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 that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares in the company, valued at $40,954,251.12. The trade was a 3.22 % decrease in their position. The transaction 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 Tuesday, October 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $309.38, for a total transaction 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 transaction 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 transaction of $1,173,285.00.

CrowdStrike Price Performance

Shares of CRWD stock traded down $7.61 on Friday, reaching $336.75. The company had a trading volume of 3,457,968 shares, compared to its average volume of 5,024,086. The stock has a market capitalization of $82.55 billion, a PE ratio of 487.16, a price-to-earnings-growth ratio of 23.52 and a beta of 1.10. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. CrowdStrike Holdings, Inc. has a one year low of $198.86 and a one year high of $398.33. The business’s 50-day moving average is $295.99 and its 200 day moving average is $309.90.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The firm had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 earnings per share. Equities research analysts forecast that CrowdStrike Holdings, Inc. will post 0.52 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC bought a new position in CrowdStrike during the 2nd quarter worth approximately $25,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike in the 3rd quarter valued at $28,000. Tsfg LLC grew its position in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the period. Family Firm Inc. acquired a new stake in CrowdStrike in the 2nd quarter valued at $30,000. Finally, Castleview Partners LLC bought a new position in CrowdStrike during the 3rd quarter valued at $32,000. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CRWD. Argus lowered their price objective on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a report on Friday, August 30th. BTIG Research downgraded shares of CrowdStrike from a “buy” rating to a “neutral” rating in a report on Monday, July 22nd. Scotiabank lowered their price objective on shares of CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 14th. Canaccord Genuity Group restated a “buy” rating and set a $330.00 target price on shares of CrowdStrike in a report on Monday, September 30th. Finally, Needham & Company LLC initiated coverage on shares of CrowdStrike in a report on Monday, September 23rd. They set a “buy” rating and a $360.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $328.74.

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.