CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Get Free Report) hit a new 52-week high on Saturday . The stock traded as high as $459.93 and last traded at $455.59, with a volume of 4482866 shares traded. The stock had previously closed at $444.07.
Analyst Ratings Changes
A number of research firms have weighed in on CRWD. Robert W. Baird cut their target price on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a research report on Wednesday, March 5th. Jefferies Financial Group restated a "buy" rating on shares of CrowdStrike in a research note on Wednesday, May 7th. Royal Bank of Canada restated an "outperform" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. JPMorgan Chase & Co. lifted their price target on CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research note on Friday, February 28th. Finally, Susquehanna lifted their price objective on shares of CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research report on Wednesday, March 5th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $403.83.
View Our Latest Analysis on CrowdStrike
CrowdStrike Stock Performance
The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $117.00 billion, a price-to-earnings ratio of 925.54, a PEG ratio of 17.86 and a beta of 1.22. The stock's 50 day moving average is $396.65 and its 200 day moving average is $380.76.
Insider Buying and Selling
In related news, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. The trade was a 3.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the sale, the director now owns 768,092 shares of the company's stock, valued at $248,984,702.72. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 185,431 shares of company stock valued at $74,472,548. 3.32% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On CrowdStrike
Hedge funds and other institutional investors have recently modified their holdings of the stock. Cloud Capital Management LLC acquired a new position in CrowdStrike in the first quarter valued at about $25,000. Vision Financial Markets LLC acquired a new stake in CrowdStrike during the 1st quarter worth $26,000. Atlantic Edge Private Wealth Management LLC lifted its stake in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after buying an additional 40 shares during the period. E Fund Management Hong Kong Co. Ltd. raised its position 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 valued at $27,000 after acquiring an additional 58 shares during the period. Finally, FPC Investment Advisory Inc. increased its position in shares of CrowdStrike by 811.1% in 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. 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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