CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha Sells 540 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 540 shares of CrowdStrike stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of $384.26, for a total transaction of $207,500.40. Following the sale, the chief accounting officer now owns 37,661 shares of the company’s stock, valued at approximately $14,471,615.86. The trade was a 1.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Anurag Saha also recently made the following trade(s):

• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82.
• On Monday, December 23rd, Anurag Saha sold 1,863 shares of CrowdStrike stock. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98.

CrowdStrike Trading Up 0.8 %

CrowdStrike stock opened at $455.18 on Wednesday. The firm has a 50 day moving average of $378.67 and a 200 day moving average of $325.10. The firm has a market capitalization of $112.12 billion, a price-to-earnings ratio of 892.53, a P/E/G ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.44. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On CrowdStrike

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $27,000. Oakworth Capital Inc. purchased a new stake in CrowdStrike in the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC increased its holdings in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. increased its holdings in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Finally, Castleview Partners LLC bought a new position in CrowdStrike in the 3rd quarter worth approximately $32,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on CRWD. JMP Securities reissued a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. Jefferies Financial Group lifted their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. The Goldman Sachs Group lifted their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. Finally, Royal Bank of Canada lifted their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. One 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $376.00.

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.