Shawn Henry Sells 5,096 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 5,096 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.43, for a total value of $1,826,559.28. Following the completion of the transaction, the insider now owns 84,618 shares of the company’s stock, valued at $30,329,629.74. The trade was a 5.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, March 24th, Shawn Henry sold 2,547 shares of CrowdStrike stock. The stock was sold at an average price of $365.96, for a total value of $932,100.12.
• On Monday, March 17th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00.
• On Tuesday, February 18th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00.
• On Wednesday, January 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00.

CrowdStrike Stock Up 3.3 %

NASDAQ:CRWD traded up $12.31 during trading hours on Tuesday, hitting $384.95. 4,255,664 shares of the company traded hands, compared to its average volume of 4,778,697. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market cap of $95.42 billion, a PE ratio of 754.82, a PEG ratio of 17.86 and a beta of 1.19. The firm’s 50-day simple moving average is $387.90 and its 200-day simple moving average is $347.04. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

Institutional Trading of CrowdStrike

Several institutional investors and hedge funds have recently made changes to their positions in the company. Berbice Capital Management LLC bought a new stake in CrowdStrike in the 4th quarter worth about $27,000. Fortitude Family Office LLC boosted its stake in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares during the last quarter. FPC Investment Advisory Inc. grew its holdings in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares in the last quarter. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $34,000. Finally, Crowley Wealth Management Inc. bought a new stake in CrowdStrike during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent research reports. Stifel Nicolaus cut their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Evercore ISI lifted their target price on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Susquehanna increased their price target on CrowdStrike from $400.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, March 5th. BMO Capital Markets lifted their price objective on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, KeyCorp reduced their target price on CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $400.26.

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.