Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Crowdstrike Holdings Inc shares valued at $4,752,358 were sold by GANDHI SAMEER K on Apr 03 ’24. At $316.82 per share, GANDHI SAMEER K sold 15,000 shares. The insider’s holdings dropped to 839,234 shares worth approximately $259.48 million following the completion of this transaction.
Also, Podbere Burt W. sold 64,000 shares, netting a total of over 20,254,661 in proceeds. Following the sale of shares at $316.48 each, the insider now holds 306,508 shares.
Before that, Saha Anurag had sold 1,786 shares from its account. In a trade valued at $592,095, the CHIEF ACCOUNTING OFFICER traded Crowdstrike Holdings Inc shares for $331.52 each. Upon closing the transaction, the insider’s holdings decreased to 1,786 shares, worth approximately $10.62 million.
As published in their initiating research note from Raymond James on January 30, 2024, Crowdstrike Holdings Inc [CRWD] has been an Outperform and the price target has been revised to $330. Analysts at Bernstein started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid January. As of January 09, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for CRWD. Earlier on December 15, 2023, BMO Capital Markets resumed its rating. Their recommendation was “an Outperform” for CRWD stock.
Analyzing CRWD Stock Performance
During the last five days, there has been a drop of approximately -4.05%. Over the course of the year, Crowdstrike Holdings Inc shares have jumped approximately 21.10%. Shares of the company reached a 52-week high of $365.00 on 03/06/24 and a 52-week low of $238.61 on 01/03/24. A 50-day SMA is recorded $316.88, while a 200-day SMA reached $221.20. Nevertheless, trading volume fell to 2.65 million shares from 2.13 million shares the previous day.
Support And Resistance Levels for Crowdstrike Holdings Inc (CRWD)
According to the 24-hour chart, there is a support level at 303.38, which, if violated, would cause prices to drop to 297.58. In the upper region, resistance lies at 320.49. The next price resistance is at 331.80. RSI (Relative Strength Index) is 42.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.70, which suggests the price will decrease in the coming days. Percent R is at 98.76%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
Is Crowdstrike Holdings Inc subject to short interest?
Stocks of Crowdstrike Holdings Inc saw a sharp steep in short interest on Mar 15, 2024 dropping by 90000.0 shares to 5.99 million. Data from Yahoo Finance shows that the short interest on Feb 15, 2024 was 6.08 million shares. A decline of -1.5% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.06 of the overall float, the days-to-cover ratio (short ratio) decline to 1.06.
