CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Insider Shawn Henry Sells 4,500 Shares of Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,500 shares of the stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $382.93, for a total value of $1,723,185.00. Following the sale, the insider now owns 200,672 shares of the company’s stock, valued at approximately $76,843,328.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, May 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $333.52, for a total transaction of $1,334,080.00.
• On Monday, April 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00.
• On Thursday, March 21st, Shawn Henry sold 14,815 shares of CrowdStrike stock. The shares were sold at an average price of $325.85, for a total transaction of $4,827,467.75.

CrowdStrike Stock Up 1.3 %

NASDAQ:CRWD opened at $390.43 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. The firm has a market cap of $95.02 billion, a PE ratio of 736.66, a price-to-earnings-growth ratio of 19.26 and a beta of 1.08. The company has a 50-day moving average of $326.78 and a 200 day moving average of $305.38. CrowdStrike Holdings, Inc. has a 1-year low of $139.37 and a 1-year high of $394.64.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently modified their holdings of the business. CVA Family Office LLC purchased a new stake in CrowdStrike during the fourth quarter worth $26,000. Hexagon Capital Partners LLC bought a new stake in CrowdStrike during the fourth quarter valued at about $26,000. Silver Oak Securities Incorporated purchased a new position in CrowdStrike in the third quarter valued at about $27,000. Bear Mountain Capital Inc. bought a new position in CrowdStrike in the fourth quarter worth about $27,000. Finally, Trivant Custom Portfolio Group LLC bought a new stake in shares of CrowdStrike in the 1st quarter valued at about $30,000. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on CRWD. FBN Securities upgraded CrowdStrike to a “strong-buy” rating in a research report on Wednesday, June 5th. Wells Fargo & Company lifted their price objective on CrowdStrike from $315.00 to $380.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. TD Cowen increased their target price on CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Wedbush cut their target price on shares of CrowdStrike from $390.00 to $385.00 and set an “outperform” rating for the company in a report on Wednesday, June 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of CrowdStrike from $371.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, May 29th. One investment analyst has rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $380.62.

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.