CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have earned a consensus recommendation of “Moderate Buy” from the forty-four research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $379.73.

A number of brokerages have recently commented on CRWD. JPMorgan Chase & Co. upped their target price on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Barclays upped their target price on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Stifel Nicolaus increased their price target on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday. The Goldman Sachs Group increased their price target on CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, December 24th. Finally, Susquehanna increased their price target on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research report on Wednesday, November 27th.

CrowdStrike Stock Down 3.1 %

Shares of CRWD opened at $436.14 on Friday. CrowdStrike has a 52 week low of $200.81 and a 52 week high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $107.43 billion, a price-to-earnings ratio of 855.19, a PEG ratio of 18.65 and a beta of 1.16. The stock’s 50-day moving average price is $383.99 and its 200-day moving average price is $328.39.

Insider Activity

In related news, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the transaction, the director now directly owns 42,391 shares in the company, valued at approximately $14,791,491.63. This trade represents a 41.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 136,565 shares of company stock valued at $51,038,529. 4.34% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FSA Wealth Management LLC boosted its stake in shares of CrowdStrike by 11.2% during the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company’s stock worth $78,000 after acquiring an additional 23 shares in the last quarter. Jacobi Capital Management LLC boosted its stake in shares of CrowdStrike by 1.9% during the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after acquiring an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in shares of CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after acquiring an additional 27 shares in the last quarter. Wintrust Investments LLC boosted its stake in shares of CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after acquiring an additional 29 shares in the last quarter. Finally, Synergy Financial Group LTD boosted its stake in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after acquiring an additional 30 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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.