Shawn Henry Sells 4,000 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) insider Shawn Henry sold 4,000 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, March 21st, Shawn Henry sold 14,815 shares of CrowdStrike stock. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75.

CrowdStrike Stock Performance

CrowdStrike stock opened at $294.10 on Friday. The stock’s 50-day moving average is $318.65 and its 200-day moving average is $262.91. The company has a market cap of $71.13 billion, a price-to-earnings ratio of 816.97, a price-to-earnings-growth ratio of 11.96 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. The company had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Equities analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several research analyst reports. Stifel Nicolaus increased their price objective on CrowdStrike from $315.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Evercore ISI increased their price objective on CrowdStrike from $255.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Needham & Company LLC increased their price objective on CrowdStrike from $325.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Robert W. Baird raised their price target on CrowdStrike from $281.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Finally, Wedbush raised their price target on CrowdStrike from $278.00 to $350.00 and gave the company an “outperform” rating in a research report on Tuesday, March 5th. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $371.87.

Hedge Funds Weigh In On CrowdStrike

Large investors have recently modified their holdings of the company. Fairfield Bush & CO. purchased a new stake in shares of CrowdStrike during the 1st quarter valued at about $654,000. MetLife Investment Management LLC purchased a new stake in shares of CrowdStrike during the 1st quarter valued at about $2,930,000. Yousif Capital Management LLC raised its holdings in shares of CrowdStrike by 4.3% during the 1st quarter. Yousif Capital Management LLC now owns 2,934 shares of the company’s stock valued at $666,000 after buying an additional 120 shares during the period. Raymond James Trust N.A. raised its holdings in shares of CrowdStrike by 37.3% during the 1st quarter. Raymond James Trust N.A. now owns 2,830 shares of the company’s stock valued at $643,000 after buying an additional 769 shares during the period. Finally, Synovus Financial Corp raised its holdings in shares of CrowdStrike by 14.4% during the 1st quarter. Synovus Financial Corp now owns 2,930 shares of the company’s stock valued at $658,000 after buying an additional 369 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

About CrowdStrike

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.