Crowdstrike Holdings Inc (NASDAQ:CRWD) CEO George Kurtz sold 57,510 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $46.69, for a total transaction of $2,685,141.90. Following the completion of the transaction, the chief executive officer now directly owns 57,510 shares of the company’s stock, valued at approximately $2,685,141.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

George Kurtz also recently made the following trade(s):

  • On Friday, March 20th, George Kurtz sold 43,830 shares of Crowdstrike stock. The stock was sold at an average price of $50.09, for a total transaction of $2,195,444.70.
  • On Monday, March 9th, George Kurtz sold 64,722 shares of Crowdstrike stock. The shares were sold at an average price of $46.83, for a total value of $3,030,931.26.
  • On Monday, February 10th, George Kurtz sold 138,820 shares of Crowdstrike stock. The shares were sold at an average price of $62.73, for a total value of $8,708,178.60.
  • On Thursday, January 16th, George Kurtz sold 2,344 shares of Crowdstrike stock. The stock was sold at an average price of $62.52, for a total value of $146,546.88.
  • On Monday, January 13th, George Kurtz sold 2,344 shares of Crowdstrike stock. The stock was sold at an average price of $59.50, for a total value of $139,468.00.
  • On Thursday, January 9th, George Kurtz sold 141,164 shares of Crowdstrike stock. The stock was sold at an average price of $56.28, for a total value of $7,944,709.92.
  • On Monday, January 6th, George Kurtz sold 2,344 shares of Crowdstrike stock. The shares were sold at an average price of $53.50, for a total value of $125,404.00.

Shares of CRWD traded up $2.55 on Thursday, reaching $58.33. 1,699,101 shares of the company’s stock were exchanged, compared to its average volume of 5,983,794. The business has a 50 day moving average price of $55.30 and a two-hundred day moving average price of $56.02. Crowdstrike Holdings Inc has a 12 month low of $31.95 and a 12 month high of $101.88. The stock has a market capitalization of $11.78 billion and a P/E ratio of -46.30.

Crowdstrike (NASDAQ:CRWD) last released its earnings results on Thursday, March 19th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.06. The firm had revenue of $152.10 million during the quarter, compared to analyst estimates of $137.80 million. Crowdstrike had a negative net margin of 29.45% and a negative return on equity of 33.49%. The business’s quarterly revenue was up 88.9% compared to the same quarter last year. As a group, equities analysts forecast that Crowdstrike Holdings Inc will post -0.5 EPS for the current fiscal year.

Several research analysts have issued reports on CRWD shares. JMP Securities reiterated a “buy” rating and set a $60.00 price objective on shares of Crowdstrike in a research note on Friday, March 13th. Royal Bank of Canada raised shares of Crowdstrike from a “sector perform” rating to an “outperform” rating and set a $67.00 price target for the company in a report on Monday, March 16th. Needham & Company LLC restated a “buy” rating and issued a $92.00 price target on shares of Crowdstrike in a research report on Monday, December 9th. Piper Sandler reaffirmed a “buy” rating and set a $70.00 price objective on shares of Crowdstrike in a research note on Friday, March 20th. Finally, Piper Jaffray Companies started coverage on shares of Crowdstrike in a report on Tuesday, December 10th. They set an “overweight” rating and a $70.00 price objective for the company. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $74.38.

Several institutional investors have recently bought and sold shares of the company. Point72 Asset Management L.P. boosted its stake in Crowdstrike by 1,390.5% during the 4th quarter. Point72 Asset Management L.P. now owns 1,746,109 shares of the company’s stock worth $87,078,000 after acquiring an additional 1,628,963 shares during the last quarter. Marshall Wace North America L.P. grew its stake in Crowdstrike by 2,058.5% in the fourth quarter. Marshall Wace North America L.P. now owns 1,458,631 shares of the company’s stock valued at $72,741,000 after acquiring an additional 1,391,054 shares during the period. Jericho Capital Asset Management L.P. grew its stake in Crowdstrike by 155.3% in the third quarter. Jericho Capital Asset Management L.P. now owns 2,050,104 shares of the company’s stock valued at $119,542,000 after acquiring an additional 1,247,169 shares during the period. Alyeska Investment Group L.P. increased its holdings in shares of Crowdstrike by 2,550.6% in the fourth quarter. Alyeska Investment Group L.P. now owns 927,712 shares of the company’s stock worth $46,265,000 after acquiring an additional 892,712 shares in the last quarter. Finally, Fred Alger Management LLC bought a new stake in shares of Crowdstrike in the fourth quarter worth about $41,431,000. Institutional investors own 39.92% of the company’s stock.

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Insider Buying and Selling by Quarter for Crowdstrike (NASDAQ:CRWD)

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