CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have received an average recommendation of “Moderate Buy” from the forty-three analysts that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, thirty have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $364.25.

A number of research analysts have recently issued reports on the stock. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Needham & Company LLC lifted their target price on CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Wedbush set a $330.00 price objective on CrowdStrike in a research note on Thursday, October 17th. DA Davidson reiterated a “buy” rating and issued a $310.00 target price on shares of CrowdStrike in a report on Wednesday, September 18th. Finally, Piper Sandler raised their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th.

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $320.38, for a total value of $2,002,375.00. Following the transaction, the director now owns 821,766 shares in the company, valued at approximately $263,277,391.08. The trade was a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 2,858 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $364.29, for a total value of $1,041,140.82. Following the sale, the chief accounting officer now owns 38,201 shares of the company’s stock, valued at $13,916,242.29. This represents a 6.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 110,351 shares of company stock valued at $38,595,056. 4.34% of the stock is currently owned by corporate insiders.

Institutional Trading of CrowdStrike

Several hedge funds and other institutional investors have recently bought and sold shares of CRWD. Moloney Securities Asset Management LLC raised its holdings in CrowdStrike by 7.3% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 924 shares of the company’s stock valued at $354,000 after buying an additional 63 shares during the last quarter. Maryland State Retirement & Pension System boosted its holdings in shares of CrowdStrike by 2.4% during the second quarter. Maryland State Retirement & Pension System now owns 17,002 shares of the company’s stock worth $6,515,000 after purchasing an additional 393 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of CrowdStrike by 6.5% in the second quarter. Pinnacle Associates Ltd. now owns 17,032 shares of the company’s stock worth $6,526,000 after purchasing an additional 1,043 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its holdings in CrowdStrike by 1.3% during the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 3,629 shares of the company’s stock valued at $1,391,000 after purchasing an additional 48 shares during the period. Finally, Blue Fin Capital Inc. raised its position in CrowdStrike by 11.2% during the 2nd quarter. Blue Fin Capital Inc. now owns 9,989 shares of the company’s stock valued at $3,828,000 after purchasing an additional 1,010 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Down 2.8 %

CRWD opened at $354.99 on Friday. The company has a fifty day moving average price of $342.36 and a two-hundred day moving average price of $316.22. CrowdStrike has a 1-year low of $200.81 and a 1-year high of $398.33. The company has a market cap of $87.44 billion, a P/E ratio of 696.07, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.