CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have been assigned a consensus recommendation of “Moderate Buy” from the forty-five ratings firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $400.76.

A number of research firms recently issued reports on CRWD. Morgan Stanley lowered their target price on shares of CrowdStrike from $429.00 to $415.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $450.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Raymond James lowered CrowdStrike from an “outperform” rating to a “cautious” rating in a research note on Monday, March 10th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Truist Financial lowered their target price on CrowdStrike from $460.00 to $450.00 and set a “buy” rating on the stock in a report on Monday, March 31st.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the transaction, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gerhard Watzinger sold 10,500 shares of the stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $409.00, for a total value of $4,294,500.00. Following the completion of the sale, the director now owns 42,391 shares of the company’s stock, valued at $17,337,919. This trade represents a 19.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 132,875 shares of company stock valued at $50,491,736. Company insiders own 4.34% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

Large investors have recently made changes to their positions in the stock. Pine Valley Investments Ltd Liability Co grew its stake in shares of CrowdStrike by 6.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 3,865 shares of the company’s stock worth $1,084,000 after acquiring an additional 236 shares in the last quarter. World Investment Advisors LLC grew its position in CrowdStrike by 24.7% in the third quarter. World Investment Advisors LLC now owns 2,514 shares of the company’s stock valued at $705,000 after purchasing an additional 498 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in CrowdStrike in the third quarter valued at $1,319,000. Tidal Investments LLC grew its holdings in shares of CrowdStrike by 7.5% during the 3rd quarter. Tidal Investments LLC now owns 24,813 shares of the company’s stock worth $6,959,000 after purchasing an additional 1,740 shares in the last quarter. Finally, Peapack Gladstone Financial Corp bought a new position in shares of CrowdStrike in the third quarter worth $497,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.7 %

Shares of CRWD stock opened at $431.88 on Friday. CrowdStrike has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a market cap of $107.05 billion, a PE ratio of 846.84, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The business’s 50 day moving average is $370.57 and its two-hundred day moving average is $364.59.

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.