CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,636,800.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,500 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.60, for a total value of $1,636,800.00. Following the completion of the sale, the insider now directly owns 169,091 shares of the company’s stock, valued at $50,321,481.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, September 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00.
• On Thursday, August 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00.
• On Monday, July 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $371.32, for a total transaction of $1,485,280.00.

CrowdStrike Stock Performance

CrowdStrike stock opened at $285.86 on Friday. The business has a 50 day moving average of $259.63 and a 200-day moving average of $311.17. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. CrowdStrike Holdings, Inc. has a 1 year low of $160.86 and a 1 year high of $398.33. The company has a market capitalization of $69.57 billion, a P/E ratio of 539.36, a P/E/G ratio of 19.60 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07. The firm had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.06 earnings per share. On average, equities research analysts predict that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current year.

Analyst Ratings Changes

CRWD has been the subject of several research reports. Argus cut their price objective on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research report on Friday, August 30th. FBN Securities raised CrowdStrike to a “strong-buy” rating in a report on Wednesday, June 5th. Mizuho reduced their price target on CrowdStrike from $390.00 to $370.00 and set a “buy” rating for the company in a research note on Wednesday, June 5th. Robert W. Baird dropped their target price on CrowdStrike from $335.00 to $315.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Finally, Truist Financial reissued a “buy” rating and issued a $325.00 target price on shares of CrowdStrike in a research report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-three have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $326.50.

Institutional Trading of CrowdStrike

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of CrowdStrike by 2.0% during the first quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company’s stock worth $5,149,124,000 after buying an additional 315,280 shares during the period. First Trust Advisors LP boosted its position in CrowdStrike by 19.3% during the fourth quarter. First Trust Advisors LP now owns 2,214,715 shares of the company’s stock valued at $565,461,000 after acquiring an additional 358,945 shares during the last quarter. Legal & General Group Plc grew its holdings in CrowdStrike by 3.0% during the 2nd quarter. Legal & General Group Plc now owns 2,049,704 shares of the company’s stock worth $785,425,000 after acquiring an additional 60,607 shares during the period. Ameriprise Financial Inc. raised its position in shares of CrowdStrike by 4.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company’s stock worth $696,471,000 after acquiring an additional 77,100 shares in the last quarter. Finally, Pathstone Holdings LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at about $450,418,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.