CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Given Average Recommendation of “Moderate Buy” by Brokerages

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has earned a consensus rating of “Moderate Buy” from the forty-four research firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, thirty have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $400.88.

Several equities analysts have recently weighed in on the company. Needham & Company LLC restated a “buy” rating and issued a $420.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Royal Bank of Canada restated an “outperform” rating on shares of CrowdStrike in a report on Wednesday, March 5th. JPMorgan Chase & Co. upped their target price on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. DA Davidson raised their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Finally, Stephens started coverage on shares of CrowdStrike in a research note on Tuesday, April 1st. They set an “overweight” rating and a $450.00 price objective for the company.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Friday, April 4th. The shares were sold at an average price of $324.16, for a total value of $2,026,000.00. Following the transaction, the director now directly owns 768,092 shares of the company’s stock, valued at $248,984,702.72. This trade represents a 0.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now directly owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 120,801 shares of company stock valued at $45,553,642 over the last quarter. 4.34% of the stock is owned by insiders.

Institutional Trading of CrowdStrike

A number of hedge funds and other institutional investors have recently made changes to their positions in CRWD. AAFMAA Wealth Management & Trust LLC grew its stake in CrowdStrike by 252.7% during the 1st quarter. AAFMAA Wealth Management & Trust LLC now owns 2,850 shares of the company’s stock worth $1,005,000 after buying an additional 2,042 shares during the last quarter. Gateway Investment Advisers LLC boosted its holdings in shares of CrowdStrike by 0.4% in the first quarter. Gateway Investment Advisers LLC now owns 35,891 shares of the company’s stock valued at $12,654,000 after acquiring an additional 141 shares during the period. Seneca House Advisors grew its position in shares of CrowdStrike by 9.1% during the first quarter. Seneca House Advisors now owns 1,408 shares of the company’s stock worth $496,000 after acquiring an additional 118 shares during the last quarter. Blue Zone Wealth Advisors LLC raised its position in CrowdStrike by 0.4% in the 1st quarter. Blue Zone Wealth Advisors LLC now owns 18,304 shares of the company’s stock valued at $6,454,000 after purchasing an additional 71 shares during the last quarter. Finally, City State Bank boosted its stake in CrowdStrike by 6.2% during the 1st quarter. City State Bank now owns 1,983 shares of the company’s stock worth $699,000 after purchasing an additional 115 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Up 2.5 %

CRWD opened at $377.90 on Monday. The company has a market cap of $93.67 billion, a PE ratio of 740.99, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. CrowdStrike has a twelve month low of $200.81 and a twelve month high of $455.59. The company has a 50-day moving average price of $380.13 and a 200 day moving average price of $354.82. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.