Sameer K. Gandhi Sells 7,880 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 7,880 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $427.59, for a total value of $3,369,409.20. Following the completion of the transaction, the director now owns 797,712 shares of the company’s stock, valued at $341,093,674.08. The trade was a 0.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

CrowdStrike Stock Up 0.6 %

Shares of CRWD stock traded up $2.72 on Tuesday, hitting $431.64. The stock had a trading volume of 2,321,899 shares, compared to its average volume of 3,169,684. 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 Holdings, Inc. has a one year low of $200.81 and a one year high of $434.78. The business has a 50 day moving average price of $370.16 and a 200 day moving average price of $317.93. The company has a market cap of $106.32 billion, a PE ratio of 846.37, a P/E/G ratio of 17.22 and a beta of 1.16.

Analysts Set New Price Targets

CRWD has been the subject of a number of research reports. Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. lifted their target price on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Oppenheimer increased their price target on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Royal Bank of Canada lifted their price objective on CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $372.13.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike during the 4th quarter valued at about $27,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike during the third quarter worth about $28,000. Fortitude Family Office LLC increased its holdings in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. raised its position in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares during the last quarter. Finally, Tsfg LLC boosted its stake in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares in the last quarter. Institutional investors 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.