CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi Sells 7,880 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 7,880 shares of CrowdStrike stock in a transaction on Friday, February 7th. The shares were sold at an average price of $427.59, for a total transaction of $3,369,409.20. Following the completion of the sale, the director now owns 797,712 shares in the company, valued at approximately $341,093,674.08. This represents a 0.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

CrowdStrike Trading Up 0.6 %

NASDAQ:CRWD opened at $431.64 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The firm has a market cap of $106.32 billion, a P/E ratio of 846.37, a P/E/G ratio of 17.22 and a beta of 1.16. The firm has a 50-day simple moving average of $370.16 and a 200-day simple moving average of $317.93. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $434.78.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Scotiabank lifted their price objective on shares of CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 21st. Robert W. Baird reissued a “neutral” rating and issued a $430.00 price objective (up from $390.00) on shares of CrowdStrike in a research note on Monday, February 3rd. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a research note on Wednesday, November 27th. Morgan Stanley lifted their price objective on shares of CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $372.13.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike during the 4th quarter worth approximately $27,000. Oakworth Capital Inc. bought a new position in shares of CrowdStrike during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC raised 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 in the last quarter. FPC Investment Advisory Inc. raised its stake in shares of CrowdStrike by 811.1% during 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, Tsfg LLC raised its stake in shares of CrowdStrike by 593.3% during the 3rd 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. 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.