CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Sells $4,086,063.05 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) President Michael Sentonas sold 10,735 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $4,086,063.05. Following the sale, the president now directly owns 411,166 shares of the company’s stock, valued at $156,502,114.58. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

CrowdStrike Trading Up 1.8 %

CrowdStrike stock opened at $387.29 on Friday. CrowdStrike Holdings, Inc. has a 52 week low of $139.37 and a 52 week high of $394.64. The stock has a 50-day moving average price of $337.67 and a 200 day moving average price of $312.01. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $94.25 billion, a price-to-earnings ratio of 730.75, a price-to-earnings-growth ratio of 19.36 and a beta of 1.08.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CRWD shares. Macquarie reiterated an “outperform” rating and set a $370.00 target price on shares of CrowdStrike in a research report on Tuesday, March 19th. FBN Securities raised shares of CrowdStrike to a “strong-buy” rating in a research report on Wednesday, June 5th. Wells Fargo & Company raised their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “overweight” rating in a research report on Monday, March 4th. Guggenheim reiterated a “buy” rating and issued a $424.00 price target on shares of CrowdStrike in a report on Tuesday. Finally, TD Cowen raised their price objective on CrowdStrike from $340.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike has an average rating of “Buy” and a consensus price target of $380.62.

Hedge Funds Weigh In On CrowdStrike

Large investors have recently made changes to their positions in the company. OMC Financial Services LTD purchased a new stake in shares of CrowdStrike during the first quarter worth about $3,459,000. Soltis Investment Advisors LLC boosted its stake in CrowdStrike by 5.7% during the 1st quarter. Soltis Investment Advisors LLC now owns 1,167 shares of the company’s stock worth $374,000 after purchasing an additional 63 shares during the last quarter. Cetera Advisor Networks LLC grew its holdings in shares of CrowdStrike by 25.3% during the first quarter. Cetera Advisor Networks LLC now owns 78,389 shares of the company’s stock worth $25,131,000 after buying an additional 15,836 shares in the last quarter. PGGM Investments raised its position in shares of CrowdStrike by 462.2% in the first quarter. PGGM Investments now owns 9,569 shares of the company’s stock valued at $3,068,000 after buying an additional 7,867 shares during the last quarter. Finally, Burney Co. purchased a new position in shares of CrowdStrike in the first quarter worth about $1,342,000. 71.16% of the stock is currently 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.