CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,419,640.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, December 23rd, Shawn Henry sold 5,505 shares of CrowdStrike stock. The shares were sold at an average price of $358.47, for a total transaction of $1,973,377.35.
• On Monday, December 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00.
• On Friday, November 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00.

CrowdStrike Price Performance

Shares of CRWD traded up $1.36 during mid-day trading on Thursday, hitting $363.38. The company’s stock had a trading volume of 2,436,455 shares, compared to its average volume of 2,749,913. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The stock has a market capitalization of $89.50 billion, a price-to-earnings ratio of 712.52, a PEG ratio of 18.55 and a beta of 1.14. The firm has a 50-day moving average price of $354.67 and a 200 day moving average price of $312.81. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CRWD shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 price objective on shares of CrowdStrike in a report on Monday, September 30th. Royal Bank of Canada increased their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. DA Davidson reissued a “buy” rating and set a $310.00 price objective on shares of CrowdStrike in a report on Wednesday, September 18th. Stifel Nicolaus increased their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Finally, Bank of America raised their price objective on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $365.88.

Institutional Investors Weigh In On CrowdStrike

Institutional investors and hedge funds have recently modified their holdings of the stock. Jennison Associates LLC raised its position in shares of CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after purchasing an additional 1,013,161 shares during the period. International Assets Investment Management LLC lifted its stake in CrowdStrike by 17,926.3% during the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after buying an additional 920,695 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of CrowdStrike by 1,655.9% in the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after buying an additional 712,900 shares during the period. Assenagon Asset Management S.A. increased its position in shares of CrowdStrike by 248.6% in the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock worth $146,180,000 after acquiring an additional 371,695 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of CrowdStrike by 2.9% during the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after acquiring an additional 275,717 shares during the period. 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.