CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,973,377.35 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,505 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $1,973,377.35. Following the completion of the sale, the insider now owns 110,293 shares of the company’s stock, valued at approximately $39,536,731.71. The trade was a 4.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Monday, December 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00.
• On Friday, November 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $340.44, for a total transaction 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 transaction of $1,237,520.00.

CrowdStrike Price Performance

Shares of CRWD opened at $354.99 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. The stock has a market cap of $87.44 billion, a P/E ratio of 696.07, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11. The stock’s 50-day moving average price is $342.36 and its two-hundred day moving average price is $316.22.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Checchi Capital Advisers LLC bought a new position in shares of CrowdStrike during the 2nd quarter valued at about $205,000. Whittier Trust Co. lifted its holdings in shares of CrowdStrike by 55.2% during the 2nd quarter. Whittier Trust Co. now owns 843 shares of the company’s stock valued at $323,000 after purchasing an additional 300 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of CrowdStrike by 23.0% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 289 shares of the company’s stock valued at $111,000 after purchasing an additional 54 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of CrowdStrike by 429.2% during the 2nd quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock valued at $114,360,000 after purchasing an additional 242,052 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in shares of CrowdStrike by 305.1% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 12,441 shares of the company’s stock valued at $4,767,000 after purchasing an additional 9,370 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Barclays raised their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Wells Fargo & Company raised their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Sanford C. Bernstein cut their price target on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a research note on Thursday, September 5th. Evercore ISI raised their price target on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Finally, Royal Bank of Canada reduced their target price on CrowdStrike from $370.00 to $365.00 and set an “outperform” rating on the stock in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $364.25.

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.