
CrowdStrike (NASDAQ:CRWD) Given Average Rating of "Moderate Buy" by Analysts

CrowdStrike (NASDAQ:CRWD) has received an average rating of "Moderate Buy" from 46 analysts. The ratings include 1 sell, 19 hold, and 26 buy ratings. The average 1-year price target is $461.17. Recent transactions include insider sales, with significant shares sold by the Director and CFO. Institutional investors hold 71.16% of the stock. CrowdStrike's stock opened at $424.49, with a 1-year range of $235.60 to $517.98. The company reported $0.73 EPS for the last quarter, exceeding estimates, with revenue of $1.10 billion.
CrowdStrike (NASDAQ:CRWD - Get Free Report) has been assigned an average rating of "Moderate Buy" from the forty-six ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and twenty-six have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $461.1667.
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A number of equities research analysts have weighed in on CRWD shares. Citigroup reaffirmed an "outperform" rating on shares of CrowdStrike in a report on Monday, May 5th. The Goldman Sachs Group boosted their price target on CrowdStrike from $389.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Evercore ISI reissued an "in-line" rating and set a $440.00 price target (down previously from $450.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Stephens boosted their price target on CrowdStrike from $450.00 to $540.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. Finally, UBS Group reissued a "buy" rating on shares of CrowdStrike in a research note on Tuesday, June 3rd.
Check Out Our Latest Analysis on CrowdStrike
Insider Transactions at CrowdStrike
- CrowdStrike Stock Slides—Is Growth Momentum Tapping Out?
In other news, Director Roxanne S. Austin sold 15,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the sale, the director owned 18,858 shares of the company's stock, valued at approximately $9,385,060.86. The trade was a 44.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the sale, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 214,414 shares of company stock valued at $101,484,738 over the last ninety days. Insiders own 3.32% of the company's stock.
Institutional Investors Weigh In On CrowdStrike
Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRWD. Cloud Capital Management LLC bought a new stake in CrowdStrike during the first quarter worth approximately $25,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of CrowdStrike by 114.3% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the 1st quarter valued at $26,000. AlphaQuest LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter valued at $26,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in shares of CrowdStrike by 305.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after acquiring an additional 58 shares during the last quarter. Institutional investors own 71.16% of the company's stock.
CrowdStrike Stock Down 0.1%
- CrowdStrike Stock Eyes Next Move With AI in Focus
CrowdStrike stock opened at $424.49 on Friday. CrowdStrike has a 1-year low of $235.60 and a 1-year high of $517.98. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market cap of $105.80 billion, a PE ratio of -615.20 and a beta of 1.13. The stock's fifty day moving average is $477.04 and its two-hundred day moving average is $425.50.
CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The business's revenue was up 19.8% compared to the same quarter last year. On average, sell-side analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.
About CrowdStrike
(Get Free Report)CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate 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 AI powered workflow automation, and securing generative AI workload services.
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