Anurag Saha Sells 540 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 540 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $384.26, for a total value of $207,500.40. Following the sale, the chief accounting officer now owns 37,661 shares of the company’s stock, valued at $14,471,615.86. This represents a 1.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Anurag Saha also recently made the following trade(s):

• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82.
• On Monday, December 23rd, Anurag Saha sold 1,863 shares of CrowdStrike stock. The stock was sold at an average price of $358.46, for a total value of $667,810.98.

CrowdStrike Price Performance

Shares of NASDAQ CRWD traded up $3.44 during mid-day trading on Tuesday, reaching $455.18. 2,747,845 shares of the company traded hands, compared to its average volume of 3,124,793. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market cap of $112.12 billion, a PE ratio of 892.53, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.44. The stock has a fifty day simple moving average of $378.67 and a 200-day simple moving average of $325.10.

Wall Street Analyst Weigh In

A number of research firms recently commented on CRWD. Evercore ISI lifted their price target on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Bank of America lifted their price target on CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Hsbc Global Res downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Royal Bank of Canada lifted their price target on CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Finally, Wells Fargo & Company raised their target price on shares of CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $376.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike in the fourth quarter worth approximately $27,000. Oakworth Capital Inc. acquired a new position in CrowdStrike in the third quarter worth approximately $28,000. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares during the last quarter. FPC Investment Advisory Inc. grew its position 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 during the last quarter. Finally, Castleview Partners LLC acquired a new position in CrowdStrike in the third quarter worth approximately $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.