Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sells 6,250 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the transaction, the director now owns 805,592 shares of the company’s stock, valued at $332,218,084.88. This trade represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

CrowdStrike Stock Up 0.8 %

Shares of NASDAQ:CRWD opened at $420.51 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $421.63. The business has a 50 day simple moving average of $365.55 and a two-hundred day simple moving average of $314.12. The firm has a market capitalization of $103.58 billion, a PE ratio of 824.55, a price-to-earnings-growth ratio of 21.13 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CRWD. Cantor Fitzgerald lifted their price target on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Jefferies Financial Group lifted their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Royal Bank of Canada boosted their target price on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, KeyCorp boosted their target price on shares of CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $370.00.

Institutional Trading of CrowdStrike

A number of large investors have recently modified their holdings of the company. Jacobi Capital Management LLC boosted its holdings in shares of CrowdStrike by 1.9% in the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after purchasing an additional 25 shares during the period. Synergy Financial Group LTD boosted its holdings in shares of CrowdStrike by 0.8% in the third 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 during the period. M3 Advisory Group LLC boosted its holdings 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 purchasing an additional 32 shares during the period. Advisor OS LLC boosted its holdings in shares of CrowdStrike by 2.5% in the fourth quarter. Advisor OS LLC now owns 1,312 shares of the company’s stock valued at $449,000 after purchasing an additional 32 shares during the period. Finally, Meridian Financial Partners LLC boosted its holdings in shares of CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after purchasing an additional 33 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

About CrowdStrike

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.