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

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the transaction, the insider now directly owns 174,591 shares of the company’s stock, valued at $45,521,111.43. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Thursday, August 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00.
• On Monday, July 15th, Shawn Henry sold 4,000 shares of CrowdStrike stock. The shares were sold at an average price of $371.32, for a total value of $1,485,280.00.
• On Monday, June 24th, Shawn Henry sold 8,077 shares of CrowdStrike stock. The stock was sold at an average price of $374.99, for a total value of $3,028,794.23.
• On Friday, June 21st, Shawn Henry sold 5,504 shares of CrowdStrike stock. The shares were sold at an average price of $380.63, for a total value of $2,094,987.52.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $267.12 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average price of $269.19 and a 200-day moving average price of $312.63. The company has a market cap of $65.01 billion, a price-to-earnings ratio of 504.00, a price-to-earnings-growth ratio of 16.14 and a beta of 1.09. CrowdStrike Holdings, Inc. has a 12 month low of $157.59 and a 12 month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 EPS. As a group, equities analysts anticipate that CrowdStrike Holdings, Inc. will post 0.56 EPS for the current year.

Institutional Investors Weigh In On CrowdStrike

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arlington Financial Advisors LLC boosted its holdings in shares of CrowdStrike by 1.5% during the 2nd quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock valued at $778,000 after buying an additional 30 shares in the last quarter. Saturna Capital Corp boosted its stake in CrowdStrike by 2.7% during the first quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock worth $408,000 after acquiring an additional 33 shares in the last quarter. Means Investment CO. Inc. grew its holdings in CrowdStrike by 1.8% in the second quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock worth $741,000 after purchasing an additional 35 shares during the period. Shepherd Financial Partners LLC increased its stake in shares of CrowdStrike by 1.4% during the fourth quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock valued at $645,000 after purchasing an additional 36 shares in the last quarter. Finally, Albion Financial Group UT lifted its holdings in shares of CrowdStrike by 3.7% during the first quarter. Albion Financial Group UT now owns 1,096 shares of the company’s stock valued at $351,000 after purchasing an additional 39 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CRWD has been the subject of several recent research reports. Guggenheim downgraded shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. Wedbush reissued an “outperform” rating and set a $315.00 target price on shares of CrowdStrike in a report on Friday, August 9th. The Goldman Sachs Group cut their price target on CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a report on Thursday, August 15th. Cantor Fitzgerald decreased their price objective on CrowdStrike from $400.00 to $350.00 and set an “overweight” rating on the stock in a research note on Thursday, August 29th. Finally, FBN Securities upgraded CrowdStrike to a “strong-buy” rating in a research note on Wednesday, June 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirty-three have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $327.16.

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.