CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Receives $376.00 Average PT from Analysts

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have been assigned an average recommendation of “Moderate Buy” from the forty-four analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, twenty-eight have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $383.08.

Several equities research analysts recently issued reports on the company. Hsbc Global Res downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Scotiabank reissued a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. UBS Group cut CrowdStrike from a “buy” rating to a “cautious” rating in a research note on Wednesday, February 5th. Stifel Nicolaus boosted their target price on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Baird R W cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd.

CrowdStrike Price Performance

CRWD stock opened at $406.61 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $100.15 billion, a PE ratio of 797.30, a P/E/G ratio of 17.86 and a beta of 1.16. CrowdStrike has a 12-month low of $200.81 and a 12-month high of $455.59. The business’s fifty day moving average price is $384.76 and its 200 day moving average price is $330.35.

Insiders Place Their Bets

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the transaction, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. The trade was a 4.07 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 136,565 shares of company stock valued at $51,038,529. Corporate insiders own 4.34% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds have recently bought and sold shares of the stock. Putney Financial Group LLC purchased a new position in CrowdStrike during the fourth quarter worth $1,009,000. Vermillion Wealth Management Inc. acquired a new position in CrowdStrike in the fourth quarter valued at $60,000. Mackenzie Financial Corp increased its stake in CrowdStrike by 46.2% in the fourth quarter. Mackenzie Financial Corp now owns 60,226 shares of the company’s stock valued at $20,607,000 after purchasing an additional 19,041 shares during the last quarter. Jupiter Wealth Management LLC acquired a new position in CrowdStrike in the fourth quarter valued at $120,000. Finally, Warm Springs Advisors Inc. acquired a new position in CrowdStrike in the fourth quarter valued at $1,879,000. 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.