CrowdStrike (NASDAQ:CRWD) Shares Down 0.5%

CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Get Free Report)'s stock price fell 0.5% during trading on Monday . The company traded as low as $307.36 and last traded at $307.62. 550,220 shares were traded during trading, a decline of 85% from the average session volume of 3,662,411 shares. The stock had previously closed at $309.05.

Wall Street Analyst Weigh In

A number of brokerages have commented on CRWD. Citigroup increased their target price on CrowdStrike from $320.00 to $425.00 and gave the company a "buy" rating in a report on Thursday, March 7th. KeyCorp increased their target price on CrowdStrike from $375.00 to $430.00 and gave the company an "overweight" rating in a report on Wednesday, March 6th. BTIG Research increased their target price on CrowdStrike from $322.00 to $432.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. Jefferies Financial Group increased their target price on CrowdStrike from $375.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. Finally, Guggenheim raised their price objective on CrowdStrike from $358.00 to $424.00 and gave the stock a "buy" rating in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $373.29.

CrowdStrike Stock Down 3.1 %

The firm has a market capitalization of $72.44 billion, a price-to-earnings ratio of 854.52, a P/E/G ratio of 12.36 and a beta of 1.05. The stock has a 50 day moving average of $319.83 and a 200 day moving average of $260.60. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32.

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

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 15,000 shares of the company's stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $316.82, for a total transaction of $4,752,300.00. Following the completion of the transaction, the director now directly owns 839,234 shares of the company's stock, valued at $265,886,115.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other CrowdStrike news, CAO Anurag Saha sold 1,786 shares of the company's stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $331.52, for a total value of $592,094.72. Following the completion of the sale, the chief accounting officer now directly owns 34,350 shares in the company, valued at $11,387,712. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 15,000 shares of the company's stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $316.82, for a total value of $4,752,300.00. Following the completion of the sale, the director now owns 839,234 shares of the company's stock, valued at $265,886,115.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 241,667 shares of company stock worth $77,205,950. Corporate insiders own 5.68% of the company's stock.

Institutional Investors Weigh In On CrowdStrike

A number of institutional investors have recently added to or reduced their stakes in CRWD. Coppell Advisory Solutions Corp. acquired a new stake in shares of CrowdStrike during the 4th quarter valued at $25,000. CVA Family Office LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at $26,000. Hexagon Capital Partners LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at $26,000. Silver Oak Securities Incorporated purchased a new stake in shares of CrowdStrike in the third quarter valued at $27,000. Finally, Bear Mountain Capital Inc. purchased a new stake in shares of CrowdStrike in the fourth quarter valued at $27,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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.