CrowdStrike (NASDAQ:CRWD) Earns “Hold” Rating from Westpark Capital

CrowdStrike (NASDAQ:CRWD)‘s stock had its “hold” rating reiterated by equities researchers at Westpark Capital in a report issued on Wednesday,Benzinga reports.

CRWD has been the topic of several other research reports. CICC Research initiated coverage on CrowdStrike in a report on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective on the stock. Hsbc Global Res lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Cantor Fitzgerald boosted their price target on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Citigroup reiterated a “buy” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Finally, Susquehanna boosted their target price on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $400.10.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $347.73 on Wednesday. CrowdStrike has a one year low of $200.81 and a one year high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market cap of $85.65 billion, a price-to-earnings ratio of 681.84, a PEG ratio of 17.86 and a beta of 1.19. The firm has a 50 day simple moving average of $387.50 and a 200 day simple moving average of $338.08.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the completion of the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 17,120 shares of CrowdStrike stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the transaction, the director now directly owns 780,592 shares in the company, valued at approximately $334,194,852.96. This represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 100,315 shares of company stock valued at $38,387,254. 4.34% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike in the 4th quarter worth about $27,000. FPC Investment Advisory Inc. raised its position in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the period. Fortitude Family Office LLC boosted its stake in 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 acquiring an additional 44 shares during the last quarter. Crowley Wealth Management Inc. bought a new position in shares of CrowdStrike during the 4th quarter valued at approximately $34,000. Finally, Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth approximately $34,000. 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.