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

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now directly owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, December 23rd, Shawn Henry sold 5,505 shares of CrowdStrike stock. The shares were sold at an average price of $358.47, for a total value of $1,973,377.35.
• On Monday, December 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was sold at an average price of $368.14, for a total value 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.

CrowdStrike Trading Up 0.4 %

CrowdStrike stock traded up $1.36 during trading on Thursday, reaching $363.38. 2,436,455 shares of the company were exchanged, compared to its average volume of 2,749,913. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock’s 50 day simple moving average is $354.67 and its two-hundred day simple moving average is $312.81. The company has a market capitalization of $89.50 billion, a P/E ratio of 712.52, a PEG ratio of 18.55 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CRWD. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the second quarter worth about $25,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike during the 3rd quarter valued at approximately $28,000. Fortitude Family Office LLC lifted its holdings in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the last quarter. Tsfg LLC grew its position in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares during the period. Finally, Castleview Partners LLC acquired a new position in CrowdStrike during the 3rd quarter worth about $32,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Rosenblatt Securities raised their target price on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Stifel Nicolaus lifted their price target on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Barclays increased their price objective on shares of CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Oppenheimer raised their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Finally, Wells Fargo & Company lifted their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $365.88.

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.