CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Michael Sentonas Sells 10,801 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the completion of the transaction, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $354.99 on Friday. The company has a market capitalization of $87.44 billion, a price-to-earnings ratio of 696.07, a PEG ratio of 19.48 and a beta of 1.11. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33. The stock has a fifty day simple moving average of $342.36 and a 200 day simple moving average of $316.22. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analyst Ratings Changes

Several equities analysts recently commented on CRWD shares. Bank of America upped their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Robert W. Baird increased their target price on shares of CrowdStrike from $375.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Jefferies Financial Group boosted their price target on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Royal Bank of Canada lowered their price objective on CrowdStrike from $370.00 to $365.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 27th. Finally, Wedbush set a $330.00 target price on CrowdStrike in a report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $364.25.

Institutional Investors Weigh In On CrowdStrike

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Garden State Investment Advisory Services LLC acquired a new position in shares of CrowdStrike in the third quarter worth approximately $446,000. Oddo BHF Asset Management Sas acquired a new position in shares of CrowdStrike in the 3rd quarter worth approximately $2,975,000. Tri Ri Asset Management Corp bought a new stake in shares of CrowdStrike in the 3rd quarter valued at $5,456,000. Peapack Gladstone Financial Corp acquired a new stake in shares of CrowdStrike during the third quarter worth $497,000. Finally, Tidal Investments LLC raised its stake in CrowdStrike by 7.5% during the third quarter. Tidal Investments LLC now owns 24,813 shares of the company’s stock worth $6,959,000 after buying an additional 1,740 shares during the last quarter. 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.