CrowdStrike (NASDAQ:CRWD – Get Free Report) President Michael Sentonas sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. The trade was a 5.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Michael Sentonas also recently made the following trade(s):
- On Monday, September 22nd, Michael Sentonas sold 11,561 shares of CrowdStrike stock. The shares were sold at an average price of $495.69, for a total transaction of $5,730,672.09.
CrowdStrike Stock Down 1.4%
CrowdStrike stock opened at $489.88 on Friday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm has a market cap of $122.94 billion, a P/E ratio of -411.66, a P/E/G ratio of 116.74 and a beta of 1.19. The business has a fifty day moving average of $446.22 and a two-hundred day moving average of $439.56. CrowdStrike has a twelve month low of $283.80 and a twelve month high of $517.98.
Analyst Upgrades and Downgrades
CRWD has been the topic of a number of recent analyst reports. Cantor Fitzgerald raised their price target on shares of CrowdStrike from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Canaccord Genuity Group raised their target price on shares of CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a research note on Monday, September 22nd. Capital One Financial lifted their price target on shares of CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Stifel Nicolaus increased their price objective on CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Finally, Mizuho raised their price objective on CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $487.11.
Get Our Latest Stock Analysis on CRWD
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of CRWD. Cloud Capital Management LLC acquired a new position in CrowdStrike in the 1st quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike in the first quarter worth $26,000. AlphaQuest LLC purchased a new position in shares of CrowdStrike during the second quarter worth $26,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 58 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.
About CrowdStrike
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.
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