Stocks of Crowdstrike Holdings Inc (NASDAQ:CRWD) traded higher last session on Wall Street, up 2.06% to $277.28.
CRWD stock price is now -8.74% away from the 50-day moving average and -7.43% away from the 200-day moving average. The market capitalization of the company currently stands at $67.46B.
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With the price target enhanced from $302 to $339, HSBC Securities Upgraded its rating from Hold to Buy for Crowdstrike Holdings Inc (NASDAQ: CRWD). On August 29, 2024, BMO Capital Markets reiterated its ‘Outperform’ rating on the stock by increasing its target price from $290 to quote $315, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, Henry Shawn, CHIEF SECURITY OFFICER sold 4,000 shares of the company’s stock on Aug 15 ’24. The stock was sold for $1,040,000 at an average price of $260.00. Upon completion of the transaction, the CHIEF SECURITY OFFICER now directly owns 179,091 shares in the company, valued at $49.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, Officer Henry Shawn bought 4,000 shares of the business’s stock. A total of $1,024,880 was incurred on buying the stock at an average price of $256.22. A total of 6.99% of the company’s stock is owned by insiders.
During the past 12 months, Crowdstrike Holdings Inc has had a low of $145.38 and a high of $398.33. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 1.81, and a quick ratio of 1.81. According to the stock market information, the enterprise value for the company is $64759767040, which is based on a 405.26 price-to-earnings ratio, a 21.55 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for CRWD is $301.7448 and a two-hundred day moving average price translates $299.90582 for the stock.
The latest earnings results from Crowdstrike Holdings Inc (NASDAQ: CRWD) was released for 2024-07-31. The net profit margin was 4.84% and return on equity was 7.26% for CRWD. The company reported revenue of $963.87 million for the quarter, compared to $731.63 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.74 percent.
