CrowdStrike Holdings (CRWD) Receives a Hold from Macquarie
Macquarie analyst Steven Koenig maintained a Hold rating on CrowdStrike Holdings yesterday and set a price target of $400.00. The company’s shares closed yesterday at $407.68.
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Koenig covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Autodesk, and ServiceNow. According to TipRanks, Koenig has an average return of 11.8% and a 61.65% success rate on recommended stocks.
CrowdStrike Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $484.14, implying a 18.75% upside from current levels. In a report released yesterday, Bernstein also maintained a Hold rating on the stock with a $368.00 price target.
Based on CrowdStrike Holdings’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.31 billion and a net profit of $38.69 million. In comparison, last year the company earned a revenue of $1.06 billion and had a GAAP net loss of $92.28 million
Based on the recent corporate insider activity of 115 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. Last month, George Kurtz, the President & CEO of CRWD sold 28,853.00 shares for a total of $11,916,487.14.
Read More on CRWD:
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