CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 5,096 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,096 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.43, for a total transaction of $1,826,559.28. Following the completion of the sale, the insider now directly owns 84,618 shares in the company, valued at approximately $30,329,629.74. This represents a 5.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Monday, March 24th, Shawn Henry sold 2,547 shares of CrowdStrike stock. The stock was sold at an average price of $365.96, for a total transaction of $932,100.12.
• On Monday, March 17th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00.
• On Tuesday, February 18th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00.
• On Wednesday, January 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00.

CrowdStrike Trading Up 3.3 %

CRWD stock traded up $12.31 during trading on Tuesday, hitting $384.95. 4,255,664 shares of the company traded hands, compared to its average volume of 4,778,697. 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 50-day moving average of $387.90 and a 200-day moving average of $347.04. The firm has a market capitalization of $95.42 billion, a PE ratio of 754.82, a P/E/G ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59.

Institutional Trading of CrowdStrike

Institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new stake in CrowdStrike during the 4th quarter valued at $1,111,542,000. Pathstone Holdings LLC increased its position in shares of CrowdStrike by 379.0% in the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company’s stock valued at $440,116,000 after acquiring an additional 1,017,678 shares during the period. Raymond James Financial Inc. bought a new position in shares of CrowdStrike during the fourth quarter valued at about $237,375,000. Voya Investment Management LLC raised its stake in shares of CrowdStrike by 43.5% during the fourth quarter. Voya Investment Management LLC now owns 1,920,901 shares of the company’s stock valued at $657,106,000 after acquiring an additional 582,471 shares during the last quarter. Finally, Amundi grew its stake in shares of CrowdStrike by 41.9% in the fourth quarter. Amundi now owns 1,382,952 shares of the company’s stock worth $496,093,000 after purchasing an additional 408,190 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a report on Wednesday, March 5th. KeyCorp dropped their price target on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 5th. Rosenblatt Securities reissued a “buy” rating and set a $450.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. BMO Capital Markets raised their price target on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Finally, DA Davidson lifted their price target on CrowdStrike from $395.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $400.26.

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.