CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Sells $1,041,140.82 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 2,858 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the sale, the chief accounting officer now owns 38,201 shares of the company’s stock, valued at $13,916,242.29. This trade represents a 6.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Monday, December 23rd, Anurag Saha sold 1,863 shares of CrowdStrike stock. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98.

CrowdStrike Trading Down 2.8 %

CRWD stock opened at $354.99 on Friday. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The company has a market capitalization of $87.44 billion, a PE ratio of 696.07, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11. The company’s 50 day moving average price is $342.36 and its two-hundred day moving average price is $315.74. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Hedge Funds Weigh In On CrowdStrike

A number of large investors have recently added to or reduced their stakes in CRWD. Abich Financial Wealth Management LLC purchased a new position in shares of CrowdStrike in the second quarter worth about $25,000. Oakworth Capital Inc. purchased a new position in CrowdStrike in the 3rd quarter worth approximately $28,000. Tsfg LLC increased its stake in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the period. Castleview Partners LLC bought a new stake in CrowdStrike in the third quarter valued at approximately $32,000. Finally, Itau Unibanco Holding S.A. bought a new position in shares of CrowdStrike in the second quarter worth approximately $33,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Rosenblatt Securities increased their price objective on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. Hsbc Global Res downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Truist Financial boosted their price objective on CrowdStrike from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Monday, November 18th. Morgan Stanley increased their target price on shares of CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Finally, Bank of America upped their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $364.25.

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.