CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 4,000 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the sale, the insider now owns 124,298 shares in the company, valued at $38,455,315.24. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, September 23rd, Shawn Henry sold 5,500 shares of CrowdStrike stock. The shares were sold at an average price of $297.60, for a total transaction of $1,636,800.00.
• On Monday, September 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00.
• On Thursday, August 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $310.15 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $170.17 and a 1 year high of $398.33. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market cap of $75.48 billion, a price-to-earnings ratio of 585.19, a PEG ratio of 19.94 and a beta of 1.10. The company has a fifty day moving average price of $276.25 and a 200-day moving average price of $308.36.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. During the same quarter in the prior year, the business posted $0.06 EPS. The business’s revenue was up 31.7% compared to the same quarter last year. As a group, equities research analysts predict that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. HSBC upgraded shares of CrowdStrike from a “hold” rating to a “buy” rating and raised their price target for the company from $302.00 to $339.00 in a research note on Friday, August 30th. Truist Financial restated a “buy” rating and issued a $325.00 price target on shares of CrowdStrike in a research note on Wednesday, August 28th. Hsbc Global Res upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 30th. Royal Bank of Canada dropped their price objective on shares of CrowdStrike from $345.00 to $335.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Finally, Sanford C. Bernstein dropped their price objective on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $328.74.

Hedge Funds Weigh In On CrowdStrike

Several institutional investors have recently added to or reduced their stakes in the stock. Means Investment CO. Inc. grew its position in CrowdStrike by 97.6% during the third quarter. Means Investment CO. Inc. now owns 3,820 shares of the company’s stock valued at $1,071,000 after buying an additional 1,887 shares during the period. Whitaker Myers Wealth Managers LTD. bought a new position in CrowdStrike during the third quarter valued at about $294,000. Key Client Fiduciary Advisors LLC grew its position in CrowdStrike by 87.3% during the third quarter. Key Client Fiduciary Advisors LLC now owns 1,377 shares of the company’s stock valued at $386,000 after buying an additional 642 shares during the period. Clarity Wealth Advisors LLC bought a new position in CrowdStrike during the third quarter valued at about $266,000. Finally, Commonwealth Equity Services LLC grew its position in CrowdStrike by 5.3% during the third quarter. Commonwealth Equity Services LLC now owns 188,217 shares of the company’s stock valued at $52,789,000 after buying an additional 9,517 shares during the period. Institutional investors 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.