Insider Sale: Shawn Henry Sells 4,000 Shares of CrowdStrike Holdings Inc (CRWD)

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Oct 17, 2024
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Shawn Henry, the Chief Security Officer of CrowdStrike Holdings Inc (CRWD, Financial), sold 4,000 shares of the company on October 15, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 124,298 shares of CrowdStrike Holdings Inc.

CrowdStrike Holdings Inc specializes in cybersecurity technology, providing cloud-delivered solutions for endpoint and cloud workload protection. The company's platform offers features such as threat intelligence, incident response, and proactive hunting to safeguard enterprises from cyber threats.

Over the past year, Shawn Henry has sold a total of 103,074 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been 48 insider sells and no insider buys over the last year.

Shares of CrowdStrike Holdings Inc were trading at $309.38 on the day of the transaction. The company has a market cap of approximately $75.07 billion. The price-earnings ratio of the company stands at 443.83, which is significantly higher than the industry median of 26.675.

The stock is currently considered to be Fairly Valued with a price-to-GF Value ratio of 0.92, based on a GF Value of $336.25. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past performance, 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 stock valuation. The consistent pattern of insider sales over the past year could suggest various strategic financial management motives by the insiders.

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.