CrowdStrike (NASDAQ:CRWD) Shares Up 0.3% – Should You Buy?

CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s stock price shot up 0.3% on Monday . The company traded as high as $382.45 and last traded at $375.97. 1,118,729 shares changed hands during trading, a decline of 60% from the average session volume of 2,771,609 shares. The stock had previously closed at $374.92.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of recent research reports. CICC Research began coverage on shares of CrowdStrike in a research note on Monday, November 18th. They issued a “market perform” rating and a $295.00 price objective on the stock. Jefferies Financial Group increased their price objective on CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Robert W. Baird boosted their target price on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Rosenblatt Securities increased their price target on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $369.00.

CrowdStrike Stock Down 2.8 %

The firm has a fifty day simple moving average of $360.37 and a 200 day simple moving average of $311.65. The company has a market cap of $97.80 billion, a PE ratio of 778.58, a PEG ratio of 20.07 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 5,036 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares in the company, valued at $261,745,630.40. This trade represents a 0.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gerhard Watzinger sold 30,000 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the sale, the director now owns 42,391 shares of the company’s stock, valued at $14,791,491.63. The trade was a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock worth $38,935,113 in the last quarter. 4.34% of the stock is owned by insiders.

Institutional Investors Weigh In On CrowdStrike

Several large investors have recently made changes to their positions in CRWD. Synergy Financial Group LTD increased its holdings in CrowdStrike by 0.8% in the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after purchasing an additional 30 shares in the last quarter. M3 Advisory Group LLC grew its stake in shares of CrowdStrike by 2.8% in the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock valued at $407,000 after buying an additional 32 shares in the last quarter. Meridian Financial Partners LLC raised its holdings in shares of CrowdStrike by 0.6% during the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after buying an additional 33 shares during the period. First Affirmative Financial Network lifted its position in CrowdStrike by 4.2% during the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock worth $278,000 after acquiring an additional 33 shares in the last quarter. Finally, Sunpointe LLC boosted its holdings in CrowdStrike by 3.1% in the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock worth $317,000 after acquiring an additional 34 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.