CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CEO George Kurtz Sells 56,279 Shares

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CEO George Kurtz sold 56,279 shares of CrowdStrike stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $304.41, for a total value of $17,131,890.39. Following the completion of the sale, the chief executive officer now owns 1,146,048 shares of the company’s stock, valued at $348,868,471.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

George Kurtz also recently made the following trade(s):

• On Thursday, March 21st, George Kurtz sold 78,080 shares of CrowdStrike stock. The shares were sold at an average price of $326.78, for a total transaction of $25,514,982.40.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $317.81 on Tuesday. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $76.87 billion, a PE ratio of 882.83, a PEG ratio of 12.41 and a beta of 1.08. The firm has a 50 day moving average of $313.41 and a 200-day moving average of $274.24. CrowdStrike Holdings, Inc. has a 12 month low of $125.40 and a 12 month high of $365.00.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The firm had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. On average, equities research analysts predict that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. CVA Family Office LLC bought a new stake in shares of CrowdStrike during the 4th quarter valued at approximately $26,000. Hexagon Capital Partners LLC acquired a new stake in CrowdStrike in the fourth quarter valued at approximately $26,000. Silver Oak Securities Incorporated bought a new stake in shares of CrowdStrike during the third quarter worth $27,000. Bear Mountain Capital Inc. acquired a new position in shares of CrowdStrike during the fourth quarter worth $27,000. Finally, Trivant Custom Portfolio Group LLC bought a new position in shares of CrowdStrike in the 1st quarter valued at $30,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. JMP Securities boosted their target price on CrowdStrike from $330.00 to $400.00 and gave the stock a “market outperform” rating in a research report on Wednesday, March 6th. Mizuho upped their target price on shares of CrowdStrike from $360.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. KeyCorp cut their target price on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating on the stock in a report on Thursday, April 18th. Guggenheim boosted their price target on shares of CrowdStrike from $358.00 to $424.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Finally, Jefferies Financial Group raised their price objective on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $371.87.

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.