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

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the completion of the transaction, the insider now owns 115,798 shares in the company, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 stock was 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 shares were 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 stock was sold at an average price of $297.60, for a total value of $1,636,800.00.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $388.20 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average price of $332.64 and a 200 day moving average price of $314.21. The firm has a market capitalization of $95.62 billion, a PE ratio of 761.18, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. UBS Group cut their price objective on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Truist Financial raised their price target on shares of CrowdStrike from $325.00 to $375.00 and gave the company a “buy” rating in a report on Monday, November 18th. Rosenblatt Securities upped their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. JMP Securities restated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. Finally, Citigroup boosted their price target on CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $358.00.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds have recently modified their holdings of the stock. Garden State Investment Advisory Services LLC bought a new stake in CrowdStrike in the third quarter valued at $446,000. Oddo BHF Asset Management Sas bought a new stake in shares of CrowdStrike in the 3rd quarter worth about $2,975,000. Tri Ri Asset Management Corp acquired a new stake in shares of CrowdStrike during the 3rd quarter worth about $5,456,000. Peapack Gladstone Financial Corp bought a new position in CrowdStrike during the 3rd quarter valued at about $497,000. Finally, Tidal Investments LLC boosted its position in CrowdStrike by 7.5% in the third quarter. Tidal Investments LLC now owns 24,813 shares of the company’s stock valued at $6,959,000 after buying an additional 1,740 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

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.