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

CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Free Report) insider Shawn Henry sold 14,815 shares of the company’s stock in a transaction on 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 transaction, the insider now owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

CrowdStrike Trading Down 0.6 %

CRWD opened at $327.58 on Friday. CrowdStrike Holdings, Inc. has a 52-week low of $115.67 and a 52-week high of $365.00. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $79.23 billion, a P/E ratio of 909.97, a P/E/G ratio of 13.37 and a beta of 1.06. The firm’s 50 day moving average is $311.57 and its 200-day moving average is $242.30.

Analysts Set New Price Targets

A number of equities analysts have commented on CRWD shares. Royal Bank of Canada upped their price objective on shares of CrowdStrike from $357.00 to $420.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. DA Davidson upped their price target on shares of CrowdStrike from $285.00 to $425.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. HSBC upped their price target on shares of CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Truist Financial upped their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, JPMorgan Chase & Co. increased their price objective on shares of CrowdStrike from $350.00 to $371.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $373.29.

Read Our Latest Stock Analysis on CRWD

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds have recently added to or reduced their stakes in CRWD. Morgan Stanley boosted its holdings in CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock worth $832,516,000 after purchasing an additional 2,757,251 shares during the period. Norges Bank acquired a new position in CrowdStrike in the fourth quarter worth $683,336,000. Alliancebernstein L.P. boosted its holdings in CrowdStrike by 1,593.7% in the second quarter. Alliancebernstein L.P. now owns 2,643,904 shares of the company’s stock worth $388,310,000 after purchasing an additional 2,487,806 shares during the period. BlackRock Inc. boosted its holdings in CrowdStrike by 17.6% in the second quarter. BlackRock Inc. now owns 16,070,200 shares of the company’s stock worth $2,360,230,000 after purchasing an additional 2,401,659 shares during the period. Finally, Pathstone Holdings LLC acquired a new position in CrowdStrike in the fourth quarter worth $450,418,000. Institutional investors and hedge funds own 63.53% of the company’s stock.

CrowdStrike Company Profile

(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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