Analysts Set CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Target Price at $398.78

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have earned an average recommendation of “Moderate Buy” from the forty-four analysts that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirty have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $398.78.

Several analysts recently issued reports on CRWD shares. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $420.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $440.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Jefferies Financial Group lowered their price objective on CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of CrowdStrike in a report on Wednesday, March 5th.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $353.73 on Thursday. The firm has a market cap of $87.13 billion, a price-to-earnings ratio of 693.60, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The stock’s 50-day moving average is $385.70 and its 200-day moving average is $341.31. CrowdStrike has a one year low of $200.81 and a one year high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insider Buying and Selling at CrowdStrike

In related news, President Michael Sentonas sold 10,801 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now directly owns 389,589 shares in the company, valued at $139,655,968.83. The trade was a 2.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now owns 115,798 shares in the company, valued at approximately $42,629,875.72. This trade represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 100,315 shares of company stock valued at $38,387,254 in the last ninety days. Corporate insiders own 4.34% of the company’s stock.

Institutional Trading of CrowdStrike

Large investors have recently added to or reduced their stakes in the company. FSA Wealth Management LLC boosted its stake in shares of CrowdStrike by 11.2% in the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company’s stock worth $78,000 after buying an additional 23 shares during the last quarter. Jacobi Capital Management LLC raised its holdings in CrowdStrike by 1.9% in the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after purchasing an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC raised its holdings in CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after purchasing an additional 27 shares during the period. Wintrust Investments LLC raised its holdings in CrowdStrike by 4.2% in the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after purchasing an additional 29 shares during the period. Finally, Synergy Financial Group LTD raised its holdings in CrowdStrike by 0.8% in the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after purchasing an additional 30 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Company Profile

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.