Johanna Flower Sells 2,974 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Get Free Report) Director Johanna Flower sold 2,974 shares of the company's stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $362.48, for a total value of $1,078,015.52. Following the completion of the transaction, the director now directly owns 82,875 shares of the company's stock, valued at approximately $30,040,530. This represents a 3.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

CrowdStrike Stock Up 7.3 %

Shares of CRWD stock traded up $28.30 during midday trading on Thursday, reaching $414.05. 4,613,695 shares of the stock were exchanged, compared to its average volume of 5,035,006. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The firm has a market cap of $102.63 billion, a PE ratio of 811.88, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The company's 50 day moving average is $371.32 and its two-hundred day moving average is $359.55.

Analyst Upgrades and Downgrades

CRWD has been the subject of a number of research reports. Cantor Fitzgerald reissued an "overweight" rating and set a $440.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Barclays dropped their price target on CrowdStrike from $506.00 to $475.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 5th. KeyCorp cut their target price on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a research report on Wednesday, March 5th. Bank of America lifted their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Finally, DA Davidson raised their price target on CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $400.76.

Hedge Funds Weigh In On CrowdStrike

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRWD. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares during the last quarter. Berbice Capital Management LLC bought a new position in CrowdStrike in the 4th quarter worth approximately $27,000. FPC Investment Advisory Inc. grew its stake in CrowdStrike by 811.1% during 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. Fortitude Family Office LLC grew its stake in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. Finally, Sound Income Strategies LLC increased its holdings in CrowdStrike by 77.6% in the 1st quarter. Sound Income Strategies LLC now owns 87 shares of the company's stock valued at $31,000 after acquiring an additional 38 shares during the last quarter. 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.