Analysts Set CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Target Price at $369.00

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have been assigned a consensus rating of “Moderate Buy” from the forty-three ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $369.00.

Several analysts have issued reports on CRWD shares. Scotiabank upped their price target on shares of CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Stifel Nicolaus raised their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. BMO Capital Markets boosted their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Citigroup raised their price objective on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Finally, KeyCorp boosted their target price on CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares in the company, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock worth $38,935,113 in the last ninety days. 4.34% of the stock is owned by insiders.

Institutional Trading of CrowdStrike

Hedge funds and other institutional investors have recently made changes to their positions in the company. Empirical Asset Management LLC bought a new stake in CrowdStrike during the 4th quarter worth approximately $11,310,000. Beacon Financial Advisory LLC bought a new stake in shares of CrowdStrike in the third quarter worth $955,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in CrowdStrike by 10.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after purchasing an additional 78,305 shares during the period. Doliver Advisors LP raised its position in CrowdStrike by 223.2% during the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after purchasing an additional 4,664 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its holdings in CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after buying an additional 2,863 shares during the period. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $374.92 on Wednesday. CrowdStrike has a 52 week low of $200.81 and a 52 week high of $398.33. The stock has a market capitalization of $92.35 billion, a PE ratio of 735.15, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a 50 day moving average price of $357.88 and a 200 day moving average price of $312.43.

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.