CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Roxanne S. Austin Sells 10,000 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Director Roxanne S. Austin sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $390.01, for a total value of $3,900,100.00. Following the transaction, the director now owns 18,297 shares of the company’s stock, valued at $7,136,012.97. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

CrowdStrike Price Performance

CRWD opened at $383.19 on Friday. CrowdStrike Holdings, Inc. has a 12-month low of $139.37 and a 12-month high of $394.64. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $341.55 and its 200-day simple moving average is $313.47. The company has a market capitalization of $93.25 billion, a price-to-earnings ratio of 723.01, a PEG ratio of 19.04 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, June 4th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. The firm had revenue of $921.04 million for the quarter, compared to the consensus estimate of $904.82 million. On average, equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.91 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CRWD. Morgan Stanley boosted their price objective on CrowdStrike from $372.00 to $422.00 and gave the company an “overweight” rating in a research note on Tuesday, May 28th. Wedbush lowered their price target on CrowdStrike from $390.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, June 5th. DA Davidson lowered their price target on CrowdStrike from $425.00 to $380.00 and set a “buy” rating on the stock in a report on Wednesday, June 5th. Susquehanna boosted their price target on CrowdStrike from $330.00 to $410.00 and gave the stock a “positive” rating in a report on Thursday, March 7th. Finally, Stifel Nicolaus boosted their price target on CrowdStrike from $315.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. One equities research 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, CrowdStrike presently has a consensus rating of “Buy” and an average target price of $380.62.

Hedge Funds Weigh In On CrowdStrike

Hedge funds and other institutional investors have recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC purchased a new stake in shares of CrowdStrike during the 1st quarter worth $30,000. CVA Family Office LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth $26,000. Hexagon Capital Partners LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth $26,000. Future Financial Wealth Managment LLC purchased a new stake in shares of CrowdStrike during the 1st quarter worth $32,000. Finally, MCF Advisors LLC purchased a new stake in shares of CrowdStrike during the 1st quarter worth $32,000. Institutional investors 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.