CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 4,500 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the completion of the sale, the insider now owns 89,714 shares in the company, valued at $31,669,042. This represents a 4.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Tuesday, February 18th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was 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.
• On Monday, December 23rd, Shawn Henry sold 5,505 shares of CrowdStrike stock. The stock was sold at an average price of $358.47, for a total value of $1,973,377.35.

CrowdStrike Price Performance

CRWD opened at $375.05 on Thursday. The business has a fifty day moving average of $386.06 and a 200 day moving average of $343.34. 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 $92.96 billion, a P/E ratio of 735.41, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Jefferies Financial Group dropped their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Stifel Nicolaus reduced their price objective on CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Oppenheimer boosted their price target on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, Citigroup reaffirmed a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $399.51.

Institutional Investors Weigh In On CrowdStrike

Several large investors have recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC raised its position in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. lifted its holdings in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $34,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

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.