In yesterday’s Wall Street session, Crowdstrike Holdings Inc (NASDAQ:CRWD) shares traded at $258.81, up 1.03% from the previous session.
CRWD stock price is now -26.51% away from the 50-day moving average and -11.22% away from the 200-day moving average. The market capitalization of the company currently stands at $62.98B.
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With the price target reduced from $388 to $302, HSBC Securities Downgraded its rating from Buy to Hold for Crowdstrike Holdings Inc (NASDAQ: CRWD). On July 22, 2024, Scotiabank Downgraded its previous ‘Sector Outperform’ rating to ‘Sector Perform’ on the stock reducing its target price from $393 to quote $300, while ‘Guggenheim’ rates the stock as ‘Neutral’
In other news, Henry Shawn, CHIEF SECURITY OFFICER sold 4,000 shares of the company’s stock on Jul 15 ’24. The stock was sold for $1,485,280 at an average price of $371.32. Upon completion of the transaction, the CHIEF SECURITY OFFICER now directly owns 183,091 shares in the company, valued at $47.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’24, Director GANDHI SAMEER K sold 15,000 shares of the business’s stock. A total of $5,703,128 was realized by selling the stock at an average price of $380.21. This leaves the insider owning 824,234 shares of the company worth $213.32 million. A total of 7.19% of the company’s stock is owned by insiders.
During the past 12 months, Crowdstrike Holdings Inc has had a low of $140.52 and a high of $398.33. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 1.71, and a quick ratio of 1.71. According to the stock market information, the enterprise value for the company is $60107948032, which is based on a 486.39 price-to-earnings ratio, a 21.52 price-to-earnings-growth ratio, and a beta of 1.12. The fifty day moving average price for CRWD is $350.4725 and a two-hundred day moving average price translates $291.88626 for the stock.
The latest earnings results from Crowdstrike Holdings Inc (NASDAQ: CRWD) was released for 2024-04-30. The net profit margin was 4.01% and return on equity was 6.36% for CRWD. The company reported revenue of $921.04 million for the quarter, compared to $692.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.99 percent.
