CrowdStrike (NASDAQ:CRWD – Get Free Report) CAO Anurag Saha sold 2,234 shares of the firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.68, for a total value of $1,107,349.12. Following the completion of the sale, the chief accounting officer directly owned 39,017 shares in the company, valued at approximately $19,339,946.56. The trade was a 5.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Anurag Saha also recently made the following trade(s):
- On Wednesday, September 24th, Anurag Saha sold 1,762 shares of CrowdStrike stock. The shares were sold at an average price of $482.41, for a total transaction of $850,006.42.
CrowdStrike Stock Performance
CrowdStrike stock opened at $473.09 on Friday. The firm’s fifty day moving average price is $443.68 and its 200-day moving average price is $433.66. CrowdStrike has a fifty-two week low of $272.67 and a fifty-two week high of $517.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a market cap of $118.73 billion, a P/E ratio of -397.55, a price-to-earnings-growth ratio of 111.93 and a beta of 1.12.
Wall Street Analysts Forecast Growth
CRWD has been the subject of several recent research reports. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Thursday, August 28th. Wells Fargo & Company boosted their price objective on shares of CrowdStrike from $430.00 to $550.00 and gave the company an “overweight” rating in a research report on Monday, June 2nd. Wedbush reissued a “buy” rating on shares of CrowdStrike in a research report on Thursday, August 28th. Royal Bank Of Canada reissued an “outperform” rating and set a $510.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Truist Financial boosted their target price on CrowdStrike from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $483.79.
Check Out Our Latest Research Report on CrowdStrike
Institutional Trading of CrowdStrike
A number of institutional investors have recently made changes to their positions in the stock. Patron Partners LLC raised its position in shares of CrowdStrike by 2.1% during the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock worth $548,000 after acquiring an additional 22 shares in the last quarter. Real Talk Capital LLC increased its stake in CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after purchasing an additional 24 shares during the last quarter. Tradewinds Capital Management LLC increased its stake in CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company’s stock valued at $51,000 after purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd raised its holdings in CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company’s stock worth $46,000 after purchasing an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. lifted its position in shares of CrowdStrike by 5.9% during the 1st quarter. Ramirez Asset Management Inc. now owns 450 shares of the company’s stock worth $159,000 after buying an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.
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.
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