Insider Sale: Chief Accounting Officer Anurag Saha Sells Shares of CrowdStrike Holdings Inc (CRWD)

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On September 24, 2024, Anurag Saha, Chief Accounting Officer of CrowdStrike Holdings Inc (CRWD, Financial), executed a sale of 3,289 shares of the company. The transaction was filed on September 25, 2024, as per the SEC Filing. Following this transaction, the insider now owns 37,356 shares of CrowdStrike Holdings Inc.

CrowdStrike Holdings Inc is a leader in cloud-delivered endpoint and cloud workload protection. Utilizing its proprietary technology, the company offers a platform for cybersecurity operations that combines real-time threat intelligence, incident response, and proactive services to help organizations protect their systems and data effectively.

Over the past year, Anurag Saha has sold a total of 9,155 shares and has not made any purchases. The recent sale 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.

Shares of CrowdStrike Holdings Inc were priced at $293.46 on the day of the sale. The company currently holds a market cap of approximately $70.22 billion. The price-earnings ratio stands at 415.17, significantly above the industry median of 26.5.

The stock is considered Modestly Undervalued with a price-to-GF-Value ratio of 0.88, based on a GF Value of $332.70. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation adjustments. The transaction details and the company's valuation metrics provide a comprehensive view of its current financial standing and market perception.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.