Shawn Henry Sells 4,000 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shawn Henry also recently made the following trade(s):

• On Thursday, March 21st, Shawn Henry sold 14,815 shares of CrowdStrike stock. The stock was sold at an average price of $325.85, for a total transaction of $4,827,467.75.

CrowdStrike Trading Down 3.9 %

CrowdStrike stock opened at $282.64 on Friday. The company has a 50 day moving average price of $317.72 and a 200 day moving average price of $263.70. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76. The firm has a market capitalization of $68.36 billion, a price-to-earnings ratio of 785.13, a P/E/G ratio of 11.75 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The firm had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. Research analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRWD. Coppell Advisory Solutions Corp. acquired a new position in CrowdStrike in the 4th quarter worth approximately $25,000. CVA Family Office LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $26,000. Hexagon Capital Partners LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $26,000. Silver Oak Securities Incorporated purchased a new stake in CrowdStrike in the 3rd quarter worth approximately $27,000. Finally, Bear Mountain Capital Inc. purchased a new stake in CrowdStrike in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on CRWD. Mizuho raised their price target on shares of CrowdStrike from $360.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. DA Davidson raised their price target on shares of CrowdStrike from $285.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Macquarie restated an “outperform” rating and issued a $370.00 price target on shares of CrowdStrike in a research note on Tuesday, March 19th. Wells Fargo & Company raised their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Finally, Raymond James began coverage on shares of CrowdStrike in a research note on Tuesday, January 30th. They issued an “outperform” rating and a $330.00 price target on the stock. One analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $371.87.

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.