Anurag Saha Sells 1,863 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 1,863 shares of the stock in a transaction that occurred 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 sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82.

CrowdStrike Price Performance

CrowdStrike stock opened at $354.99 on Friday. The stock has a market cap of $87.44 billion, a price-to-earnings ratio of 696.07, a P/E/G ratio of 19.48 and a beta of 1.11. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. 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 business’s 50-day simple moving average is $342.36 and its 200 day simple moving average is $316.22.

Institutional Investors Weigh In On CrowdStrike

Several institutional investors have recently modified their holdings of the business. Abich Financial Wealth Management LLC bought a new position in CrowdStrike in the second quarter valued at approximately $25,000. Oakworth Capital Inc. acquired a new position in shares of CrowdStrike in the 3rd quarter valued at $28,000. Tsfg LLC boosted its position in shares of 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 during the last quarter. Castleview Partners LLC acquired a new stake in shares of CrowdStrike during the third quarter worth $32,000. Finally, Itau Unibanco Holding S.A. bought a new stake in CrowdStrike in the second quarter valued at about $33,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CRWD shares. Rosenblatt Securities boosted their target price on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. JPMorgan Chase & Co. boosted their price objective on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. BNP Paribas initiated coverage on shares of CrowdStrike in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 target price for the company. JMP Securities restated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. Finally, Oppenheimer raised their price objective on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $364.25.

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.