CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Given Average Rating of “Moderate Buy” by Brokerages

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have earned a consensus recommendation of “Moderate Buy” from the thirty-eight ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $371.87.

Several research analysts have commented on the company. TD Cowen raised their price objective on CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Jefferies Financial Group lifted their target price on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Citigroup lifted their target price on CrowdStrike from $320.00 to $425.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Raymond James assumed coverage on CrowdStrike in a research report on Tuesday, January 30th. They set an “outperform” rating and a $330.00 target price on the stock. Finally, Stifel Nicolaus lifted their target price on CrowdStrike from $315.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th.

Insider Buying and Selling

In related news, CEO George Kurtz sold 78,080 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the sale, the chief executive officer now owns 1,148,102 shares of the company’s stock, valued at $375,176,771.56. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, CFO Burt W. Podbere sold 15,753 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $305.15, for a total transaction of $4,807,027.95. Following the sale, the chief financial officer now owns 313,994 shares of the company’s stock, valued at $95,815,269.10. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Kurtz sold 78,080 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the transaction, the chief executive officer now directly owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The disclosure for this sale can be found here. Insiders have sold a total of 317,000 shares of company stock valued at $101,229,160 over the last quarter. Corporate insiders own 4.34% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CRWD. Yousif Capital Management LLC increased its holdings in shares of CrowdStrike by 3.8% in the third quarter. Yousif Capital Management LLC now owns 2,466 shares of the company’s stock valued at $413,000 after buying an additional 90 shares in the last quarter. Allworth Financial LP increased its holdings in shares of CrowdStrike by 30.9% in the third quarter. Allworth Financial LP now owns 779 shares of the company’s stock valued at $130,000 after buying an additional 184 shares in the last quarter. Teacher Retirement System of Texas raised its stake in CrowdStrike by 3.0% during the 3rd quarter. Teacher Retirement System of Texas now owns 17,366 shares of the company’s stock valued at $2,907,000 after purchasing an additional 510 shares during the period. Nwam LLC raised its stake in CrowdStrike by 3.9% during the 3rd quarter. Nwam LLC now owns 2,729 shares of the company’s stock valued at $457,000 after purchasing an additional 103 shares during the period. Finally, Knights of Columbus Asset Advisors LLC raised its stake in CrowdStrike by 2.9% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 11,529 shares of the company’s stock valued at $1,930,000 after purchasing an additional 320 shares during the period. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Down 0.9 %

NASDAQ:CRWD opened at $342.35 on Friday. The business’s 50-day moving average is $316.33 and its two-hundred day moving average is $286.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. CrowdStrike has a 12 month low of $139.37 and a 12 month high of $365.00. The firm has a market capitalization of $82.80 billion, a PE ratio of 951.00, a price-to-earnings-growth ratio of 13.97 and a beta of 1.08.

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

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.