CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 5,096 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,096 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.43, for a total transaction of $1,826,559.28. Following the completion of the sale, the insider now owns 84,618 shares in the company, valued at $30,329,629.74. This trade represents a 5.68 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, March 24th, Shawn Henry sold 2,547 shares of CrowdStrike stock. The shares were sold at an average price of $365.96, for a total transaction of $932,100.12.
• On Monday, March 17th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00.
• On Tuesday, February 18th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00.
• On Wednesday, January 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00.

CrowdStrike Stock Up 3.3 %

Shares of CRWD opened at $384.95 on Wednesday. The firm has a 50 day simple moving average of $387.90 and a two-hundred day simple moving average of $347.04. The company has a market cap of $95.42 billion, a P/E ratio of 754.82, a P/E/G ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CRWD shares. The Goldman Sachs Group reiterated a “buy” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Stifel Nicolaus cut their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. JPMorgan Chase & Co. boosted their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Royal Bank of Canada reiterated an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Truist Financial boosted their price target on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $400.26.

Institutional Trading of CrowdStrike

Several institutional investors and hedge funds have recently modified their holdings of CRWD. Nicolet Advisory Services LLC raised its stake in CrowdStrike by 38.4% during the third quarter. Nicolet Advisory Services LLC now owns 1,034 shares of the company’s stock worth $293,000 after acquiring an additional 287 shares in the last quarter. Great Valley Advisor Group Inc. increased its position in CrowdStrike by 184.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,091 shares of the company’s stock worth $1,989,000 after purchasing an additional 4,595 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in CrowdStrike by 9.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 8,146 shares of the company’s stock valued at $2,285,000 after purchasing an additional 684 shares during the last quarter. Westfield Capital Management Co. LP acquired a new stake in CrowdStrike in the third quarter valued at approximately $38,838,000. Finally, Fisher Asset Management LLC grew its stake in shares of CrowdStrike by 17.9% during the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock worth $626,000 after buying an additional 339 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

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.