George Kurtz Sells 2,344 Shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) Stock

Crowdstrike Holdings Inc (NASDAQ:CRWD) CEO George Kurtz sold 2,344 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $53.50, for a total transaction of $125,404.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Monday, December 9th, George Kurtz sold 124,748 shares of Crowdstrike stock. The shares were sold at an average price of $49.78, for a total transaction of $6,209,955.44.

Shares of CRWD opened at $55.94 on Friday. The company’s fifty day moving average is $51.67 and its 200-day moving average is $65.44. Crowdstrike Holdings Inc has a 12 month low of $44.58 and a 12 month high of $101.88.

Crowdstrike (NASDAQ:CRWD) last posted its quarterly earnings data on Thursday, December 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.12. The firm had revenue of $125.10 million for the quarter, compared to the consensus estimate of $118.79 million. The firm’s quarterly revenue was up 88.4% on a year-over-year basis. Equities research analysts forecast that Crowdstrike Holdings Inc will post -1.03 earnings per share for the current fiscal year.

Several research analysts have weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $92.00 price objective on shares of Crowdstrike in a research note on Monday, December 9th. Nomura upped their price objective on shares of Crowdstrike from $65.00 to $71.00 and gave the company a “buy” rating in a research note on Monday, December 9th. ValuEngine lowered shares of Crowdstrike from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Citigroup started coverage on shares of Crowdstrike in a research note on Monday, October 14th. They issued a “sell” rating and a $43.00 price objective on the stock. Finally, DA Davidson started coverage on shares of Crowdstrike in a research note on Wednesday, November 27th. They set a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $75.40.

Several hedge funds and other institutional investors have recently bought and sold shares of CRWD. Envestnet Asset Management Inc. bought a new stake in shares of Crowdstrike during the 2nd quarter worth $239,000. Janus Henderson Group PLC bought a new stake in shares of Crowdstrike during the 2nd quarter worth $308,000. Riverhead Capital Management LLC bought a new stake in shares of Crowdstrike during the 2nd quarter worth $55,000. Neuburgh Advisers LLC bought a new stake in shares of Crowdstrike during the 2nd quarter worth $46,000. Finally, Elkfork Partners LLC bought a new stake in shares of Crowdstrike during the 2nd quarter worth $80,000. 35.23% of the stock is owned by institutional investors and hedge funds.

Further Reading: Growth Stocks

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

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