Robert W. Baird Sticks to Its Hold Rating for CrowdStrike Holdings (CRWD)

Robert W. Baird analyst Shrenik Kothari maintained a Hold rating on CrowdStrike Holdings today and set a price target of $450.00.

Claim 50% Off TipRanks Premium

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

Kothari covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Cloudflare, and CommVault Systems. According to TipRanks, Kothari has an average return of 13.4% and a 57.60% success rate on recommended stocks.

In addition to Robert W. Baird, CrowdStrike Holdings also received a Hold from Evercore ISI’s Peter Levine in a report issued on February 25. However, today, Jefferies maintained a Buy rating on CrowdStrike Holdings (NASDAQ: CRWD).

Based on CrowdStrike Holdings’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.23 billion and a GAAP net loss of $34 million. In comparison, last year the company earned a revenue of $1.01 billion and had a GAAP net loss of $16.82 million

Based on the recent corporate insider activity of 119 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRWD in relation to earlier this year. Earlier this month, Burt W. Podbere, the CFO of CRWD sold 7,871.00 shares for a total of $3,272,586.43.