Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sells 17,120 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the transaction, the director now directly owns 780,592 shares in the company, valued at $334,194,852.96. This trade represents a 2.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

CrowdStrike Price Performance

Shares of CRWD opened at $431.64 on Wednesday. The firm has a market capitalization of $106.32 billion, a price-to-earnings ratio of 846.37, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $434.78. The stock’s fifty day moving average is $370.16 and its 200-day moving average is $317.93.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CRWD shares. BMO Capital Markets boosted their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Needham & Company LLC boosted their price target on CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Oppenheimer boosted their price target on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Finally, Rosenblatt Securities boosted their price target on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $372.13.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter worth about $27,000. FPC Investment Advisory Inc. grew its holdings in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the period. Fortitude Family Office LLC grew its holdings in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Crowley Wealth Management Inc. acquired a new position in CrowdStrike during the fourth quarter worth about $34,000. Finally, Oakworth Capital Inc. acquired a new position in CrowdStrike during the third quarter worth about $28,000. 71.16% of the stock is owned by institutional investors and hedge funds.

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.