CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi Sells 15,000 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 15,000 shares of the company’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $380.21, for a total transaction of $5,703,150.00. Following the sale, the director now directly owns 824,234 shares in the company, valued at approximately $313,382,009.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $385.05 on Wednesday. CrowdStrike Holdings, Inc. has a one year low of $139.37 and a one year high of $394.64. The company has a market capitalization of $93.71 billion, a PE ratio of 726.52, a P/E/G ratio of 19.31 and a beta of 1.10. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.80 and a current ratio of 1.80. The company has a 50-day simple moving average of $343.61 and a two-hundred day simple moving average of $315.35.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Tuesday, June 4th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). CrowdStrike had a net margin of 4.01% and a return on equity of 7.39%. The firm had revenue of $921.04 million during the quarter, compared to analyst estimates of $904.82 million. Research analysts expect that CrowdStrike Holdings, Inc. will post 0.9 EPS for the current fiscal year.

Analysts Set New Price Targets

CRWD has been the topic of several recent research reports. Scotiabank decreased their target price on shares of CrowdStrike from $400.00 to $393.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, June 5th. Wedbush decreased their price objective on CrowdStrike from $390.00 to $385.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 5th. Truist Financial lifted their target price on CrowdStrike from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. KeyCorp increased their price target on CrowdStrike from $380.00 to $440.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Susquehanna lifted their price objective on shares of CrowdStrike from $330.00 to $410.00 and gave the stock a “positive” rating in a research note on Thursday, March 7th. Two analysts have rated the stock with a hold rating, thirty-six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $382.35.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CVA Family Office LLC purchased a new stake in shares of CrowdStrike during the fourth quarter worth about $26,000. Hexagon Capital Partners LLC purchased a new position in shares of CrowdStrike in the fourth quarter worth $26,000. Silver Oak Securities Incorporated acquired a new stake in shares of CrowdStrike during the third quarter worth $27,000. Bear Mountain Capital Inc. purchased a new stake in shares of CrowdStrike during the fourth quarter valued at $27,000. Finally, Trivant Custom Portfolio Group LLC acquired a new position in shares of CrowdStrike in the 1st quarter valued at $30,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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.