CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 4,000 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the sale, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, October 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $309.38, for a total value of $1,237,520.00.
• On Monday, September 23rd, Shawn Henry sold 5,500 shares of CrowdStrike stock. The stock was sold at an average price of $297.60, for a total value of $1,636,800.00.
• On Monday, September 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $336.75 on Friday. The stock has a 50 day moving average price of $297.79 and a 200-day moving average price of $310.13. CrowdStrike Holdings, Inc. has a one year low of $198.86 and a one year high of $398.33. The stock has a market cap of $82.55 billion, a price-to-earnings ratio of 488.04, a price-to-earnings-growth ratio of 23.52 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. The firm had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business’s revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the business earned $0.06 EPS. Equities analysts expect that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CRWD. Royal Bank of Canada dropped their price target on shares of CrowdStrike from $345.00 to $335.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Morgan Stanley restated an “overweight” rating and issued a $325.00 target price on shares of CrowdStrike in a report on Monday, September 9th. Wedbush set a $330.00 price target on CrowdStrike in a report on Thursday, October 17th. Raymond James cut their price objective on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Finally, UBS Group lowered their target price on CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $328.74.

Institutional Investors Weigh In On CrowdStrike

A number of institutional investors and hedge funds have recently modified their holdings of the business. Quent Capital LLC lifted its position in shares of CrowdStrike by 59.9% during the first quarter. Quent Capital LLC now owns 235 shares of the company’s stock worth $75,000 after purchasing an additional 88 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in CrowdStrike by 2.6% in the 1st quarter. Kingsview Wealth Management LLC now owns 6,731 shares of the company’s stock valued at $2,158,000 after buying an additional 169 shares during the period. Nwam LLC grew its stake in CrowdStrike by 5.5% in the 1st quarter. Nwam LLC now owns 2,470 shares of the company’s stock worth $772,000 after acquiring an additional 128 shares in the last quarter. Banco Santander S.A. increased its position in shares of CrowdStrike by 61.5% during the first quarter. Banco Santander S.A. now owns 37,107 shares of the company’s stock worth $11,896,000 after acquiring an additional 14,137 shares during the period. Finally, First Foundation Advisors raised its stake in shares of CrowdStrike by 22.7% during the first quarter. First Foundation Advisors now owns 265 shares of the company’s stock valued at $85,000 after acquiring an additional 49 shares in the last quarter. 71.16% of the stock is owned by 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.