Sameer K. Gandhi Sells 6,250 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares of the company’s stock, valued at $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

CrowdStrike Stock Up 3.4 %

Shares of NASDAQ CRWD traded up $11.68 during mid-day trading on Friday, reaching $359.02. The company had a trading volume of 2,660,567 shares, compared to its average volume of 2,688,634. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market capitalization of $88.43 billion, a price-to-earnings ratio of 703.97, a PEG ratio of 19.48 and a beta of 1.11. The stock has a fifty day moving average of $345.55 and a two-hundred day moving average of $315.11. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several analyst reports. BNP Paribas assumed coverage on CrowdStrike in a research report on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 target price on the stock. Wedbush set a $330.00 price objective on shares of CrowdStrike in a report on Thursday, October 17th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. The Goldman Sachs Group upped their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. Finally, DA Davidson reiterated a “buy” rating and set a $310.00 price objective on shares of CrowdStrike in a research note on Wednesday, September 18th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $365.63.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Beacon Financial Advisory LLC bought a new stake in shares of CrowdStrike in the 3rd quarter valued at approximately $955,000. Sumitomo Mitsui Trust Group Inc. grew its position in CrowdStrike by 10.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after acquiring an additional 78,305 shares in the last quarter. Doliver Advisors LP increased its stake in shares of CrowdStrike by 223.2% during the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after purchasing an additional 4,664 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in shares of CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after purchasing an additional 2,863 shares in the last quarter. Finally, Hemenway Trust Co LLC lifted its stake in shares of CrowdStrike by 356.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after purchasing an additional 5,352 shares during the last quarter. Hedge funds and other institutional investors 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.