CrowdStrike (NASDAQ:CRWD – Get Free Report) CAO Anurag Saha sold 1,530 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $479.78, for a total value of $734,063.40. Following the sale, the chief accounting officer directly owned 44,562 shares of the company’s stock, valued at approximately $21,379,956.36. This represents a 3.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Anurag Saha also recently made the following trade(s):
- On Wednesday, September 24th, Anurag Saha sold 1,762 shares of CrowdStrike stock. The stock was sold at an average price of $482.41, for a total value of $850,006.42.
CrowdStrike Trading Down 0.5%
Shares of NASDAQ CRWD opened at $476.35 on Friday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90. The company has a market cap of $120.09 billion, a price-to-earnings ratio of -378.06, a P/E/G ratio of 114.76 and a beta of 1.09. The business has a fifty day simple moving average of $514.35 and a 200-day simple moving average of $482.52.
Analyst Ratings Changes
Several equities research analysts recently commented on the stock. BMO Capital Markets upped their price target on shares of CrowdStrike from $500.00 to $555.00 and gave the company an “outperform” rating in a research report on Wednesday, December 3rd. Piper Sandler lifted their price objective on shares of CrowdStrike from $450.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Rosenblatt Securities reissued a “buy” rating and set a $630.00 target price on shares of CrowdStrike in a research note on Wednesday, December 3rd. Citizens Jmp restated a “market outperform” rating and issued a $500.00 target price on shares of CrowdStrike in a report on Wednesday, December 3rd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CrowdStrike in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $555.10.
Check Out Our Latest Report on CRWD
Hedge Funds Weigh In On CrowdStrike
A number of hedge funds have recently modified their holdings of the stock. Asset Planning Inc purchased a new position in CrowdStrike in the third quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of CrowdStrike during the 3rd quarter worth about $25,000. Anchor Investment Management LLC acquired a new stake in shares of CrowdStrike during the 3rd quarter valued at about $25,000. AlphaQuest LLC bought a new stake in shares of CrowdStrike in the 2nd quarter valued at approximately $26,000. Finally, Logan Capital Management Inc. acquired a new position in CrowdStrike in the third quarter worth approximately $26,000. 71.16% of the stock is owned by institutional investors and hedge funds.
CrowdStrike Company Profile
CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.
The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.
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