Brokerages Set CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Target Price at $400.88

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

A number of equities analysts have commented on CRWD shares. Guggenheim reissued a "neutral" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Raymond James lowered shares of CrowdStrike from an "outperform" rating to a "cautious" rating in a report on Monday, March 10th. UBS Group dropped their target price on shares of CrowdStrike from $450.00 to $425.00 and set a "buy" rating for the company in a research note on Wednesday, March 5th. Jefferies Financial Group decreased their price target on shares of CrowdStrike from $425.00 to $410.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Finally, Canaccord Genuity Group boosted their price objective on shares of CrowdStrike from $370.00 to $420.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd.

CrowdStrike Price Performance

Shares of CrowdStrike stock traded down $9.40 during midday trading on Monday, hitting $368.61. 4,544,385 shares of the company were exchanged, compared to its average volume of 4,992,873. CrowdStrike has a 52 week low of $200.81 and a 52 week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a 50 day simple moving average of $380.72 and a 200-day simple moving average of $354.19. The firm has a market cap of $91.37 billion, a P/E ratio of 722.78, a PEG ratio of 17.86 and a beta of 1.28.

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Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the transaction, the director now directly owns 768,092 shares in the company, valued at $248,984,702.72. The trade was a 0.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Michael Sentonas sold 13,543 shares of the firm's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the completion of the sale, the president now owns 405,308 shares of the company's stock, valued at $145,351,554.96. This trade represents a 3.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,801 shares of company stock worth $45,553,642 over the last ninety days. 4.34% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Arthur M. Cohen & Associates LLC boosted its position in CrowdStrike by 4.5% during the first quarter. Arthur M. Cohen & Associates LLC now owns 19,260 shares of the company's stock worth $6,791,000 after purchasing an additional 822 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of CrowdStrike by 8.9% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 539 shares of the company's stock worth $190,000 after buying an additional 44 shares during the last quarter. Lake Street Private Wealth LLC boosted its holdings in shares of CrowdStrike by 3.6% during the 1st quarter. Lake Street Private Wealth LLC now owns 16,005 shares of the company's stock worth $5,643,000 after buying an additional 555 shares during the period. Cypress Wealth Services LLC grew its stake in CrowdStrike by 8.5% in the 1st quarter. Cypress Wealth Services LLC now owns 641 shares of the company's stock valued at $226,000 after buying an additional 50 shares during the last quarter. Finally, Grassi Investment Management raised its holdings in CrowdStrike by 50.0% in the 1st quarter. Grassi Investment Management now owns 1,050 shares of the company's stock valued at $370,000 after acquiring an additional 350 shares during the period. 71.16% of the stock is 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.