Shares of cybersecurity-related companies are trading higher amid sympathy with Crowdstrike and Okta after those companies reported better-than-expected financial results and raised their respective guidance metrics above estimates.
CRWD and OKTA
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CRWD and OKTA
Check Point Software Technologies' Chief Revenue Officer Sherif Seddik sold 10,272 shares (29% of his direct holdings) for approximately $1.3 million on August 4, 2026, at a weighted average price of $123.59. The sale occurred after the stock declined 36% over the preceding 12 months. Despite the sale, Seddik retains 24,675 shares worth ~$3.1 million and continues to hold restricted share units vesting through 2029.
The Coldcard Bitcoin wallet hack is renewing interest in cybersecurity ETFs as rising crypto attacks strengthen demand for digital security solutions.