CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Sells $796,002.39 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 2,141 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $371.79, for a total transaction of $796,002.39. Following the completion of the transaction, the chief accounting officer now directly owns 34,024 shares in the company, valued at approximately $12,649,782.96. This represents a 5.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Anurag Saha also recently made the following trade(s):

• On Friday, March 21st, Anurag Saha sold 1,496 shares of CrowdStrike stock. The shares were sold at an average price of $358.62, for a total value of $536,495.52.
• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $12.31 during midday trading on Tuesday, hitting $384.95. 4,255,664 shares of the company’s stock were exchanged, compared to its average volume of 4,778,697. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market cap of $95.42 billion, a P/E ratio of 754.82, a PEG ratio of 17.86 and a beta of 1.19. The stock’s 50 day moving average price is $387.90 and its 200-day moving average price is $347.04.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several analyst reports. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Bank of America upped their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, February 26th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Piper Sandler set a $347.00 price target on CrowdStrike in a report on Wednesday, March 5th. Finally, Wells Fargo & Company lifted their price objective on CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus target price of $400.26.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter valued at about $27,000. FPC Investment Advisory Inc. increased its stake in CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares during the period. Fortitude Family Office LLC increased its stake in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. Crowley Wealth Management Inc. bought a new stake in shares of CrowdStrike during the 4th quarter worth about $34,000. Finally, Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the 4th quarter worth approximately $34,000. Institutional investors and hedge funds 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.