Shawn Henry Sells 5,505 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,505 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $1,973,377.35. Following the sale, the insider now directly owns 110,293 shares in the company, valued at $39,536,731.71. This represents a 4.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shawn Henry also recently made the following trade(s):

• On Monday, December 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00.
• On Friday, November 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00.
• On Tuesday, October 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $309.38, for a total value of $1,237,520.00.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $354.99 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The stock has a market capitalization of $87.44 billion, a P/E ratio of 696.07, 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 firm’s 50 day moving average is $342.36 and its 200 day moving average is $315.74.

Hedge Funds Weigh In On CrowdStrike

A number of large investors have recently made changes to their positions in the stock. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the 2nd quarter valued at about $25,000. Oakworth Capital Inc. bought a new stake in CrowdStrike during the 3rd quarter worth approximately $28,000. Tsfg LLC lifted its stake in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares in the last quarter. Castleview Partners LLC bought a new position in shares of CrowdStrike in the third quarter worth $32,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of CrowdStrike in the second quarter worth $33,000. 71.16% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CRWD. Sanford C. Bernstein dropped their price objective on CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a research report on Thursday, September 5th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 target price on shares of CrowdStrike in a research note on Monday, September 30th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. Wells Fargo & Company raised their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Finally, Barclays boosted their target price on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $364.25.

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.