Analysts Set CrowdStrike Holdings, Inc. (NASDAQ:CRWD) PT at $400.76

CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Get Free Report) has earned an average rating of "Moderate Buy" from the forty-five analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, thirty have given a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $400.76.

Several research firms recently commented on CRWD. DA Davidson lifted their price target on CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. Royal Bank of Canada restated an "outperform" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Rosenblatt Securities restated a "buy" rating and issued a $450.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. Citigroup reissued a "buy" rating on shares of CrowdStrike in a report on Wednesday, February 5th. Finally, Westpark Capital restated a "hold" rating on shares of CrowdStrike in a report on Wednesday, March 5th.

CrowdStrike Price Performance

NASDAQ:CRWD traded up $8.70 during trading hours on Friday, hitting $440.58. 2,705,875 shares of the stock traded hands, compared to its average volume of 5,063,125. CrowdStrike has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market cap of $109.21 billion, a price-to-earnings ratio of 863.90, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The stock has a 50 day moving average price of $371.78 and a 200 day moving average price of $365.54.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares of the company's stock, valued at $31,669,042. This trade represents a 4.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the transaction, the director now directly owns 805,592 shares in the company, valued at approximately $332,218,084.88. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 139,125 shares of company stock worth $53,208,049. Company insiders own 4.34% of the company's stock.

Institutional Investors Weigh In On CrowdStrike

Several institutional investors and hedge funds have recently bought and sold shares of the business. Cloud Capital Management LLC bought a new position in shares of CrowdStrike in the 1st quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock worth $26,000 after acquiring an additional 40 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock worth $27,000 after purchasing an additional 58 shares during the period. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the 4th quarter valued at $27,000. Finally, FPC Investment Advisory Inc. lifted its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after buying an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

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.