CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 5,096 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,096 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.43, for a total value of $1,826,559.28. Following the completion of the transaction, the insider now owns 84,618 shares in the company, valued at $30,329,629.74. This trade represents a 5.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Monday, March 24th, Shawn Henry sold 2,547 shares of CrowdStrike stock. The stock was sold at an average price of $365.96, for a total value of $932,100.12.
• On Monday, March 17th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $353.00, for a total transaction 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 stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00.

CrowdStrike Stock Performance

CrowdStrike stock opened at $371.41 on Thursday. The stock has a fifty day moving average price of $388.08 and a 200 day moving average price of $347.22. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The firm has a market capitalization of $92.06 billion, a P/E ratio of 728.27, a PEG ratio of 17.86 and a beta of 1.19.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Nicolet Advisory Services LLC grew its holdings in CrowdStrike by 38.4% in the third quarter. Nicolet Advisory Services LLC now owns 1,034 shares of the company’s stock valued at $293,000 after purchasing an additional 287 shares during the period. Great Valley Advisor Group Inc. grew its stake in shares of CrowdStrike by 184.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,091 shares of the company’s stock valued at $1,989,000 after buying an additional 4,595 shares during the period. Kingsview Wealth Management LLC increased its holdings in shares of CrowdStrike by 9.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 8,146 shares of the company’s stock worth $2,285,000 after buying an additional 684 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of CrowdStrike in the 3rd quarter worth $38,838,000. Finally, Fisher Asset Management LLC boosted its holdings in CrowdStrike by 17.9% in the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock valued at $626,000 after acquiring an additional 339 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Oppenheimer boosted their target price on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $440.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Bank of America upped their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Finally, Canaccord Genuity Group raised their price objective on shares of CrowdStrike from $370.00 to $420.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Two 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $400.26.

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.