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

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have earned a consensus rating of “Moderate Buy” from the forty-three ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, thirty have given a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $355.80.

CRWD has been the subject of several research analyst reports. Oppenheimer increased their price objective on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Evercore ISI increased their price target on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research report on Monday, November 25th. UBS Group lowered their price objective on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of CrowdStrike from $350.00 to $275.00 and set a “hold” rating on the stock in a research note on Monday, August 26th.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00. Following the sale, the insider now owns 174,591 shares of the company’s stock, valued at $45,521,111.43. The trade was a 2.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the transaction, the director now directly owns 809,266 shares of the company’s stock, valued at $282,708,984.44. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 144,498 shares of company stock worth $45,116,385. 4.34% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CrowdStrike

Large investors have recently modified their holdings of the stock. Abich Financial Wealth Management LLC acquired a new stake in CrowdStrike in the 2nd quarter valued at $25,000. Family Firm Inc. acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at $30,000. Itau Unibanco Holding S.A. acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at $33,000. Unique Wealth Strategies LLC bought a new stake in shares of CrowdStrike in the 2nd quarter worth about $36,000. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter worth about $38,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $365.65 on Tuesday. The company has a market cap of $90.06 billion, a P/E ratio of 716.97, a price-to-earnings-growth ratio of 19.55 and a beta of 1.11. The company’s fifty day moving average is $322.92 and its two-hundred day moving average is $313.54. The company has a quick ratio of 1.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike has a 12-month low of $200.81 and a 12-month high of $398.33.

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.