CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have been given an average rating of “Moderate Buy” by the forty-four research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, thirty have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $398.78.

Several brokerages have recently commented on CRWD. Morgan Stanley reaffirmed an “overweight” rating on shares of CrowdStrike in a research note on Monday, March 10th. BMO Capital Markets upped their price objective on shares of CrowdStrike from $380.00 to $405.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Jefferies Financial Group decreased their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Citigroup reissued a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target for the company. in a research note on Wednesday, November 27th.

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the sale, the director now owns 780,592 shares of the company’s stock, valued at $334,194,852.96. The trade was a 2.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares of the company’s stock, valued at approximately $31,669,042. The trade was a 4.78 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 100,315 shares of company stock valued at $38,319,124. Company insiders own 4.34% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

Hedge funds have recently modified their holdings of the business. Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of CrowdStrike during the 4th quarter valued at $27,016,000. Centaurus Financial Inc. lifted its stake in shares of CrowdStrike by 62.0% during the 4th quarter. Centaurus Financial Inc. now owns 3,153 shares of the company’s stock valued at $1,079,000 after buying an additional 1,207 shares in the last quarter. Wealthedge Investment Advisors LLC purchased a new position in shares of CrowdStrike during the 4th quarter valued at $858,000. Siemens Fonds Invest GmbH lifted its stake in shares of CrowdStrike by 37.3% during the 4th quarter. Siemens Fonds Invest GmbH now owns 6,967 shares of the company’s stock valued at $2,384,000 after buying an additional 1,893 shares in the last quarter. Finally, Park Square Financial Group LLC purchased a new position in shares of CrowdStrike during the 4th quarter valued at $151,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $364.83 on Thursday. The company has a 50-day simple moving average of $385.67 and a two-hundred day simple moving average of $342.51. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike has a 12-month low of $200.81 and a 12-month high of $455.59. The firm has a market cap of $89.86 billion, a price-to-earnings ratio of 715.37, a PEG ratio of 17.86 and a beta of 1.19.

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.