CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,361,760.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the sale, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Tuesday, October 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $309.38, for a total transaction of $1,237,520.00.
• On Monday, September 23rd, Shawn Henry sold 5,500 shares of CrowdStrike stock. The shares were sold at an average price of $297.60, for a total transaction of $1,636,800.00.
• On Monday, September 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00.

CrowdStrike Trading Down 2.2 %

NASDAQ CRWD opened at $336.75 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $82.55 billion, a price-to-earnings ratio of 488.04, a PEG ratio of 23.52 and a beta of 1.10. The firm has a 50 day simple moving average of $297.79 and a 200-day simple moving average of $310.13. CrowdStrike Holdings, Inc. has a one year low of $198.86 and a one year high of $398.33.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. The business had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.06 earnings per share. Equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current fiscal year.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds have recently bought and sold shares of CRWD. Quent Capital LLC raised its holdings in CrowdStrike by 59.9% in the first quarter. Quent Capital LLC now owns 235 shares of the company’s stock valued at $75,000 after acquiring an additional 88 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in shares of CrowdStrike by 2.6% during the first quarter. Kingsview Wealth Management LLC now owns 6,731 shares of the company’s stock worth $2,158,000 after purchasing an additional 169 shares in the last quarter. Nwam LLC increased its holdings in CrowdStrike by 5.5% in the first quarter. Nwam LLC now owns 2,470 shares of the company’s stock valued at $772,000 after buying an additional 128 shares during the last quarter. Banco Santander S.A. raised its stake in CrowdStrike by 61.5% in the first quarter. Banco Santander S.A. now owns 37,107 shares of the company’s stock valued at $11,896,000 after buying an additional 14,137 shares in the last quarter. Finally, First Foundation Advisors boosted its position in shares of CrowdStrike by 22.7% during the 1st quarter. First Foundation Advisors now owns 265 shares of the company’s stock worth $85,000 after acquiring an additional 49 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several recent analyst reports. Robert W. Baird reduced their price objective on shares of CrowdStrike from $335.00 to $315.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Guggenheim cut CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. JPMorgan Chase & Co. decreased their price target on CrowdStrike from $400.00 to $330.00 and set an “overweight” rating for the company in a research note on Monday, July 29th. Royal Bank of Canada cut their price objective on shares of CrowdStrike from $345.00 to $335.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Finally, Hsbc Global Res upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 30th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $328.74.

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.