Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells 4,000 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Get Free Report) insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $333.52, for a total value of $1,334,080.00. Following the sale, the insider now owns 204,961 shares of the company's stock, valued at $68,358,592.72. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, April 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00.
• On Thursday, March 21st, Shawn Henry sold 14,815 shares of CrowdStrike stock. The shares were sold at an average price of $325.85, for a total value of $4,827,467.75.

CrowdStrike Trading Up 4.1 %

Shares of CRWD traded up $13.57 during mid-day trading on Wednesday, reaching $343.12. The stock had a trading volume of 3,139,400 shares, compared to its average volume of 3,411,738. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. The business's fifty day moving average is $313.84 and its 200 day moving average is $280.25. CrowdStrike Holdings, Inc. has a 52-week low of $133.30 and a 52-week high of $365.00. The firm has a market cap of $82.99 billion, a price-to-earnings ratio of 936.66, a P/E/G ratio of 12.77 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The company had revenue of $845.34 million during the quarter, compared to analysts' expectations of $839.08 million. On average, sell-side analysts predict that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

CRWD has been the topic of a number of research analyst reports. Scotiabank boosted their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the company a "sector outperform" rating in a research report on Wednesday, March 6th. Rosenblatt Securities reiterated a "buy" rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, April 8th. Needham & Company LLC raised their target price on CrowdStrike from $325.00 to $350.00 and gave the company a "buy" rating in a research note on Monday, March 4th. Piper Sandler upped their price target on CrowdStrike from $300.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 6th. Finally, Mizuho boosted their target price on shares of CrowdStrike from $360.00 to $390.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $371.87.

Institutional Trading of CrowdStrike

Several institutional investors have recently added to or reduced their stakes in CRWD. Trivant Custom Portfolio Group LLC purchased a new position in shares of CrowdStrike during the first quarter worth $30,000. CVA Family Office LLC acquired a new position in CrowdStrike in the 4th quarter valued at about $26,000. Hexagon Capital Partners LLC purchased a new stake in CrowdStrike during the fourth quarter worth about $26,000. Future Financial Wealth Managment LLC purchased a new stake in shares of CrowdStrike during the first quarter worth $32,000. Finally, MCF Advisors LLC purchased a new stake in CrowdStrike during the 1st quarter worth about $32,000. Institutional investors and hedge funds 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.