By otakuyassine3@gmail.com 
Guggenheim reissued their neutral rating on shares of CrowdStrike (NASDAQ:CRWD – Free Report) in a research report report published on Wednesday,Benzinga reports.
A number of other brokerages have also recently weighed in on CRWD. Piper Sandler lifted their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. KeyCorp lifted their price objective on shares of CrowdStrike from $395.00 to $480.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Rosenblatt Securities restated a “buy” rating and issued a $450.00 price objective on shares of CrowdStrike in a report on Wednesday. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Wednesday. Finally, Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $400.10.
Read Our Latest Report on CrowdStrike
CrowdStrike Trading Down 4.1 %
Shares of CRWD stock opened at $333.50 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market capitalization of $82.14 billion, a P/E ratio of 653.93, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a 50 day moving average price of $387.07 and a 200 day moving average price of $338.55. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $455.59.
Insider Activity at CrowdStrike
In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the sale, the director now owns 811,842 shares in the company, valued at $280,613,187.30. This represents a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the completion of the transaction, the insider now directly owns 115,798 shares in the company, valued at $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 100,315 shares of company stock worth $38,387,254 in the last 90 days. 4.34% of the stock is owned by insiders.
Hedge Funds Weigh In On CrowdStrike
Several institutional investors have recently bought and sold shares of CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike in the 4th quarter valued at $27,000. Fortitude Family Office LLC increased its stake in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. FPC Investment Advisory Inc. increased its stake in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares during the period. Luken Investment Analytics LLC acquired a new position in CrowdStrike in the 4th quarter valued at $34,000. Finally, Crowley Wealth Management Inc. acquired a new position in CrowdStrike in the 4th quarter valued at $34,000. 71.16% of the stock is owned by institutional investors and hedge funds.
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.
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