CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,802,680.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, January 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00.
• On Monday, December 23rd, Shawn Henry sold 5,505 shares of CrowdStrike stock. The stock was sold at an average price of $358.47, for a total transaction of $1,973,377.35.
• On Monday, December 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00.

CrowdStrike Trading Down 6.8 %

NASDAQ CRWD opened at $406.61 on Friday. The business’s fifty day moving average is $384.76 and its 200-day moving average is $329.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market capitalization of $100.15 billion, a price-to-earnings ratio of 797.30, a PEG ratio of 18.44 and a beta of 1.16. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

Institutional Trading of CrowdStrike

Hedge funds have recently added to or reduced their stakes in the stock. Putney Financial Group LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth approximately $1,009,000. Vermillion Wealth Management Inc. purchased a new stake in CrowdStrike in the fourth quarter worth $60,000. Mackenzie Financial Corp raised its stake in shares of CrowdStrike by 46.2% in the fourth quarter. Mackenzie Financial Corp now owns 60,226 shares of the company’s stock valued at $20,607,000 after buying an additional 19,041 shares during the period. Jupiter Wealth Management LLC purchased a new position in shares of CrowdStrike during the 4th quarter valued at $120,000. Finally, Warm Springs Advisors Inc. bought a new position in shares of CrowdStrike during the 4th quarter worth $1,879,000. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research analyst reports. Piper Sandler upped their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Barclays upped their price target on shares of CrowdStrike from $372.00 to $506.00 and gave the company an “overweight” rating in a research report on Friday. KeyCorp upped their price target on shares of CrowdStrike from $395.00 to $480.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Wells Fargo & Company upped their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Finally, Scotiabank upped their price target on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 21st. One equities research 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 issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $383.08.

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.