On September 16, 2024, Shawn Henry, Chief Security Officer of CrowdStrike Holdings Inc (CRWD, Financial), sold 4,500 shares of the company. The transaction was executed at a price of $260.73 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 174,591 shares of CrowdStrike Holdings Inc.
CrowdStrike Holdings Inc is a cybersecurity technology firm known for its cloud-delivered solutions for endpoint and cloud workload protection. The company's platform offers a range of products that include advanced threat detection, cyber attack response, and proactive risk mitigation.
Over the past year, the insider has sold a total of 94,486 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 49 insider sells and no insider buys over the past year.
As of the date of the recent transaction, CrowdStrike Holdings Inc shares were trading at $260.73, giving the company a market cap of approximately $65.87 billion. The price-earnings ratio stands at 389.45, which is significantly higher than the industry median of 26.135.
The stock is currently considered Modestly Undervalued with a price-to-GF-Value ratio of 0.79, based on a GF Value of $331.52. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to investors tracking insider behaviors as an indicator of confidence in the company's future prospects or for other strategic reasons.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
