CrowdStrike (NASDAQ:CRWD - Get Free Report) Director Roxanne S. Austin sold 15,000 shares of the company's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the transaction, the director now owns 18,858 shares in the company, valued at approximately $9,385,060.86. The trade was a 44.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
CrowdStrike Stock Performance
CRWD stock traded down $5.89 during trading hours on Friday, reaching $499.33. The stock had a trading volume of 3,464,614 shares, compared to its average volume of 4,797,111. The stock has a market capitalization of $124.46 billion, a PE ratio of -723.67 and a beta of 1.16. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a 50-day simple moving average of $452.08 and a 200 day simple moving average of $401.30. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $508.04.
CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.07. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The company's revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 earnings per share. Analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have issued reports on CRWD. Stifel Nicolaus upped their target price on shares of CrowdStrike from $480.00 to $495.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. UBS Group restated a "buy" rating on shares of CrowdStrike in a research report on Tuesday, June 3rd. Morgan Stanley upped their target price on shares of CrowdStrike from $455.00 to $490.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Roth Capital upped their price target on CrowdStrike from $410.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Finally, DZ Bank cut CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price target for the company. in a research note on Thursday, May 22nd. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have given a buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and an average target price of $453.88.
Read Our Latest Analysis on CrowdStrike
Institutional Trading of CrowdStrike
A number of large investors have recently added to or reduced their stakes in CRWD. Norges Bank acquired a new stake in CrowdStrike in the fourth quarter valued at $1,111,542,000. Nuveen LLC acquired a new stake in CrowdStrike in the first quarter valued at $595,766,000. Jennison Associates LLC lifted its stake in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock valued at $2,314,785,000 after acquiring an additional 1,144,295 shares during the last quarter. GAMMA Investing LLC lifted its stake in CrowdStrike by 50,536.2% in the first quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company's stock valued at $383,132,000 after acquiring an additional 1,084,506 shares during the last quarter. Finally, Pathstone Holdings LLC lifted its stake in CrowdStrike by 379.0% in the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock valued at $440,116,000 after acquiring an additional 1,017,678 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.
About CrowdStrike
(
Get Free Report)
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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