Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sells 6,250 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total value of $2,577,437.50. Following the sale, the director now directly owns 805,592 shares of the company’s stock, valued at approximately $332,218,084.88. The trade was a 0.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

CrowdStrike Trading Up 0.3 %

Shares of NASDAQ CRWD opened at $421.59 on Friday. The stock has a market cap of $103.84 billion, a price-to-earnings ratio of 826.66, a P/E/G ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $431.33. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company’s fifty day moving average is $367.00 and its 200-day moving average is $314.86.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CRWD shares. The Goldman Sachs Group raised their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. Baird R W cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Needham & Company LLC raised their target price on CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. CICC Research started coverage on CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 price target for the company. Finally, Robert W. Baird restated a “neutral” rating and issued a $430.00 price objective (up from $390.00) on shares of CrowdStrike in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $370.00.

Institutional Investors Weigh In On CrowdStrike

Several large investors have recently modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the fourth quarter valued at approximately $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike in the 3rd quarter valued at about $28,000. Fortitude Family Office LLC lifted its holdings in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares in the last quarter. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after buying an additional 73 shares during the period. Finally, Tsfg LLC raised its position in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after buying an additional 89 shares during the last quarter. 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.