CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha Sells 1,496 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the transaction, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. This represents a 3.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, March 24th, Anurag Saha sold 2,141 shares of CrowdStrike stock. The stock was sold at an average price of $371.79, for a total transaction of $796,002.39.
• 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.

CrowdStrike Stock Performance

CRWD stock traded up $12.31 on Tuesday, reaching $384.95. The company’s stock had a trading volume of 4,255,664 shares, compared to its average volume of 4,778,697. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market capitalization of $95.42 billion, a P/E ratio of 754.82, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The firm has a fifty day moving average of $387.90 and a two-hundred day moving average of $347.04.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter valued at about $27,000. FPC Investment Advisory Inc. raised its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after buying an additional 73 shares in the last quarter. Fortitude Family Office LLC lifted its stake in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Crowley Wealth Management Inc. bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike during the fourth quarter valued at approximately $34,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of analyst reports. Jefferies Financial Group decreased their price objective on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Oppenheimer boosted their price target on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Wells Fargo & Company raised their price objective on CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Piper Sandler set a $347.00 price objective on CrowdStrike in a report on Wednesday, March 5th. Finally, Royal Bank of Canada reiterated an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $400.26.

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.