Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,235,160.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the transaction, the insider now directly owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Thursday, March 21st, Shawn Henry sold 14,815 shares of CrowdStrike stock. The shares were sold at an average price of $325.85, for a total value of $4,827,467.75.

CrowdStrike Trading Down 3.9 %

Shares of CRWD opened at $282.64 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a 50 day simple moving average of $317.72 and a 200-day simple moving average of $263.70. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00. The stock has a market cap of $68.36 billion, a price-to-earnings ratio of 785.13, a price-to-earnings-growth ratio of 11.75 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The business had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. Equities analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

CRWD has been the subject of several analyst reports. Piper Sandler raised their price objective on CrowdStrike from $300.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. Jefferies Financial Group raised their price objective on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. HSBC raised their price objective on CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. TD Cowen raised their price objective on CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. Finally, KeyCorp lowered their price objective on CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. Based on data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $371.87.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CRWD. Coppell Advisory Solutions Corp. purchased a new position in shares of CrowdStrike during the 4th quarter worth approximately $25,000. CVA Family Office LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $26,000. Hexagon Capital Partners LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $26,000. Silver Oak Securities Incorporated purchased a new stake in CrowdStrike in the 3rd quarter worth approximately $27,000. Finally, Bear Mountain Capital Inc. purchased a new stake in CrowdStrike in the 4th quarter worth approximately $27,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

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.