CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha Sells 2,141 Shares

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

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

• On Friday, March 21st, Anurag Saha sold 1,496 shares of CrowdStrike stock. The stock was sold at an average price of $358.62, for a total transaction 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 Up 3.3 %

CrowdStrike stock traded up $12.31 during mid-day 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 1-year low of $200.81 and a 1-year high of $455.59. The stock has a 50 day moving average of $387.90 and a two-hundred day moving average of $347.04. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $95.42 billion, a P/E ratio of 754.82, a P/E/G ratio of 17.86 and a beta of 1.19.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Fire Capital Management LLC acquired a new stake in CrowdStrike in the 4th quarter worth approximately $488,000. Mascagni Wealth Management Inc. bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $159,000. 111 Capital bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $764,000. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of CrowdStrike in the fourth quarter worth $27,016,000. Finally, Centaurus Financial Inc. boosted its holdings in shares of CrowdStrike by 62.0% during the 4th quarter. Centaurus Financial Inc. now owns 3,153 shares of the company’s stock worth $1,079,000 after buying an additional 1,207 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CRWD. Raymond James lowered shares of CrowdStrike from an “outperform” rating to a “cautious” rating in a research note on Monday, March 10th. Piper Sandler set a $347.00 price target on CrowdStrike in a report on Wednesday, March 5th. Hsbc Global Res lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has 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 a consensus price target of $400.26.

About CrowdStrike

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.