Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Get Rating) have been assigned an average recommendation of "Moderate Buy" from the thirty-two ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and twenty-seven have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $241.71.

Several analysts recently issued reports on CRWD shares. BTIG Research cut their target price on CrowdStrike from $257.00 to $234.00 and set a "buy" rating for the company in a research report on Friday, June 3rd. Canaccord Genuity Group increased their target price on CrowdStrike from $212.00 to $230.00 and gave the stock a "buy" rating in a research report on Wednesday, August 31st. Piper Sandler increased their target price on CrowdStrike from $230.00 to $240.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 31st. Royal Bank of Canada raised their price target on CrowdStrike from $232.00 to $236.00 and gave the company an "outperform" rating in a report on Wednesday, August 31st. Finally, DA Davidson cut their price target on CrowdStrike from $280.00 to $235.00 and set a "buy" rating for the company in a report on Friday, June 3rd.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 12,103 shares of CrowdStrike stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $200.52, for a total transaction of $2,426,893.56. Following the completion of the sale, the insider now directly owns 180,252 shares of the company's stock, valued at approximately $36,144,131.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Godfrey Sullivan sold 10,000 shares of CrowdStrike stock in a transaction on Thursday, September 8th. The stock was sold at an average price of $175.01, for a total value of $1,750,100.00. Following the transaction, the director now directly owns 170,000 shares in the company, valued at approximately $29,751,700. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 12,103 shares of CrowdStrike stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $200.52, for a total value of $2,426,893.56. Following the completion of the transaction, the insider now owns 180,252 shares in the company, valued at $36,144,131.04. The disclosure for this sale can be found here. Insiders sold a total of 118,114 shares of company stock valued at $20,787,583 in the last ninety days. Corporate insiders own 6.82% of the company's stock.

Institutional Inflows and Outflows

CrowdStrike Stock Down 0.6 %

NASDAQ CRWD opened at $160.39 on Friday. The stock's 50-day moving average price is $184.83 and its 200-day moving average price is $185.87. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.60. CrowdStrike has a 52 week low of $130.00 and a 52 week high of $298.48. The company has a market capitalization of $37.43 billion, a P/E ratio of -213.85 and a beta of 1.27.

CrowdStrike (NASDAQ:CRWD – Get Rating) last released its earnings results on Tuesday, August 30th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.08. CrowdStrike had a negative return on equity of 12.96% and a negative net margin of 9.45%. The firm had revenue of $535.15 million during the quarter, compared to analysts' expectations of $516.44 million. During the same quarter last year, the business posted ($0.21) earnings per share. The firm's revenue was up 58.5% on a year-over-year basis. On average, equities research analysts predict that CrowdStrike will post -0.76 earnings per share for the current year.

About CrowdStrike

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CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners.

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