CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,656,630.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares in the company, valued at $42,629,875.72. This trade represents a 3.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, November 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00.
• On Tuesday, October 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $309.38, for a total value of $1,237,520.00.
• On Monday, September 23rd, Shawn Henry sold 5,500 shares of CrowdStrike stock. The stock was sold at an average price of $297.60, for a total transaction of $1,636,800.00.

CrowdStrike Price Performance

CRWD stock opened at $349.18 on Thursday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $86.01 billion, a price-to-earnings ratio of 684.68, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11. The business has a fifty day moving average of $335.33 and a two-hundred day moving average of $314.89.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CRWD shares. Wedbush set a $330.00 price objective on shares of CrowdStrike in a report on Thursday, October 17th. UBS Group lowered their price target on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. BMO Capital Markets lifted their price objective on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Piper Sandler upped their target price on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Finally, Rosenblatt Securities boosted their price target on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $358.63.

Institutional Trading of CrowdStrike

A number of hedge funds and other institutional investors have recently modified their holdings of CRWD. Garden State Investment Advisory Services LLC purchased a new stake in shares of CrowdStrike in the 3rd quarter valued at approximately $446,000. Oddo BHF Asset Management Sas purchased a new stake in CrowdStrike in the third quarter valued at approximately $2,975,000. Tri Ri Asset Management Corp acquired a new position in CrowdStrike during the third quarter worth $5,456,000. Peapack Gladstone Financial Corp purchased a new position in shares of CrowdStrike during the third quarter worth $497,000. Finally, Tidal Investments LLC grew its stake in shares of CrowdStrike by 7.5% in the third quarter. Tidal Investments LLC now owns 24,813 shares of the company’s stock valued at $6,959,000 after buying an additional 1,740 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

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.