Sameer K. Gandhi Sells 6,250 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the completion of the transaction, the director now owns 805,592 shares in the company, valued at $332,218,084.88. The trade was a 0.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

CrowdStrike Stock Performance

Shares of CRWD opened at $421.59 on Friday. The stock has a market capitalization of $103.84 billion, a P/E ratio of 826.66, a P/E/G ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $431.33. 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’s 50 day moving average is $367.00 and its 200-day moving average is $314.86.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Barclays upped their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Robert W. Baird reaffirmed a “neutral” rating and issued a $430.00 price objective (up previously from $390.00) on shares of CrowdStrike in a research report on Monday, February 3rd. Bank of America boosted their target price on shares of CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. KeyCorp raised their price target on shares of CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $370.00.

Institutional Investors Weigh In On CrowdStrike

Institutional investors and hedge funds have recently modified their holdings of the stock. Empirical Asset Management LLC acquired a new position in shares of CrowdStrike in the fourth quarter worth about $11,310,000. Beacon Financial Advisory LLC acquired a new position in CrowdStrike in the 3rd quarter worth approximately $955,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of CrowdStrike by 10.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after buying an additional 78,305 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its stake in CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after acquiring an additional 2,863 shares in the last quarter. Finally, Hemenway Trust Co LLC boosted its position in CrowdStrike by 356.8% during the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock worth $1,922,000 after acquiring an additional 5,352 shares during the period. Institutional investors and hedge funds 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.