CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi Sells 7,880 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 7,880 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $427.59, for a total transaction of $3,369,409.20. Following the sale, the director now directly owns 797,712 shares in the company, valued at approximately $341,093,674.08. This represents a 0.98 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $431.64 on Wednesday. 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’s 50-day moving average price is $370.16 and its 200-day moving average price is $317.93. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $434.78. The company has a market cap of $106.32 billion, a P/E ratio of 846.37, a P/E/G ratio of 17.22 and a beta of 1.16.

Hedge Funds Weigh In On CrowdStrike

A number of institutional investors have recently bought and sold shares of the company. Signature Estate & Investment Advisors LLC raised its stake in CrowdStrike by 1.9% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 59,828 shares of the company’s stock worth $20,471,000 after purchasing an additional 1,100 shares during the period. TIAA Trust National Association increased its position in shares of CrowdStrike by 2.7% during the fourth quarter. TIAA Trust National Association now owns 96,562 shares of the company’s stock valued at $33,040,000 after acquiring an additional 2,584 shares during the last quarter. FineMark National Bank & Trust increased its position in shares of CrowdStrike by 27.9% during the fourth quarter. FineMark National Bank & Trust now owns 2,278 shares of the company’s stock valued at $779,000 after acquiring an additional 497 shares during the last quarter. Princeton Capital Management LLC increased its position in shares of CrowdStrike by 1.9% during the fourth quarter. Princeton Capital Management LLC now owns 35,889 shares of the company’s stock valued at $12,280,000 after acquiring an additional 663 shares during the last quarter. Finally, EFG Asset Management North America Corp. increased its position in shares of CrowdStrike by 8.8% during the fourth quarter. EFG Asset Management North America Corp. now owns 8,382 shares of the company’s stock valued at $2,867,000 after acquiring an additional 681 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Wedbush set a $330.00 target price on shares of CrowdStrike in a research report on Thursday, October 17th. Barclays boosted their target price on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Morgan Stanley upped their price objective on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. JMP Securities reaffirmed a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. Finally, HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $372.13.

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.