Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Sells $207,500.40 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 540 shares of CrowdStrike stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of $384.26, for a total transaction of $207,500.40. Following the sale, the chief accounting officer now owns 37,661 shares of the company’s stock, valued at approximately $14,471,615.86. This represents a 1.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82.
• 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 Trading Down 3.1 %

NASDAQ CRWD opened at $436.14 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. 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 has a 50 day moving average of $383.99 and a 200-day moving average of $328.39. The company has a market cap of $107.43 billion, a PE ratio of 855.19, a PEG ratio of 18.65 and a beta of 1.16.

Analyst Ratings Changes

CRWD has been the topic of several recent research reports. CICC Research initiated coverage on CrowdStrike in a research report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price target on the stock. The Goldman Sachs Group raised their target price on CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, December 24th. HSBC cut CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target for the company. in a research note on Wednesday, November 27th. Oppenheimer lifted their price objective 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. Finally, Mizuho upped their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, February 12th. One investment 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 given a strong buy rating to the company. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $379.73.

Institutional Trading of CrowdStrike

A number of large investors have recently added to or reduced their stakes in CRWD. Mackenzie Financial Corp raised its holdings in shares of CrowdStrike by 46.2% in the 4th quarter. Mackenzie Financial Corp now owns 60,226 shares of the company’s stock valued at $20,607,000 after purchasing an additional 19,041 shares during the period. Jupiter Wealth Management LLC acquired a new position in CrowdStrike during the fourth quarter worth approximately $120,000. Warm Springs Advisors Inc. bought a new stake in CrowdStrike in the fourth quarter valued at approximately $1,879,000. Cache Advisors LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $1,658,000. Finally, GF Fund Management CO. LTD. bought a new position in shares of CrowdStrike during the 4th quarter worth approximately $20,098,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.