11 to $1.12, reflecting management's confidence in future performance despite uncertainties from layoffs.
- Market Sentiment Analysis: While Cloudflare's stock has soared 111% over the past year, investor sentiment appears cautious following the layoff announcement, with some analysts suggesting that the cuts may introduce execution risks that could undermine investor confidence.
See More
US Stocks Close Lower Amid Cautious Market Sentiment
- Market Weakness: On Thursday, the S&P 500 Index fell by 0.38%, the Dow Jones Industrial Average dropped by 0.63%, and the Nasdaq 100 Index decreased by 0.12%, reflecting investor skepticism regarding a potential US-Iran peace deal, which led to a reversal of early gains and impacted market confidence.
- Economic Data Support: Despite the market decline, initial jobless claims rose by 10,000 to 200,000, below the expected 205,000, indicating resilience in the labor market, while Q1 nonfarm productivity increased by 0.8%, surpassing the 0.6% forecast, providing some support to the market.
- Earnings Report Impact: As of Thursday, 84% of the 425 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise by 12% year-over-year, although growth outside the tech sector is only expected to be around 3%, indicating a divergence that may influence investor allocation strategies.
- Oil Price Recovery: WTI crude oil prices rebounded after a 4% decline on Thursday, as the market focused on the potential resumption of US military operations to ensure safe passage through the Strait of Hormuz, which is expected to have ongoing implications for global oil prices and related stocks.
See More
Market Dynamics: Oil Prices and Tech Stocks Fluctuate
- Oil Price Recovery: West Texas Intermediate crude oil prices rebounded above $97 per barrel after a morning dip, reflecting cautious optimism about future demand, which could impact related energy stocks' performance.
- Divergent Tech Stock Performance: As AI-related stocks pull back, cybersecurity software stocks like CrowdStrike and Palo Alto Networks surged, crossing $500 and $190 respectively for the first time, indicating increased market confidence in their business models and potentially attracting more investor interest.
- Boeing Stock Rise: Boeing's shares rose as CEO Kelly Ortberg is set to accompany President Trump on his trip to China, with the market anticipating a major order of up to 500 planes, although skepticism remains regarding the order's realization.
- Employment Data Expectations: Economists forecast a 65,000 increase in April's nonfarm payrolls with the unemployment rate steady at 4.3%, while average hourly earnings are expected to rise by 3.8%, providing crucial economic health indicators that could influence investor confidence.
See More
