CrowdStrike (NASDAQ:CRWD) PT decreased to $265.00 at Scotiabank

CrowdStrike (NASDAQ:CRWD – Free Report) Its price objective was decreased by Scotiabank from $300.00 to $265.00 in a research note on Wednesday morning, Benzinga reports. They currently have a sector perform rating on the stock.

Several other equities analysts have also weighed in on CRWD. BTIG Research lowered CrowdStrike from a buy rating to a neutral rating in a report on Monday, July 22nd. Mizuho cut their price target on shares of CrowdStrike from $390.00 to $370.00 and set a buy rating for the company in a research note on Wednesday, June 5th. Rosenblatt Securities decreased their price target on shares of CrowdStrike from $420.00 to $350.00 and set a buy rating on the stock in a research note on Wednesday, July 24th. HSBC cut shares of CrowdStrike from a buy rating to a hold rating and cut their price objective for the company from $388.00 to $302.00 in a research note on Tuesday, July 23rd. Finally, Needham & Company LLC decreased their price target on CrowdStrike from $425.00 to $375.00 and set a buy rating on the stock in a research report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of Moderate Buy and a consensus price target of $338.08, according to MarketBeat.com.

Check out our latest research report on CrowdStrike

CrowdStrike trading up 0.8%

Shares of CrowdStrike stock opened at $262.54 on Wednesday. The stock has a fifty day moving average price of $324.93 and a 200 day moving average price of $320.96. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80, and a quick ratio of 1.80. The firm has a market cap of $63.89 billion, a PE ratio of 495.36, a P/E/G ratio of 11.79 and a beta of 1.10. CrowdStrike has a 1 year low of $140.52 and a 1 year high of $398.33.

CrowdStrike (NASDAQ:CRWD – Get Your Free Report ) last announced its quarterly earnings data on Tuesday, June 4th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). The company had revenue of $921.04 million during the quarter, compared to the consensus estimate of $904.82 million. CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. equities research analysts anticipate that CrowdStrike will post 0.87 EPS for the current year.

Insider trading at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00. Following the sale, the insider now directly owns 179,091 shares in the company, valued at approximately $46,563,660. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, CEO George Kurtz sold 55,587 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $376.45, for a total value of $20,925,726.15. Following the completion of the transaction, the chief executive officer now directly owns 1,127,843 shares of the company’s stock, valued at approximately $424,576,497.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00. Following the completion of the transaction, the insider now owns 179,091 shares of the company’s stock, valued at approximately $46,563,660. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 135,643 shares of company stock worth $50,749,324. Company insiders own 4.34% of the company’s shares.

CrowdStrike Institutional Trading

Hedge funds and other institutional investors have recently modified their holdings of the business. Abich Financial Wealth Management LLC bought a new stake in shares of CrowdStrike in the second quarter valued at about $25,000. Hexagon Capital Partners LLC purchased a new position in CrowdStrike in the fourth quarter valued at $26,000. Trivant Custom Portfolio Group LLC bought a new stake in CrowdStrike in the 1st quarter worth $30,000. Family Firm Inc. acquired a new stake in shares of CrowdStrike in the second quarter valued at $30,000. Finally, Johnson Financial Group Inc. bought a new position in shares of CrowdStrike during the fourth quarter valued at $31,000. 71.16% of the shares are held by hedge funds and other institutional investors.

CrowdStrike Company Profile

(Get a free report)

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform provides cloud-delivered protection of endpoints, cloud workloads, identity and data. The company provides 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 automation of workflow based on artificial intelligence and security. generative AI workload services.

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