CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,237,520.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the completion of the transaction, the insider now directly owns 124,298 shares of the company’s stock, valued at $38,455,315.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shawn Henry also recently made the following trade(s):

• On Monday, September 23rd, Shawn Henry sold 5,500 shares of CrowdStrike stock. The shares were sold at an average price of $297.60, for a total value of $1,636,800.00.
• On Monday, September 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00.
• On Thursday, August 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00.

CrowdStrike Trading Up 1.3 %

Shares of NASDAQ:CRWD opened at $306.24 on Thursday. The firm has a market capitalization of $74.53 billion, a price-to-earnings ratio of 577.81, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10. The business’s 50 day moving average price is $273.47 and its 200-day moving average price is $308.41. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. CrowdStrike Holdings, Inc. has a 1 year low of $170.17 and a 1 year high of $398.33.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business had revenue of $963.87 million for the quarter, compared to analyst estimates of $958.27 million. During the same quarter last year, the business earned $0.06 earnings per share. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. On average, equities research analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CrowdStrike

Several large investors have recently bought and sold shares of CRWD. V Square Quantitative Management LLC acquired a new position in CrowdStrike in the 4th quarter valued at $101,000. Integrated Advisors Network LLC purchased a new position in shares of CrowdStrike in the fourth quarter worth about $431,000. EP Wealth Advisors LLC boosted its position in CrowdStrike by 45.8% during the fourth quarter. EP Wealth Advisors LLC now owns 3,225 shares of the company’s stock worth $823,000 after acquiring an additional 1,013 shares during the last quarter. American International Group Inc. grew its stake in CrowdStrike by 1.9% during the 4th quarter. American International Group Inc. now owns 19,431 shares of the company’s stock valued at $4,961,000 after acquiring an additional 369 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in CrowdStrike by 5,452.5% in the 4th quarter. Wellington Management Group LLP now owns 144,532 shares of the company’s stock valued at $36,902,000 after acquiring an additional 141,929 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CRWD. UBS Group cut their price objective on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. The Goldman Sachs Group reduced their price target on CrowdStrike from $400.00 to $295.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. Rosenblatt Securities reiterated a “buy” rating and set a $325.00 price objective on shares of CrowdStrike in a report on Thursday, September 19th. Canaccord Genuity Group restated a “buy” rating and set a $330.00 target price on shares of CrowdStrike in a research note on Monday, September 30th. Finally, Truist Financial reiterated a “buy” rating and issued a $325.00 price target on shares of CrowdStrike in a research note on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-three have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $325.44.

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.