CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have been given a consensus recommendation of “Moderate Buy” by the forty-three analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $364.25.

Several research analysts have commented on CRWD shares. BNP Paribas began coverage on shares of CrowdStrike in a report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price objective for the company. Evercore ISI increased their price target on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, November 25th. Oppenheimer lifted their price objective on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. CICC Research assumed coverage on CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 target price for the company. Finally, Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $342.16 on Friday. The firm has a market cap of $84.28 billion, a price-to-earnings ratio of 670.92, a P/E/G ratio of 19.48 and a beta of 1.11. The firm has a fifty day moving average price of $344.69 and a 200 day moving average price of $314.89. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insiders Place Their Bets

In related news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the transaction, the director now directly owns 821,766 shares of the company’s stock, valued at $263,277,391.08. This trade represents a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,351 shares of company stock worth $38,595,056. 4.34% of the stock is currently owned by company insiders.

Institutional Trading of CrowdStrike

Several hedge funds have recently modified their holdings of CRWD. Abich Financial Wealth Management LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter worth $25,000. Oakworth Capital Inc. purchased a new stake in CrowdStrike in the third quarter valued at about $28,000. Tsfg LLC boosted its holdings in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares in the last quarter. Castleview Partners LLC purchased a new stake in shares of CrowdStrike during the third quarter worth about $32,000. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of CrowdStrike during the second quarter valued at about $33,000. 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.