CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,826,559.28 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,096 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.43, for a total value of $1,826,559.28. Following the completion of the sale, the insider now owns 84,618 shares of the company’s stock, valued at $30,329,629.74. This trade represents a 5.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 value 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 shares were sold at an average price of $450.67, for a total transaction 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 transaction of $1,419,640.00.

CrowdStrike Price Performance

NASDAQ CRWD opened at $366.56 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a fifty day simple moving average of $388.15 and a 200 day simple moving average of $347.35. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market cap of $90.86 billion, a P/E ratio of 718.76, a P/E/G ratio of 17.86 and a beta of 1.19.

Analyst Ratings Changes

A number of brokerages recently weighed in on CRWD. The Goldman Sachs Group restated a “buy” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Jefferies Financial Group reduced their price objective on CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $440.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Bank of America boosted their price objective on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. 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 issued a strong buy rating to the stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $400.26.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds have recently bought and sold shares of the company. Fire Capital Management LLC bought a new position in shares of CrowdStrike in the fourth quarter worth about $488,000. Mascagni Wealth Management Inc. acquired a new stake in CrowdStrike in the 4th quarter valued at approximately $159,000. 111 Capital bought a new position in CrowdStrike in the 4th quarter worth approximately $764,000. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $27,016,000. Finally, Centaurus Financial Inc. boosted its position in shares of CrowdStrike by 62.0% in the fourth quarter. Centaurus Financial Inc. now owns 3,153 shares of the company’s stock valued at $1,079,000 after acquiring an additional 1,207 shares during the period. 71.16% of the stock is currently owned by institutional investors.

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.