The price of CrowdStrike Holdings Inc. (NASDAQ:CRWD) shares last traded on Wall Street fell -0.83% to $162.53.
Based on available information, 45 analysts follow CrowdStrike Holdings Inc. (NASDAQ:CRWD). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $250.00 and a low of $153.00, we find $190.50. Given the previous closing price of $163.89, this indicates a potential upside of 16.24 percent. CRWD stock price is now 4.56% away from the 50-day moving average and 21.79% away from the 200-day moving average. The market capitalization of the company currently stands at $40.05B.
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Among analysts, 7 rate the stock a hold while 34 rate it a buy. Brokers who have rated the stock have averaged $192.33 as their price target over the next twelve months.
With the price target of $200, HSBC Securities recently initiated with Buy 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 $6.12 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 $9.37 million. Insiders disposed of 4,255,083 shares of company stock worth roughly $691.58 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 $101,106,000. CARMIGNAC GESTION invested $41,357,000 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 $30,488,000. SCOUT INVESTMENTS, INC. acquired a new stake in CRWD for approximately $29,089,000. CHIRON INVESTMENT MANAGEMENT, LLC purchased a new stake in CRWD valued at around $17,572,000 in the second quarter. In total, there are 1,467 active investors with 76.20% ownership of the company’s stock.
A candlestick chart of CrowdStrike Holdings Inc. (NASDAQ: CRWD) showed a price of $168.19 on Thursday morning. During the past 12 months, CrowdStrike Holdings Inc. has had a low of $92.25 and a high of $181.84. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 1.80, and a quick ratio of 1.80. The fifty day moving average price for CRWD is $155.77 and a two-hundred day moving average price translates $133.64 for the stock.
The latest earnings results from CrowdStrike Holdings Inc. (NASDAQ: CRWD) was released for Jul, 2023. According to the Software – Infrastructure Company, earnings per share came in at $0.74, beating analysts’ expectations of $0.56 by 0.18. This compares to -$0.21 EPS in the same period last year. The net profit margin was -3.50% and return on equity was -6.00% for CRWD. The company reported revenue of $731.63 million for the quarter, compared to $535.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.71 percent. For the current quarter, analysts expect CRWD to generate $777.13M in revenue.
