CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,723,185.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $382.93, for a total value of $1,723,185.00. Following the completion of the sale, the insider now owns 200,672 shares of the company’s stock, valued at $76,843,328.96. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Wednesday, May 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $333.52, for a total value of $1,334,080.00.
• On Monday, April 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00.
• On Thursday, March 21st, Shawn Henry sold 14,815 shares of CrowdStrike stock. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $389.51 on Wednesday. The business has a 50 day simple moving average of $328.36 and a two-hundred day simple moving average of $306.46. CrowdStrike Holdings, Inc. has a 12 month low of $139.37 and a 12 month high of $394.64. The stock has a market capitalization of $94.79 billion, a P/E ratio of 734.94, a PEG ratio of 19.26 and a beta of 1.08. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80.

Institutional Investors Weigh In On CrowdStrike

Several hedge funds and other institutional investors have recently made changes to their positions in CRWD. Aviva PLC increased its holdings in shares of CrowdStrike by 470.6% in the third quarter. Aviva PLC now owns 46,764 shares of the company’s stock valued at $7,827,000 after purchasing an additional 38,569 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in shares of CrowdStrike by 12.8% in the third quarter. Kestra Advisory Services LLC now owns 33,466 shares of the company’s stock valued at $5,602,000 after purchasing an additional 3,786 shares during the last quarter. Rafferty Asset Management LLC increased its holdings in shares of CrowdStrike by 6.4% in the third quarter. Rafferty Asset Management LLC now owns 57,345 shares of the company’s stock valued at $9,598,000 after purchasing an additional 3,459 shares during the last quarter. Korea Investment CORP increased its holdings in shares of CrowdStrike by 4.0% in the third quarter. Korea Investment CORP now owns 120,261 shares of the company’s stock valued at $20,129,000 after purchasing an additional 4,630 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $6,090,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wells Fargo & Company boosted their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “overweight” rating in a research report on Monday, March 4th. HSBC boosted their price target on CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Citigroup boosted their price target on CrowdStrike from $320.00 to $425.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Robert W. Baird boosted their price target on CrowdStrike from $281.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Finally, Rosenblatt Securities upped their target price on CrowdStrike from $415.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, June 5th. One investment analyst has rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $380.62.

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.