On September 24, 2024, Shawn Henry, Chief Security Officer of CrowdStrike Holdings Inc (CRWD, Financial), sold 13,584 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 161,007 shares of CrowdStrike Holdings Inc.
CrowdStrike Holdings Inc is a cybersecurity technology firm renowned for its cloud-delivered solutions for endpoint and cloud workload protection. The company's offerings include threat intelligence, incident response, and proactive hunting to protect against advanced cyber threats.
Over the past year, Shawn Henry has sold a total of 99,074 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.
Shares of CrowdStrike Holdings Inc were priced at $296.11 on the day of the transaction, placing the market cap of the company at approximately $70.22 billion. The price-earnings ratio stands at 415.17, significantly above the industry median of 26.5.
The stock's valuation according to GF Value is estimated at $332.70, suggesting that CrowdStrike Holdings Inc is modestly undervalued with a price-to-GF-Value ratio of 0.89.
The GF Value is calculated considering historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted based on the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future prospects.
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.
