Shawn Henry Sells 4,500 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. The trade was a 3.74 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Friday, November 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00.
• On Tuesday, October 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $309.38, for a total value 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.

CrowdStrike Trading Down 3.0 %

Shares of NASDAQ CRWD opened at $376.42 on Wednesday. The company’s 50 day simple moving average is $334.31 and its 200 day simple moving average is $314.65. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The firm has a market capitalization of $92.72 billion, a P/E ratio of 738.08, a P/E/G ratio of 19.48 and a beta of 1.11.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CRWD. Jennison Associates LLC lifted its stake in CrowdStrike by 25.0% in the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after buying an additional 1,013,161 shares during the period. International Assets Investment Management LLC grew its holdings in CrowdStrike by 17,926.3% during the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after purchasing an additional 920,695 shares during the period. Daiwa Securities Group Inc. increased its stake in CrowdStrike by 1,655.9% in the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock valued at $212,021,000 after purchasing an additional 712,900 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in CrowdStrike by 47.5% in the second quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after purchasing an additional 564,662 shares during the period. Finally, Assenagon Asset Management S.A. boosted its position in shares of CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock worth $146,180,000 after purchasing an additional 371,695 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. KeyCorp lifted their price objective on shares of CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Argus reduced their price target on CrowdStrike from $400.00 to $325.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Citigroup upped their price target on CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a research note on Wednesday, November 27th. Finally, Rosenblatt Securities upped their target price on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $358.00.

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.