CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha Sells 1,496 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 1,496 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, March 24th, Anurag Saha sold 2,141 shares of CrowdStrike stock. The stock was sold at an average price of $371.79, for a total transaction of $796,002.39.
• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The stock was sold at an average price of $364.29, for a total transaction of $1,041,140.82.

CrowdStrike Price Performance

Shares of CRWD opened at $384.95 on Wednesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $95.42 billion, a PE ratio of 754.82, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The business has a 50-day simple moving average of $387.90 and a two-hundred day simple moving average of $347.04.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CRWD. BTIG Research raised CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price target on the stock in a research report on Tuesday. Rosenblatt Securities restated a “buy” rating and issued a $450.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Citigroup reaffirmed a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $440.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $400.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CRWD. Fire Capital Management LLC acquired a new stake in CrowdStrike during the 4th quarter worth approximately $488,000. Mascagni Wealth Management Inc. acquired a new position in shares of CrowdStrike during the fourth quarter worth $159,000. 111 Capital acquired a new position in shares of CrowdStrike during the fourth quarter worth $764,000. Lansforsakringar Fondforvaltning AB publ acquired a new stake in CrowdStrike in the fourth quarter valued at $27,016,000. Finally, Centaurus Financial Inc. increased its holdings in CrowdStrike by 62.0% in the fourth quarter. Centaurus Financial Inc. now owns 3,153 shares of the company’s stock valued at $1,079,000 after purchasing an additional 1,207 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.