Shawn Henry Sells 4,000 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the transaction, the insider now directly owns 124,298 shares of the company’s stock, valued at $38,455,315.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, September 23rd, Shawn Henry sold 5,500 shares of CrowdStrike stock. The stock was sold at an average price of $297.60, for a total value of $1,636,800.00.
• On Monday, September 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00.
• On Thursday, August 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00.

CrowdStrike Trading Up 1.3 %

NASDAQ CRWD traded up $3.93 during trading on Wednesday, hitting $306.24. 2,885,949 shares of the company’s stock traded hands, compared to its average volume of 5,223,423. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a fifty day moving average of $271.96 and a two-hundred day moving average of $308.43. The firm has a market cap of $74.53 billion, a P/E ratio of 574.53, a PEG ratio of 19.94 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 12-month low of $170.17 and a 12-month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. During the same period in the prior year, the firm posted $0.06 earnings per share. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. As a group, sell-side analysts expect that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current year.

Institutional Trading of CrowdStrike

Several large investors have recently added to or reduced their stakes in CRWD. Abich Financial Wealth Management LLC purchased a new stake in shares of CrowdStrike in the 2nd quarter worth about $25,000. Family Firm Inc. purchased a new position in shares of CrowdStrike in the 2nd quarter valued at approximately $30,000. Itau Unibanco Holding S.A. purchased a new stake in CrowdStrike in the second quarter worth $33,000. Unique Wealth Strategies LLC bought a new position in CrowdStrike in the second quarter worth $36,000. Finally, Trivant Custom Portfolio Group LLC purchased a new position in CrowdStrike during the first quarter valued at $30,000. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on CRWD. KeyCorp lifted their price objective on shares of CrowdStrike from $300.00 to $345.00 and gave the company an “overweight” rating in a research note on Monday, September 23rd. Hsbc Global Res raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 30th. TD Cowen decreased their target price on CrowdStrike from $400.00 to $380.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. Truist Financial reiterated a “buy” rating and issued a $325.00 price target on shares of CrowdStrike in a report on Wednesday, August 28th. Finally, Scotiabank decreased their price objective on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating for the company in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-three have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $325.44.

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.