Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Sells 2,858 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 2,858 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the completion of the sale, the chief accounting officer now directly owns 38,201 shares in the company, valued at $13,916,242.29. The trade was a 6.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, December 23rd, Anurag Saha sold 1,863 shares of CrowdStrike stock. The stock was sold at an average price of $358.46, for a total value of $667,810.98.

CrowdStrike Stock Performance

CRWD stock opened at $354.99 on Friday. The company has a market cap of $87.44 billion, a P/E ratio of 696.07, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. The stock’s fifty day moving average price is $342.36 and its 200-day moving average price is $315.74.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CRWD shares. BNP Paribas initiated coverage on shares of CrowdStrike in a report on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 price target on the stock. Evercore ISI boosted their price target on shares of CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, November 25th. Oppenheimer raised their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Cantor Fitzgerald upped their target price on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Finally, Royal Bank of Canada decreased their target price on CrowdStrike from $370.00 to $365.00 and set an “outperform” rating for the company in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $364.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Abich Financial Wealth Management LLC purchased a new position in shares of CrowdStrike in the second quarter worth approximately $25,000. Itau Unibanco Holding S.A. purchased a new position in shares of CrowdStrike during the 2nd quarter worth $33,000. Fairfield Financial Advisors LTD bought a new stake in shares of CrowdStrike during the 2nd quarter valued at $38,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of CrowdStrike in the 2nd quarter worth $38,000. Finally, Oakworth Capital Inc. bought a new position in CrowdStrike in the 3rd quarter worth $28,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

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.