Crowdstrike Holdings Inc (NASDAQ:CRWD) CEO George Kurtz sold 124,748 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $49.78, for a total value of $6,209,955.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of CRWD opened at $47.30 on Friday. The stock has a 50 day moving average of $51.98. Crowdstrike Holdings Inc has a 52 week low of $44.58 and a 52 week high of $101.88.

Crowdstrike (NASDAQ:CRWD) last issued its quarterly earnings results on Thursday, December 5th. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.12. The company had revenue of $125.10 million during the quarter, compared to the consensus estimate of $118.79 million. Crowdstrike’s quarterly revenue was up 88.4% on a year-over-year basis. On average, research analysts predict that Crowdstrike Holdings Inc will post -1.03 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of CRWD. Warburg Pincus LLC bought a new stake in shares of Crowdstrike in the 2nd quarter worth approximately $3,751,769,000. Vanguard Group Inc. bought a new stake in shares of Crowdstrike in the 2nd quarter worth approximately $85,696,000. Jericho Capital Asset Management L.P. boosted its position in shares of Crowdstrike by 155.3% in the 3rd quarter. Jericho Capital Asset Management L.P. now owns 2,050,104 shares of the company’s stock worth $119,542,000 after purchasing an additional 1,247,169 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new stake in shares of Crowdstrike in the 2nd quarter worth approximately $68,481,000. Finally, Whale Rock Capital Management LLC bought a new stake in shares of Crowdstrike in the 2nd quarter worth approximately $48,300,000. 32.05% of the stock is currently owned by hedge funds and other institutional investors.

CRWD has been the topic of a number of research analyst reports. Robert W. Baird reduced their price target on Crowdstrike from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Monday, December 2nd. Royal Bank of Canada reduced their price target on Crowdstrike from $83.00 to $67.00 and set a “sector perform” rating on the stock in a report on Wednesday, December 4th. Jefferies Financial Group reduced their target price on Crowdstrike from $67.00 to $61.00 and set a “hold” rating on the stock in a report on Friday, December 6th. Bank of America reduced their target price on Crowdstrike from $103.00 to $86.00 and set a “buy” rating on the stock in a report on Friday, December 6th. Finally, JPMorgan Chase & Co. upped their target price on Crowdstrike from $104.00 to $109.00 and gave the stock an “overweight” rating in a report on Friday, September 6th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the stock. Crowdstrike currently has an average rating of “Buy” and an average target price of $76.01.

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