Crowdstrike Holdings Inc (NASDAQ:CRWD) CEO George Kurtz Sells 43,830 Shares of Stock

Crowdstrike Holdings Inc (NASDAQ:CRWD) CEO George Kurtz sold 43,830 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $50.09, for a total transaction of $2,195,444.70. Following the sale, the chief executive officer now directly owns 57,510 shares in the company, valued at $2,880,675.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

George Kurtz also recently made the following trade(s):

  • On Monday, March 23rd, George Kurtz sold 57,510 shares of Crowdstrike stock. The shares were sold at an average price of $46.69, for a total transaction of $2,685,141.90.
  • On Monday, March 9th, George Kurtz sold 64,722 shares of Crowdstrike stock. The stock was sold at an average price of $46.83, for a total transaction of $3,030,931.26.
  • On Monday, February 10th, George Kurtz sold 138,820 shares of Crowdstrike stock. The shares were sold at an average price of $62.73, for a total value of $8,708,178.60.
  • On Thursday, January 16th, George Kurtz sold 2,344 shares of Crowdstrike stock. The shares were sold at an average price of $62.52, for a total value of $146,546.88.
  • On Monday, January 13th, George Kurtz sold 2,344 shares of Crowdstrike stock. The stock was sold at an average price of $59.50, for a total value of $139,468.00.
  • On Thursday, January 9th, George Kurtz sold 141,164 shares of Crowdstrike stock. The shares were sold at an average price of $56.28, for a total value of $7,944,709.92.
  • On Monday, January 6th, George Kurtz sold 2,344 shares of Crowdstrike stock. The shares were sold at an average price of $53.50, for a total value of $125,404.00.

Shares of NASDAQ:CRWD traded up $2.55 during trading on Thursday, hitting $58.33. 1,699,101 shares of the company’s stock traded hands, compared to its average volume of 5,983,794. The company has a 50-day moving average price of $55.30 and a 200-day moving average price of $56.02. Crowdstrike Holdings Inc has a 52 week low of $31.95 and a 52 week high of $101.88. The company has a market cap of $11.78 billion and a price-to-earnings ratio of -46.30.

Crowdstrike (NASDAQ:CRWD) last announced its earnings results on Thursday, March 19th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.06. Crowdstrike had a negative net margin of 29.45% and a negative return on equity of 33.49%. The firm had revenue of $152.10 million for the quarter, compared to the consensus estimate of $137.80 million. Crowdstrike’s revenue for the quarter was up 88.9% compared to the same quarter last year. Equities analysts forecast that Crowdstrike Holdings Inc will post -0.5 EPS for the current year.

A number of brokerages recently commented on CRWD. ValuEngine upgraded Crowdstrike from a “hold” rating to a “buy” rating in a research report on Tuesday, March 3rd. DA Davidson upped their target price on shares of Crowdstrike from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Royal Bank of Canada raised shares of Crowdstrike from a “sector perform” rating to an “outperform” rating and set a $67.00 target price on the stock in a research note on Monday, March 16th. Needham & Company LLC reiterated a “buy” rating and set a $92.00 price target on shares of Crowdstrike in a research report on Monday, December 9th. Finally, Piper Sandler reissued a “buy” rating and set a $70.00 price target on shares of Crowdstrike in a research note on Friday, March 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nineteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $74.38.

Several hedge funds have recently modified their holdings of CRWD. State Street Corp bought a new stake in Crowdstrike in the 3rd quarter valued at $828,000. Virtu Financial LLC lifted its holdings in shares of Crowdstrike by 90.9% in the third quarter. Virtu Financial LLC now owns 7,627 shares of the company’s stock valued at $445,000 after purchasing an additional 3,631 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Crowdstrike by 424.4% in the third quarter. Stifel Financial Corp now owns 23,579 shares of the company’s stock valued at $1,365,000 after purchasing an additional 19,083 shares in the last quarter. Point72 Asset Management L.P. boosted its position in shares of Crowdstrike by 965.0% during the third quarter. Point72 Asset Management L.P. now owns 117,146 shares of the company’s stock worth $6,831,000 after buying an additional 106,146 shares during the period. Finally, Barclays PLC boosted its position in shares of Crowdstrike by 675.5% during the third quarter. Barclays PLC now owns 28,406 shares of the company’s stock worth $1,656,000 after buying an additional 24,743 shares during the period. 39.92% of the stock is owned by institutional investors.

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Insider Buying and Selling by Quarter for Crowdstrike (NASDAQ:CRWD)

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