CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Get Rating) CAO Anurag Saha sold 3,032 shares of CrowdStrike stock in a transaction that occurred on Wednesday, September 21st. The stock was sold at an average price of $173.67, for a total transaction of $526,567.44. Following the sale, the chief accounting officer now owns 27,999 shares in the company, valued at $4,862,586.33. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
CrowdStrike Stock Performance
Shares of CRWD stock opened at $160.39 on Friday. The firm has a market capitalization of $37.43 billion, a PE ratio of -213.85 and a beta of 1.27. The firm has a fifty day simple moving average of $184.83 and a two-hundred day simple moving average of $185.87. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.60. CrowdStrike Holdings, Inc. has a 12 month low of $130.00 and a 12 month high of $298.48.
Get CrowdStrike alerts:CrowdStrike (NASDAQ:CRWD – Get Rating) last announced its quarterly earnings results on Tuesday, August 30th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.08. The business had revenue of $535.15 million during the quarter, compared to analyst estimates of $516.44 million. CrowdStrike had a negative net margin of 9.45% and a negative return on equity of 12.96%. CrowdStrike's quarterly revenue was up 58.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.21) EPS. Analysts forecast that CrowdStrike Holdings, Inc. will post -0.76 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently commented on CRWD. Mizuho lifted their target price on shares of CrowdStrike to $230.00 in a research report on Tuesday, September 6th. Wells Fargo & Company cut their target price on shares of CrowdStrike from $275.00 to $250.00 and set an "overweight" rating on the stock in a research report on Friday, June 3rd. Jefferies Financial Group restated a "buy" rating and set a $215.00 price target on shares of CrowdStrike in a report on Tuesday, August 30th. DA Davidson lowered their price target on shares of CrowdStrike from $280.00 to $235.00 and set a "buy" rating for the company in a report on Friday, June 3rd. Finally, Oppenheimer lowered their price target on shares of CrowdStrike from $300.00 to $250.00 and set an "outperform" rating for the company in a report on Friday, June 3rd. One equities research analyst has rated the stock with a hold rating and thirty have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $241.71.Hedge Funds Weigh In On CrowdStrike
Hedge funds have recently bought and sold shares of the company. Jacobi Capital Management LLC purchased a new position in CrowdStrike during the 1st quarter worth $414,000. Flagship Harbor Advisors LLC boosted its holdings in CrowdStrike by 6.3% during the 1st quarter. Flagship Harbor Advisors LLC now owns 4,356 shares of the company's stock worth $989,000 after acquiring an additional 260 shares during the last quarter. Octavia Wealth Advisors LLC purchased a new position in CrowdStrike during the 1st quarter worth $294,000. Addison Capital Co purchased a new position in CrowdStrike during the 1st quarter worth $933,000. Finally, Scotia Capital Inc. boosted its holdings in CrowdStrike by 6.1% during the 1st quarter. Scotia Capital Inc. now owns 1,955 shares of the company's stock worth $444,000 after acquiring an additional 112 shares during the last quarter. 67.43% of the stock is owned by hedge funds and other institutional investors.
CrowdStrike Company Profile
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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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