Anurag Saha Sells 1,863 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Anurag Saha also recently made the following trade(s):

• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The stock was sold at an average price of $364.29, for a total transaction of $1,041,140.82.

CrowdStrike Trading Down 0.2 %

Shares of CRWD opened at $365.08 on Friday. The firm’s 50-day moving average is $341.47 and its two-hundred day moving average is $316.36. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $89.92 billion, a P/E ratio of 715.86, a PEG ratio of 19.48 and a beta of 1.11.

Institutional Investors Weigh In On CrowdStrike

A number of institutional investors and hedge funds have recently modified their holdings of CRWD. Checchi Capital Advisers LLC acquired a new position in shares of CrowdStrike during the 2nd quarter worth $205,000. Whittier Trust Co. lifted its holdings in shares of CrowdStrike by 55.2% in the second quarter. Whittier Trust Co. now owns 843 shares of the company’s stock valued at $323,000 after purchasing an additional 300 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of CrowdStrike by 23.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 289 shares of the company’s stock valued at $111,000 after purchasing an additional 54 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of CrowdStrike by 429.2% during the 2nd quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock worth $114,360,000 after purchasing an additional 242,052 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in shares of CrowdStrike by 305.1% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 12,441 shares of the company’s stock worth $4,767,000 after purchasing an additional 9,370 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on CRWD shares. Wells Fargo & Company raised their price target on CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Susquehanna raised their target price on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. upped their price target on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Citigroup raised their price objective on shares of CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Finally, BMO Capital Markets upped their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $364.25.

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.