CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 4,000 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Get Free Report) insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the transaction, the insider now owns 98,214 shares of the company's stock, valued at $34,857,130.74. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, December 23rd, Shawn Henry sold 5,505 shares of CrowdStrike stock. The shares were sold at an average price of $358.47, for a total value of $1,973,377.35.
• On Monday, December 16th, Shawn Henry sold 4,500 shares of CrowdStrike stock. The shares were sold at an average price of $368.14, for a total value 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 transaction of $1,361,760.00.

CrowdStrike Trading Down 1.8 %

CRWD stock traded down $6.38 during midday trading on Friday, hitting $357.00. 5,025,151 shares of the company's stock were exchanged, compared to its average volume of 2,957,510. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $87.93 billion, a PE ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14. The business has a 50-day simple moving average of $355.33 and a two-hundred day simple moving average of $313.16.

Institutional Trading of CrowdStrike

Hedge funds and other institutional investors have recently modified their holdings of the business. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the second quarter worth about $25,000. Fortitude Family Office LLC raised its position 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 purchasing an additional 44 shares during the period. Itau Unibanco Holding S.A. purchased a new position in shares of CrowdStrike during the second quarter worth $33,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of CrowdStrike in the second quarter valued at $38,000. Finally, Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike in the third quarter valued at $28,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CRWD. Jefferies Financial Group raised their target price on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. Barclays lifted their price objective on CrowdStrike from $295.00 to $372.00 and gave the company an "overweight" rating in a research note on Monday, November 18th. Royal Bank of Canada upped their target price on CrowdStrike from $365.00 to $420.00 and gave the stock an "outperform" rating in a research note on Friday, January 3rd. Evercore ISI lifted their price target on CrowdStrike from $325.00 to $400.00 and gave the company an "outperform" rating in a research report on Monday, November 25th. Finally, Needham & Company LLC raised their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average target price of $366.38.

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.