In yesterday’s Wall Street session, CrowdStrike Holdings Inc. (NASDAQ:CRWD) shares traded at $150.49, down -4.48% from the previous session.
46 analysts cover CrowdStrike Holdings Inc. (NASDAQ:CRWD), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $235.00 and a low of $128.00, we find $175.00. Given the previous closing price of $157.55, this indicates a potential upside of 11.08 percent. CRWD stock price is now -0.39% away from the 50-day moving average and 14.50% away from the 200-day moving average. The market capitalization of the company currently stands at $37.36B.
The stock has received a hold rating from 7 analysts and a buy rating from 35. Brokers who have rated the stock have averaged $176.10 as their price target over the next twelve months.
With the price target of $200, KeyBanc Capital Markets recently initiated with Overweight rating for CrowdStrike Holdings Inc. (NASDAQ: CRWD).
In other news, AUSTIN ROXANNE S, Director sold 20,000 shares of the company’s stock on Jul 17. The stock was sold for $3,086,406 at an average price of $154.32. Upon completion of the transaction, the Director now directly owns 37,656 shares in the company, valued at $5.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 14, Director AUSTIN ROXANNE S sold 5,000 shares of the business’s stock. A total of $752,344 was realized by selling the stock at an average price of $150.47. This leaves the insider owning 57,656 shares of the company worth $8.68 million. Insiders disposed of 6,010,182 shares of company stock worth roughly $904.47 million over the past 1 year. A total of 0.70% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CRWD stock. A new stake in CrowdStrike Holdings Inc. shares was purchased by WARBURG PINCUS LLC during the first quarter worth $258,101,000. HOLOCENE ADVISORS, LP invested $117,969,000 in shares of CRWD during the first quarter. In the first quarter, ATREIDES MANAGEMENT, LP acquired a new stake in CrowdStrike Holdings Inc. valued at approximately $112,640,000. ALPHABET INC. acquired a new stake in CRWD for approximately $93,616,000. CAPITAL WORLD INVESTORS purchased a new stake in CRWD valued at around $79,103,000 in the second quarter. In total, there are 1,467 active investors with 76.20% ownership of the company’s stock.
On Friday morning CrowdStrike Holdings Inc. (NASDAQ: CRWD) stock kicked off with the opening price of $155.23. During the past 12 months, CrowdStrike Holdings Inc. has had a low of $92.25 and a high of $205.73. As of last week, the company has a debt-to-equity ratio of 0.46, a current ratio of 1.80, and a quick ratio of 1.80. The fifty day moving average price for CRWD is $151.21 and a two-hundred day moving average price translates $131.43 for the stock.
The latest earnings results from CrowdStrike Holdings Inc. (NASDAQ: CRWD) was released for Apr, 2023. According to the Software – Infrastructure Company, earnings per share came in at $0.57, beating analysts’ expectations of $0.51 by 0.06. This compares to -$0.13 EPS in the same period last year. The net profit margin was -6.20% and return on equity was -10.80% for CRWD. The company reported revenue of $692.58 million for the quarter, compared to $487.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 41.97 percent. For the current quarter, analysts expect CRWD to generate $724.23M in revenue.
CrowdStrike Holdings Inc.(CRWD) Company Profile
CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners. It serves customers worldwide. The company was incorporated in 2011 and is headquartered in Austin, Texas.
