Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Sells 540 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 540 shares of the business’s stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of $384.26, for a total value of $207,500.40. Following the completion of the sale, the chief accounting officer now owns 37,661 shares of the company’s stock, valued at $14,471,615.86. The trade was a 1.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Anurag Saha also recently made the following trade(s):

• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The shares were sold at an average price of $364.29, for a total value of $1,041,140.82.
• On Monday, December 23rd, Anurag Saha sold 1,863 shares of CrowdStrike stock. The shares were sold at an average price of $358.46, for a total value of $667,810.98.

CrowdStrike Price Performance

Shares of CRWD opened at $450.14 on Thursday. The business’s 50-day moving average is $382.58 and its two-hundred day moving average is $327.63. The company has a market capitalization of $110.87 billion, a P/E ratio of 882.64, a P/E/G ratio of 18.50 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59.

Institutional Investors Weigh In On CrowdStrike

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Warm Springs Advisors Inc. purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $1,879,000. Cache Advisors LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $1,658,000. GF Fund Management CO. LTD. purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $20,098,000. Pacific Point Advisors LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $513,000. Finally, Investment Management Corp VA ADV purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $528,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CRWD shares. HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target for the company. in a report on Wednesday, November 27th. JMP Securities restated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. Stifel Nicolaus upped their target price on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday. Piper Sandler upped their target price on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Finally, KeyCorp upped their target price on CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $379.73.

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.