Insider Selling: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Sells $1,802,680.00 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Wednesday, January 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00.
• 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 transaction of $1,656,630.00.

CrowdStrike Trading Down 1.1 %

CRWD stock traded down $5.22 during mid-day trading on Wednesday, reaching $450.14. 2,409,320 shares of the stock traded hands, compared to its average volume of 3,102,585. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The business has a 50-day moving average price of $380.83 and a two-hundred day moving average price of $326.77. The stock has a market capitalization of $110.87 billion, a PE ratio of 882.64, a PEG ratio of 18.50 and a beta of 1.16.

Institutional Trading of CrowdStrike

Several institutional investors have recently added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new position in CrowdStrike in the 4th quarter worth about $27,000. Oakworth Capital Inc. bought a new stake in CrowdStrike during the 3rd quarter valued at $28,000. Fortitude Family Office LLC raised its holdings in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares in the last quarter. FPC Investment Advisory Inc. raised its stake in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Finally, Castleview Partners LLC acquired a new stake in shares of CrowdStrike in the 3rd quarter worth $32,000. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the topic of a number of analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Cantor Fitzgerald boosted their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Stifel Nicolaus upped their price target on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research note on Wednesday. JMP Securities restated a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. Finally, BMO Capital Markets increased their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $379.73.

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.