CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Michael Sentonas Sells 25,000 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Michael Sentonas sold 25,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $477.00, for a total value of $11,925,000.00. Following the sale, the president now directly owns 422,204 shares in the company, valued at approximately $201,391,308. The trade was a 5.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Michael Sentonas also recently made the following trade(s):

• On Friday, March 21st, Michael Sentonas sold 13,543 shares of CrowdStrike stock. The shares were sold at an average price of $358.62, for a total value of $4,856,790.66.

CrowdStrike Price Performance

Shares of CRWD opened at $476.98 on Thursday. The firm has a market cap of $118.23 billion, a PE ratio of 935.27, a P/E/G ratio of 17.86 and a beta of 1.16. 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 firm has a fifty day simple moving average of $422.55 and a two-hundred day simple moving average of $390.29. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $491.20.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.07. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. The company’s revenue for the quarter was up 19.8% compared to the same quarter last year. On average, equities analysts anticipate that CrowdStrike Holdings, Inc. will post 0.55 EPS for the current year.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds have recently modified their holdings of the business. FSA Wealth Management LLC grew its position in shares of CrowdStrike by 11.2% during the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company’s stock valued at $78,000 after acquiring an additional 23 shares during the period. Jacobi Capital Management LLC grew its position in shares of CrowdStrike by 1.9% during the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after acquiring an additional 25 shares during the period. Tradewinds Capital Management LLC grew its position in shares of CrowdStrike by 20.8% during the 1st quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after acquiring an additional 25 shares during the period. Close Asset Management Ltd grew its position in shares of CrowdStrike by 23.8% during the 1st quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock valued at $46,000 after acquiring an additional 25 shares during the period. Finally, Ramirez Asset Management Inc. grew its position in shares of CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock valued at $159,000 after acquiring an additional 25 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on CRWD. Barclays set a $500.00 price objective on CrowdStrike in a research report on Tuesday, June 3rd. Scotiabank lifted their target price on shares of CrowdStrike from $370.00 to $480.00 and gave the company a “sector perform” rating in a report on Wednesday, June 4th. DZ Bank lowered shares of CrowdStrike from a “strong-buy” rating to a “strong sell” rating and set a $370.00 target price for the company. in a report on Thursday, May 22nd. Evercore ISI reiterated an “in-line” rating and set a $440.00 target price (down from $450.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Finally, Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $453.17.

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.