Crowdstrike Holdings Inc (NASDAQ:CRWD) shares traded 0.53% higher at $351.03 on Wall Street last session.
CRWD stock price is now 4.66% away from the 50-day moving average and 11.24% away from the 200-day moving average. The market capitalization of the company currently stands at $86.46B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $360 to $420, Needham maintained Buy rating for Crowdstrike Holdings Inc (NASDAQ: CRWD). On November 27, 2024, HSBC Securities Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $347, while ‘Exane BNP Paribas’ rates the stock as ‘Neutral’
In other news, AUSTIN ROXANNE S, Director sold 5,000 shares of the company’s stock on Dec 16 ’24. The stock was sold for $1,935,050 at an average price of $387.01. Upon completion of the transaction, the Director now directly owns 18,297 shares in the company, valued at $6.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, CHIEF SECURITY OFFICER Henry Shawn sold 4,500 shares of the business’s stock. A total of $1,656,619 was realized by selling the stock at an average price of $368.14. This leaves the insider owning 115,798 shares of the company worth $40.65 million. A total of 6.82% of the company’s stock is owned by insiders.
During the past 12 months, Crowdstrike Holdings Inc has had a low of $200.81 and a high of $398.33. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 1.76, and a quick ratio of 1.76. According to the stock market information, the enterprise value for the company is $86090670080, which is based on a 693.19 price-to-earnings ratio, a 27.73 price-to-earnings-growth ratio, and a beta of 1.13. The fifty day moving average price for CRWD is $334.3439 and a two-hundred day moving average price translates $315.45505 for the stock.
The latest earnings results from Crowdstrike Holdings Inc (NASDAQ: CRWD) was released for 2024-07-31. The net profit margin was 3.39% and return on equity was 4.98% 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.
