Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells 5,505 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,505 shares of the firm’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $1,973,377.35. Following the sale, the insider now owns 110,293 shares of the company’s stock, valued at $39,536,731.71. This trade represents a 4.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Monday, December 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00.
• On Friday, November 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00.
• On Tuesday, October 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00.

CrowdStrike Trading Down 0.2 %

CrowdStrike stock traded down $0.71 during mid-day trading on Thursday, hitting $365.08. The company’s stock had a trading volume of 1,231,441 shares, compared to its average volume of 4,899,705. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The stock has a market cap of $89.92 billion, a PE ratio of 715.86, a P/E/G ratio of 19.48 and a beta of 1.11. The company has a 50 day moving average of $340.37 and a 200-day moving average of $316.02. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Analyst Upgrades and Downgrades

CRWD has been the subject of several recent analyst reports. Stifel Nicolaus boosted their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Jefferies Financial Group upped their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Robert W. Baird lifted their price objective on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Royal Bank of Canada decreased their target price on CrowdStrike from $370.00 to $365.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 27th. Finally, Cantor Fitzgerald lifted their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $364.25.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Checchi Capital Advisers LLC purchased a new stake in shares of CrowdStrike in the second quarter valued at approximately $205,000. Whittier Trust Co. raised its position in CrowdStrike by 55.2% during the 2nd quarter. Whittier Trust Co. now owns 843 shares of the company’s stock valued at $323,000 after purchasing an additional 300 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of CrowdStrike by 23.0% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 289 shares of the company’s stock worth $111,000 after buying an additional 54 shares during the period. Principal Financial Group Inc. grew its position in shares of CrowdStrike by 429.2% during the 2nd quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock worth $114,360,000 after buying an additional 242,052 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its stake in shares of CrowdStrike by 305.1% during the second quarter. Crossmark Global Holdings Inc. now owns 12,441 shares of the company’s stock valued at $4,767,000 after buying an additional 9,370 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

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.