Stocks of CrowdStrike Holdings Inc. (NASDAQ:CRWD) traded higher last session on Wall Street, up 1.85% to $146.70.
According to the data, CrowdStrike Holdings Inc. (NASDAQ:CRWD) has 45 analysts covering its stock. 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 $177.50. Given the previous closing price of $144.03, this indicates a potential upside of 23.24 percent. CRWD stock price is now -2.00% away from the 50-day moving average and 11.79% away from the 200-day moving average. The market capitalization of the company currently stands at $33.82B.
A total of 7 analysts have issued a hold rating and 34 have given it a buy rating. Brokers who have rated the stock have averaged $178.70 as their price target over the next twelve months.
With the price target reduced from $178 to $167, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight 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 $5.52 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 $8.46 million. Insiders disposed of 6,227,719 shares of company stock worth roughly $913.61 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 ALPHABET INC. during the first quarter worth $91,258,000. CARMIGNAC GESTION invested $37,329,000 in shares of CRWD during the first quarter. In the first quarter, MIZUHO MARKETS CAYMAN LP acquired a new stake in CrowdStrike Holdings Inc. valued at approximately $27,519,000. SCOUT INVESTMENTS, INC. acquired a new stake in CRWD for approximately $26,256,000. CHIRON INVESTMENT MANAGEMENT, LLC purchased a new stake in CRWD valued at around $15,861,000 in the second quarter. In total, there are 1,467 active investors with 76.20% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $142.93 for CrowdStrike Holdings Inc. (NASDAQ: CRWD). During the past 12 months, CrowdStrike Holdings Inc. has had a low of $92.25 and a high of $198.14. 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 $149.52 and a two-hundred day moving average price translates $131.35 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 $724.13M 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.
