CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Sells $331,990.20 in Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWDGet Free Report) CAO Anurag Saha sold 1,019 shares of CrowdStrike stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the transaction, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

CrowdStrike Trading Down 0.6 %

NASDAQ CRWD opened at $327.58 on Monday. The stock has a market cap of $79.23 billion, a P/E ratio of 909.97, a P/E/G ratio of 13.30 and a beta of 1.06. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 12-month low of $115.67 and a 12-month high of $365.00. The company has a fifty day simple moving average of $312.45 and a two-hundred day simple moving average of $244.55.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several research analyst reports. Piper Sandler lifted their price objective on CrowdStrike from $300.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. Wells Fargo & Company lifted their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. UBS Group increased their target price on CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Royal Bank of Canada lifted their price target on CrowdStrike from $357.00 to $420.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. Finally, Oppenheimer increased their price objective on CrowdStrike from $300.00 to $355.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $373.29.

Get Our Latest Research Report on CRWD

Hedge Funds Weigh In On CrowdStrike

A number of large investors have recently bought and sold shares of the business. Morgan Stanley lifted its holdings in CrowdStrike by 124.4% during the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after purchasing an additional 2,757,251 shares in the last quarter. Norges Bank acquired a new stake in CrowdStrike in the 4th quarter worth about $683,336,000. Alliancebernstein L.P. increased its stake in CrowdStrike by 1,593.7% during the 2nd quarter. Alliancebernstein L.P. now owns 2,643,904 shares of the company’s stock worth $388,310,000 after buying an additional 2,487,806 shares in the last quarter. BlackRock Inc. raised its holdings in shares of CrowdStrike by 17.6% during the second quarter. BlackRock Inc. now owns 16,070,200 shares of the company’s stock valued at $2,360,230,000 after acquiring an additional 2,401,659 shares during the last quarter. Finally, Pathstone Holdings LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at approximately $450,418,000. Institutional investors and hedge funds own 63.53% of the company’s stock.

About CrowdStrike

(Get Free Report)

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.

Further Reading

Insider Buying and Selling by Quarter for CrowdStrike (NASDAQ:CRWD)

Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.