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

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has received a consensus rating of “Moderate Buy” from the forty-four research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, twenty-nine have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $376.00.

Several equities research analysts recently weighed in on the stock. KeyCorp upped their target price on shares of CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. The Goldman Sachs Group upped their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. Scotiabank increased their price objective on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 21st. Piper Sandler increased their price objective 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. Finally, Needham & Company LLC increased their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th.

Insider Transactions at CrowdStrike

In other news, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the sale, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This trade represents a 41.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 17,120 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the sale, the director now owns 780,592 shares of the company’s stock, valued at $334,194,852.96. This trade represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 132,565 shares of company stock worth $49,235,849. Company insiders own 4.34% of the company’s stock.

Institutional Trading of CrowdStrike

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike in the third quarter valued at about $28,000. Fortitude Family Office LLC lifted its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. FPC Investment Advisory Inc. lifted its stake in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares during the period. Finally, Castleview Partners LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at about $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD opened at $451.74 on Friday. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $454.13. The firm’s 50 day moving average price is $376.70 and its 200 day moving average price is $322.24. The company has a market cap of $111.27 billion, a P/E ratio of 885.78, a PEG ratio of 17.22 and a beta of 1.16. The company has a quick ratio of 1.86, a current 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.