Shawn Henry Sells 14,815 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Free Report) insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the completion of the sale, the insider now directly owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $327.58 on Friday. The stock has a market cap of $79.23 billion, a PE ratio of 909.97, a price-to-earnings-growth ratio of 13.37 and a beta of 1.06. The business has a fifty day simple moving average of $312.45 and a 200-day simple moving average of $243.45. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00.

Institutional Trading of CrowdStrike

Several hedge funds and other institutional investors have recently modified their holdings of CRWD. CVA Family Office LLC purchased a new stake in shares of CrowdStrike during the fourth quarter worth $26,000. Hexagon Capital Partners LLC purchased a new stake in shares of CrowdStrike during the fourth quarter worth $26,000. Bear Mountain Capital Inc. purchased a new stake in shares of CrowdStrike during the fourth quarter worth $27,000. Hobbs Group Advisors LLC purchased a new stake in shares of CrowdStrike during the fourth quarter worth $28,000. Finally, Johnson Financial Group Inc. bought a new position in CrowdStrike during the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 63.53% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $400.00 price target on shares of CrowdStrike in a report on Thursday, March 14th. Morgan Stanley lifted their price target on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. BTIG Research lifted their price target on shares of CrowdStrike from $322.00 to $432.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Needham & Company LLC lifted their price target on shares of CrowdStrike from $325.00 to $350.00 and gave the company a “buy” rating in a report on Monday, March 4th. Finally, Stifel Nicolaus boosted their target price on shares of CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $373.29.

Read Our Latest Research Report on CRWD

About CrowdStrike

(Get Free Report)

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.

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Insider Buying and Selling by Quarter for CrowdStrike (NASDAQ:CRWD)

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