Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) have been assigned a consensus rating of "Moderate Buy" from the forty-one analysts that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and thirty-one have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $182.47.
Several equities analysts have recently issued reports on the stock. Barclays lowered their target price on shares of CrowdStrike from $180.00 to $155.00 and set an "overweight" rating for the company in a report on Wednesday, November 30th. JMP Securities lowered their target price on shares of CrowdStrike from $275.00 to $235.00 and set a "market outperform" rating for the company in a report on Wednesday, November 30th. Redburn Partners assumed coverage on shares of CrowdStrike in a research report on Thursday, December 1st. They set a "buy" rating and a $175.00 price target for the company. Wells Fargo & Company reduced their price target on shares of CrowdStrike from $210.00 to $165.00 and set an "overweight" rating for the company in a research report on Wednesday, November 30th. Finally, Evercore ISI assumed coverage on shares of CrowdStrike in a research report on Thursday, October 6th. They set an "outperform" rating and a $250.00 price target for the company.
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Insider Activity at CrowdStrike
In related news, Director Denis Oleary sold 39,448 shares of CrowdStrike stock in a transaction on Monday, December 19th. The shares were sold at an average price of $109.00, for a total transaction of $4,299,832.00. Following the transaction, the director now owns 3,887 shares in the company, valued at approximately $423,683. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Denis Oleary sold 39,448 shares of CrowdStrike stock in a transaction on Monday, December 19th. The shares were sold at an average price of $109.00, for a total transaction of $4,299,832.00. Following the transaction, the director now owns 3,887 shares in the company, valued at approximately $423,683. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 51,010 shares of the business's stock in a transaction on Wednesday, December 21st. The stock was sold at an average price of $107.36, for a total transaction of $5,476,433.60. Following the completion of the sale, the chief executive officer now owns 930,164 shares in the company, valued at approximately $99,862,407.04. The disclosure for this sale can be found here. In the last quarter, insiders have sold 109,252 shares of company stock worth $11,807,218. 6.82% of the stock is owned by corporate insiders.
Institutional Trading of CrowdStrike
Several hedge funds have recently bought and sold shares of CRWD. Fairfield Bush & CO. bought a new stake in shares of CrowdStrike in the 1st quarter worth about $654,000. MetLife Investment Management LLC bought a new stake in shares of CrowdStrike in the 1st quarter worth about $2,930,000. Yousif Capital Management LLC increased its holdings in shares of CrowdStrike by 4.3% in the 1st quarter. Yousif Capital Management LLC now owns 2,934 shares of the company's stock worth $666,000 after buying an additional 120 shares during the last quarter. Raymond James Trust N.A. increased its holdings in shares of CrowdStrike by 37.3% in the 1st quarter. Raymond James Trust N.A. now owns 2,830 shares of the company's stock worth $643,000 after buying an additional 769 shares during the last quarter. Finally, Synovus Financial Corp increased its holdings in shares of CrowdStrike by 14.4% in the 1st quarter. Synovus Financial Corp now owns 2,930 shares of the company's stock worth $658,000 after buying an additional 369 shares during the last quarter. Hedge funds and other institutional investors own 65.05% of the company's stock.
CrowdStrike Stock Performance
Shares of CRWD opened at $104.35 on Friday. The company has a 50-day simple moving average of $111.88 and a two-hundred day simple moving average of $150.88. CrowdStrike has a one year low of $92.25 and a one year high of $242.00. The firm has a market capitalization of $24.46 billion, a PE ratio of -135.52 and a beta of 1.09. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.76 and a quick ratio of 1.76.
CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, November 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.03. CrowdStrike had a negative net margin of 8.73% and a negative return on equity of 11.79%. The firm had revenue of $580.88 million during the quarter, compared to analyst estimates of $574.65 million. On average, analysts anticipate that CrowdStrike will post -0.55 EPS for the current fiscal year.
CrowdStrike Company Profile
CrowdStrike Holdings, Inc provides cybersecurity products and services to stop breaches. It offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management.