CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Receives Average Rating of "Moderate Buy" from Analysts

CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Get Free Report) has been given an average recommendation of "Moderate Buy" by the forty-four brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $400.88.

A number of research analysts have issued reports on CRWD shares. Evercore ISI increased their target price on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Robert W. Baird reduced their target price on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a report on Wednesday, March 5th. Cantor Fitzgerald restated an "overweight" rating and issued a $440.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. The Goldman Sachs Group reissued a "buy" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Scotiabank restated a "sector perform" rating on shares of CrowdStrike in a research report on Wednesday, February 5th.

CrowdStrike Stock Up 2.5 %

Shares of CRWD stock traded up $9.29 on Monday, hitting $377.90. 3,378,070 shares of the stock were exchanged, compared to its average volume of 5,010,197. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The business has a 50-day moving average of $380.13 and a 200 day moving average of $355.34. The firm has a market capitalization of $93.67 billion, a P/E ratio of 740.99, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the transaction, the insider now owns 98,214 shares in the company, valued at $34,857,130.74. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 17,120 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the transaction, the director now owns 780,592 shares in the company, valued at $334,194,852.96. The trade was a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,801 shares of company stock worth $45,553,642. 4.34% of the stock is owned by insiders.

Hedge Funds Weigh In On CrowdStrike

A number of institutional investors and hedge funds have recently modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike in the 4th quarter valued at about $27,000. Fortitude Family Office LLC lifted its stake in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after buying an additional 44 shares during the last quarter. FPC Investment Advisory Inc. boosted 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 during the period. Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Crowley Wealth Management Inc. purchased a new position in shares of CrowdStrike during the fourth quarter worth approximately $34,000. 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.