CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Sells $1,041,140.82 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 2,858 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the completion of the sale, the chief accounting officer now owns 38,201 shares of the company’s stock, valued at $13,916,242.29. The trade was a 6.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Anurag Saha also recently made the following trade(s):

• On Monday, December 23rd, Anurag Saha sold 1,863 shares of CrowdStrike stock. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98.

CrowdStrike Stock Down 0.2 %

Shares of CRWD stock traded down $0.71 during trading hours on Thursday, reaching $365.08. 1,231,441 shares of the company’s stock were exchanged, compared to its average volume of 4,899,705. The stock has a market cap of $89.92 billion, a PE ratio of 715.86, a PEG ratio of 19.48 and a beta of 1.11. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock’s fifty day moving average price is $340.37 and its two-hundred day moving average price is $316.02. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Oppenheimer boosted their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Susquehanna increased their price target on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research note on Wednesday, November 27th. CICC Research began coverage on CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective on the stock. Finally, Wells Fargo & Company increased their target price on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $364.25.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jennison Associates LLC raised its position in CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after acquiring an additional 1,013,161 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of CrowdStrike by 17,926.3% in the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after purchasing an additional 920,695 shares during the period. Daiwa Securities Group Inc. boosted its holdings in CrowdStrike by 1,655.9% during the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after buying an additional 712,900 shares in the last quarter. Assenagon Asset Management S.A. grew its position in CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after buying an additional 371,695 shares during the period. Finally, State Street Corp increased its holdings in CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after buying an additional 275,717 shares in the last quarter. 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.