CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CFO Burt W. Podbere Sells 15,753 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CFO Burt W. Podbere sold 15,753 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $305.15, for a total transaction of $4,807,027.95. Following the transaction, the chief financial officer now owns 313,994 shares in the company, valued at $95,815,269.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

CrowdStrike Stock Up 2.4 %

Shares of CRWD opened at $317.81 on Tuesday. The firm has a market capitalization of $76.87 billion, a price-to-earnings ratio of 882.83, a PEG ratio of 12.41 and a beta of 1.08. CrowdStrike Holdings, Inc. has a 52 week low of $125.40 and a 52 week high of $365.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76. The business’s fifty day moving average price is $313.41 and its two-hundred day moving average price is $274.24.

CrowdStrike (NASDAQ:CRWD) last announced 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. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The firm had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. On average, analysts predict that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CRWD. HSBC raised their price target on CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. UBS Group raised their price objective on shares of CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Susquehanna boosted their target price on shares of CrowdStrike from $330.00 to $410.00 and gave the stock a “positive” rating in a research report on Thursday, March 7th. Mizuho increased their price target on shares of CrowdStrike from $360.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, Royal Bank of Canada upped their price objective on shares of CrowdStrike from $357.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.87.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently bought and sold shares of CRWD. CVA Family Office LLC bought a new position in CrowdStrike in the fourth quarter valued at approximately $26,000. Hexagon Capital Partners LLC bought a new stake in shares of CrowdStrike during the fourth quarter worth $26,000. Silver Oak Securities Incorporated acquired a new stake in shares of CrowdStrike during the third quarter worth $27,000. Bear Mountain Capital Inc. acquired a new stake in shares of CrowdStrike in the 4th quarter valued at about $27,000. Finally, Trivant Custom Portfolio Group LLC bought a new stake in CrowdStrike in the 1st quarter valued at approximately $30,000. 71.16% of the stock is owned by 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.