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

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have earned an average rating of “Moderate Buy” from the forty-three ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $369.00.

Several equities analysts recently commented on CRWD shares. Scotiabank upped their price target on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a report on Tuesday. The Goldman Sachs Group upped their target price on CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research note on Tuesday, December 24th. Susquehanna raised their price target on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research note on Wednesday, November 27th. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a research report on Wednesday, November 27th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $330.00 target price on shares of CrowdStrike in a research report on Monday, September 30th.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the sale, the director now owns 816,730 shares in the company, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock valued at $38,935,113 in the last three months. 4.34% of the stock is owned by insiders.

Institutional Trading of CrowdStrike

Several large investors have recently made changes to their positions in the business. Abich Financial Wealth Management LLC acquired a new position in CrowdStrike during the second quarter valued at $25,000. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at about $27,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike in the third quarter worth about $28,000. Fortitude Family Office LLC grew its holdings in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Finally, Tsfg LLC raised its position in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 2.6 %

NASDAQ CRWD opened at $366.41 on Wednesday. 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 has a 52 week low of $200.81 and a 52 week high of $398.33. The firm has a market capitalization of $90.25 billion, a price-to-earnings ratio of 718.47, a PEG ratio of 18.99 and a beta of 1.14. The company has a fifty day moving average of $356.16 and a two-hundred day moving average of $311.67.

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.