Crowdstrike Holdings Inc (NASDAQ:CRWD) COO Colin Black Sells 1,644 Shares of Stock

Crowdstrike Holdings Inc (NASDAQ:CRWD) COO Colin Black sold 1,644 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $46.27, for a total value of $76,067.88. Following the sale, the chief operating officer now owns 3,125 shares in the company, valued at $144,593.75. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Colin Black also recently made the following trade(s):

  • On Monday, February 10th, Colin Black sold 35,731 shares of Crowdstrike stock. The stock was sold at an average price of $61.88, for a total value of $2,211,034.28.
  • On Tuesday, January 14th, Colin Black sold 25,000 shares of Crowdstrike stock. The stock was sold at an average price of $60.00, for a total value of $1,500,000.00.

Shares of Crowdstrike stock traded up $2.20 on Thursday, reaching $57.98. 2,145,837 shares of the company were exchanged, compared to its average volume of 5,983,794. The stock has a fifty day moving average price of $55.30 and a 200-day moving average price of $56.02. The firm has a market capitalization of $11.78 billion and a price-to-earnings ratio of -46.02. Crowdstrike Holdings Inc has a fifty-two week low of $31.95 and a fifty-two week high of $101.88.

Crowdstrike (NASDAQ:CRWD) last posted its quarterly earnings results on Thursday, March 19th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.06. The firm had revenue of $152.10 million for the quarter, compared to analyst estimates of $137.80 million. Crowdstrike had a negative return on equity of 33.49% and a negative net margin of 29.45%. The firm’s revenue was up 88.9% compared to the same quarter last year. As a group, research analysts anticipate that Crowdstrike Holdings Inc will post -0.5 EPS for the current year.

A number of large investors have recently bought and sold shares of the stock. Palisade Capital Management LLC NJ boosted its stake in shares of Crowdstrike by 5.6% during the 4th quarter. Palisade Capital Management LLC NJ now owns 4,700 shares of the company’s stock worth $234,000 after acquiring an additional 250 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Crowdstrike by 3.4% in the 4th quarter. Victory Capital Management Inc. now owns 9,310 shares of the company’s stock valued at $464,000 after buying an additional 308 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in shares of Crowdstrike in the 4th quarter valued at about $4,713,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Crowdstrike by 76.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,116 shares of the company’s stock valued at $106,000 after buying an additional 916 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Crowdstrike in the 4th quarter valued at about $82,000. 39.92% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have issued reports on CRWD shares. Nomura lifted their price objective on Crowdstrike from $65.00 to $71.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Royal Bank of Canada upgraded Crowdstrike from a “sector perform” rating to an “outperform” rating and set a $67.00 price target for the company in a research report on Monday, March 16th. Needham & Company LLC reiterated a “buy” rating and set a $92.00 price target on shares of Crowdstrike in a research report on Monday, December 9th. Mizuho reiterated a “buy” rating and set a $85.00 price target on shares of Crowdstrike in a research report on Friday, March 20th. Finally, Piper Sandler reiterated a “buy” rating and set a $70.00 price target on shares of Crowdstrike in a research report on Friday, March 20th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nineteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $74.38.

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