CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Receives $325.44 Average Price Target from Analysts

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has been given an average rating of “Moderate Buy” by the forty-two research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, thirty-three have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $325.44.

A number of equities research analysts have weighed in on CRWD shares. Sanford C. Bernstein decreased their target price on CrowdStrike from $334.00 to $327.00 and set an “outperform” rating for the company in a research report on Thursday, September 5th. Raymond James decreased their price objective on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. JMP Securities reiterated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a report on Tuesday, September 24th. Susquehanna restated a “positive” rating and issued a $310.00 price target on shares of CrowdStrike in a report on Thursday, September 19th. Finally, BMO Capital Markets upped their price target on shares of CrowdStrike from $290.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, August 29th.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00. Following the sale, the insider now directly owns 179,091 shares of the company’s stock, valued at approximately $46,563,660. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the completion of the transaction, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,683 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at $11,582,623.36. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 103,212 shares of company stock valued at $30,529,413 over the last 90 days. Insiders own 4.34% of the company’s stock.

Institutional Trading of CrowdStrike

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in shares of CrowdStrike during the 4th quarter valued at about $101,000. Scarborough Advisors LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $68,000. Integrated Advisors Network LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $431,000. EP Wealth Advisors LLC raised its stake in shares of CrowdStrike by 45.8% during the 4th quarter. EP Wealth Advisors LLC now owns 3,225 shares of the company’s stock worth $823,000 after buying an additional 1,013 shares during the period. Finally, American International Group Inc. lifted its position in shares of CrowdStrike by 1.9% during the 4th quarter. American International Group Inc. now owns 19,431 shares of the company’s stock valued at $4,961,000 after buying an additional 369 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Up 1.3 %

Shares of CRWD opened at $306.24 on Monday. The firm has a fifty day moving average price of $273.47 and a 200-day moving average price of $308.41. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $74.53 billion, a P/E ratio of 577.81, a P/E/G ratio of 19.94 and a beta of 1.10. CrowdStrike has a 12-month low of $170.17 and a 12-month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07. The company had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.06 EPS. Equities research analysts expect that CrowdStrike will post 0.53 earnings per share for the current year.

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.