Anurag Saha Sells 2,141 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) CAO Anurag Saha sold 2,141 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $371.79, for a total value of $796,002.39. Following the sale, the chief accounting officer now directly owns 34,024 shares in the company, valued at approximately $12,649,782.96. The trade was a 5.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Anurag Saha also recently made the following trade(s):

• On Friday, March 21st, Anurag Saha sold 1,496 shares of CrowdStrike stock. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52.
• On Thursday, December 26th, Anurag Saha sold 2,858 shares of CrowdStrike stock. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $371.41 on Thursday. The stock has a market capitalization of $92.06 billion, a price-to-earnings ratio of 728.27, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company’s 50-day simple moving average is $388.08 and its 200-day simple moving average is $347.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CRWD. Berbice Capital Management LLC bought a new position in CrowdStrike during the fourth quarter worth $27,000. Fortitude Family Office LLC raised its holdings in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the period. FPC Investment Advisory Inc. lifted its position in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after buying an additional 73 shares during the last quarter. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at about $34,000. Finally, Crowley Wealth Management Inc. bought a new stake in shares of CrowdStrike during the 4th quarter valued at about $34,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several analyst reports. Oppenheimer increased their price target on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. JPMorgan Chase & Co. raised their price target on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Susquehanna upped their price objective on shares of CrowdStrike from $400.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, March 5th. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Mizuho upped their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $400.26.

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.