CrowdStrike (NASDAQ:CRWD) Stock Price Down 0.5%

CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s share price was down 0.5% on Monday . The stock traded as low as $307.36 and last traded at $307.62. Approximately 550,220 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 3,662,411 shares. The stock had previously closed at $309.05.

Analyst Ratings Changes

Several research analysts have weighed in on CRWD shares. Mizuho upped their price objective on shares of CrowdStrike from $360.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Oppenheimer boosted their target price on shares of CrowdStrike from $300.00 to $355.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Needham & Company LLC boosted their target price on shares of CrowdStrike from $325.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Scotiabank boosted their target price on shares of CrowdStrike from $320.00 to $400.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, March 6th. Finally, TD Cowen boosted their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $373.29.

CrowdStrike Trading Down 0.1 %

The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $319.71 and a 200-day moving average price of $262.47. The company has a market cap of $72.36 billion, a P/E ratio of 831.00, a PEG ratio of 11.98 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. The firm had revenue of $845.34 million for the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 18,747 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the completion of the sale, the president now owns 382,958 shares in the company, valued at $124,767,716.40. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total value of $25,514,982.40. Following the transaction, the chief executive officer now owns 1,148,102 shares in the company, valued at $375,176,771.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Michael Sentonas sold 18,747 shares of the firm’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the completion of the transaction, the president now directly owns 382,958 shares in the company, valued at $124,767,716.40. The disclosure for this sale can be found here. Insiders have sold a total of 219,544 shares of company stock worth $70,878,772 over the last ninety days. Insiders own 5.68% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CRWD. CVA Family Office LLC bought a new stake in CrowdStrike during the 4th quarter worth approximately $26,000. Hexagon Capital Partners LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at $26,000. Future Financial Wealth Managment LLC bought a new stake in shares of CrowdStrike in the 1st quarter valued at $32,000. MCF Advisors LLC bought a new stake in shares of CrowdStrike in the 1st quarter valued at $32,000. Finally, Bear Mountain Capital Inc. bought a new stake in shares of CrowdStrike in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.