In yesterday’s Wall Street session, Crowdstrike Holdings Inc (NASDAQ:CRWD) shares traded at $176.69, up 6.90% from the previous session.
44 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 $250.00 and a low of $153.00, we find $195.00. Given the previous closing price of $165.29, this indicates a potential upside of 17.97 percent. CRWD stock price is now 11.69% away from the 50-day moving average and 29.89% away from the 200-day moving average. The market capitalization of the company currently stands at $42.19B.
The stock has received a hold rating from 7 analysts and a buy rating from 33. Brokers who have rated the stock have averaged $193.88 as their price target over the next twelve months.
With the price target enhanced from $175 to $195, Goldman maintained Buy rating for Crowdstrike Holdings Inc (NASDAQ: CRWD).
In other news, Kurtz George, PRESIDENT AND CEO sold 56,921 shares of the company’s stock on Sep 21. The stock was sold for $9,275,463 at an average price of $162.95. Upon completion of the transaction, the PRESIDENT AND CEO now directly owns 1,100,089 shares in the company, valued at $194.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 21, CHIEF FINANCIAL OFFICER Podbere Burt W. sold 13,419 shares of the business’s stock. A total of $2,257,131 was realized by selling the stock at an average price of $168.20. This leaves the insider owning 367,381 shares of the company worth $64.91 million. Insiders disposed of 4,187,215 shares of company stock worth roughly $739.84 million over the past 1 year. A total of 8.68% 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 $109,914,000. CARMIGNAC GESTION invested $44,960,000 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 $33,144,000. SCOUT INVESTMENTS, INC. acquired a new stake in CRWD for approximately $31,623,000. CHIRON INVESTMENT MANAGEMENT, LLC purchased a new stake in CRWD valued at around $19,103,000 in the second quarter. In total, there are 1,467 active investors with 64.14% ownership of the company’s stock.
On Friday morning Crowdstrike Holdings Inc (NASDAQ: CRWD) stock kicked off with the opening price of $163.51. 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 0.43, a current ratio of 1.73, and a quick ratio of 1.73. The fifty day moving average price for CRWD is $158.68 and a two-hundred day moving average price translates $136.37 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 -3.54% and return on equity was -6.10% 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.
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.
