CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 2,547 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 2,547 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $365.96, for a total value of $932,100.12. Following the transaction, the insider now directly owns 82,071 shares in the company, valued at $30,034,703.16. This trade represents a 3.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Friday, March 21st, Shawn Henry sold 5,096 shares of CrowdStrike stock. The shares were sold at an average price of $358.43, for a total value of $1,826,559.28.
• On Monday, March 17th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was 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 stock was 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 shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00.

CrowdStrike Stock Up 3.3 %

Shares of CRWD stock traded up $12.31 during mid-day trading on Tuesday, hitting $384.95. The company’s stock had a trading volume of 4,255,664 shares, compared to its average volume of 4,778,697. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The stock has a market cap of $95.42 billion, a price-to-earnings ratio of 754.82, a PEG ratio of 17.86 and a beta of 1.19. The business has a 50-day moving average price of $387.90 and a 200 day moving average price of $347.04.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CRWD. Rosenblatt Securities restated a “buy” rating and issued a $450.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Robert W. Baird reduced their price target on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a report on Wednesday, March 5th. Wedbush upped their price target on CrowdStrike from $390.00 to $395.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Truist Financial lifted their price objective on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. Finally, Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $400.26.

Hedge Funds Weigh In On CrowdStrike

Hedge funds have recently bought and sold shares of the business. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike in the fourth quarter worth approximately $27,000. FPC Investment Advisory Inc. boosted its holdings in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after purchasing an additional 73 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Crowley Wealth Management Inc. bought a new stake in CrowdStrike in the 4th quarter worth approximately $34,000. Finally, Luken Investment Analytics LLC purchased a new stake in CrowdStrike during the 4th quarter valued at $34,000. Hedge funds and other institutional investors 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.