CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Michael Sentonas Sells 13,543 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Michael Sentonas sold 13,543 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $4,856,790.66. Following the completion of the transaction, the president now directly owns 405,308 shares of the company’s stock, valued at approximately $145,351,554.96. This represents a 3.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

CrowdStrike Price Performance

Shares of NASDAQ CRWD traded up $12.31 during mid-day trading on Tuesday, reaching $384.95. 4,255,664 shares of the company were exchanged, compared to its average volume of 4,778,697. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The company’s 50 day moving average price is $387.90 and its 200 day moving average price is $347.04. The stock has a market capitalization of $95.42 billion, a PE ratio of 754.82, a PEG ratio of 17.86 and a beta of 1.19. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On CrowdStrike

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CRWD shares. Piper Sandler set a $347.00 price objective on CrowdStrike in a research report on Wednesday, March 5th. Royal Bank of Canada reissued an “outperform” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Robert W. Baird decreased their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a report on Wednesday, March 5th. Citigroup reaffirmed a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $400.26.

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.