Needham & Company LLC started coverage on shares of Crowdstrike (NASDAQ:CRWD) in a research note issued to investors on Monday morning, BenzingaRatingsTable reports. The firm issued a buy rating and a $80.00 target price on the stock.
NASDAQ CRWD traded down $3.46 during trading on Monday, reaching $70.88. The company’s stock had a trading volume of 2,229,547 shares, compared to its average volume of 3,180,047. Crowdstrike has a 1-year low of $56.00 and a 1-year high of $79.79.
In other news, major shareholder Capitalg Lp purchased 140,000 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were bought at an average price of $34.00 per share, with a total value of $4,760,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi purchased 650,000 shares of the company’s stock in a transaction dated Friday, June 14th. The stock was purchased at an average cost of $34.00 per share, for a total transaction of $22,100,000.00. The disclosure for this purchase can be found here.
Featured Article: Real Estate Investment Trust (REIT) ETF
Receive News & Ratings for Crowdstrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crowdstrike and related companies with MarketBeat.com's FREE daily email newsletter.