Shawn Henry Sells 5,096 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,096 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.43, for a total value of $1,826,559.28. Following the completion of the transaction, the insider now directly owns 84,618 shares of the company’s stock, valued at $30,329,629.74. This represents a 5.68 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, March 24th, Shawn Henry sold 2,547 shares of CrowdStrike stock. The stock was sold at an average price of $365.96, for a total transaction of $932,100.12.
• On Monday, March 17th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00.
• On Tuesday, February 18th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00.
• On Wednesday, January 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $384.95 on Wednesday. The company has a market capitalization of $95.42 billion, a PE ratio of 754.82, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a 50-day simple moving average of $387.90 and a 200 day simple moving average of $347.04.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of recent analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $450.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Wedbush boosted their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Wells Fargo & Company boosted their target price on shares of CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. Finally, Robert W. Baird decreased their price target on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $400.26.

Institutional Investors Weigh In On CrowdStrike

Large investors have recently modified their holdings of the stock. Berbice Capital Management LLC bought a new position in CrowdStrike during the fourth quarter valued at $27,000. FPC Investment Advisory Inc. lifted its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares during the last quarter. Fortitude Family Office LLC grew its stake in shares of CrowdStrike by 112.8% during 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 during the period. Crowley Wealth Management Inc. purchased a new stake in CrowdStrike in the 4th quarter worth about $34,000. Finally, Luken Investment Analytics LLC bought a new stake in CrowdStrike in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

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.