Sameer K. Gandhi Sells 6,250 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the completion of the transaction, the director now owns 809,266 shares of the company’s stock, valued at approximately $282,708,984.44. This trade represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

CrowdStrike Stock Performance

Shares of CRWD opened at $364.84 on Friday. The firm has a market capitalization of $89.43 billion, a P/E ratio of 715.39, a P/E/G ratio of 18.78 and a beta of 1.11. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33. The stock has a 50 day moving average price of $321.32 and a two-hundred day moving average price of $313.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.90 and a current ratio of 1.86.

Analyst Upgrades and Downgrades

CRWD has been the topic of several analyst reports. Barclays boosted their price objective 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. Robert W. Baird increased their price target on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Citigroup lifted their price objective on CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Evercore ISI increased their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, November 25th. Finally, KeyCorp boosted their price target on shares of CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $355.80.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Abich Financial Wealth Management LLC bought a new position in CrowdStrike during the 2nd quarter valued at $25,000. Family Firm Inc. purchased a new stake in shares of CrowdStrike in the second quarter valued at about $30,000. Itau Unibanco Holding S.A. bought a new position in shares of CrowdStrike during the second quarter valued at about $33,000. Unique Wealth Strategies LLC purchased a new position in CrowdStrike during the second quarter worth about $36,000. Finally, Hobbs Group Advisors LLC bought a new stake in CrowdStrike in the 2nd quarter worth about $38,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

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.