Crowdstrike Holdings Inc’s recent filing unveils that its Director GANDHI SAMEER K unloaded Company’s shares for reported $4.75 million on Apr 03 ’24. In the deal valued at $316.82 per share,15,000 shares were sold. As a result of this transaction, GANDHI SAMEER K now holds 839,234 shares worth roughly $263.29 million.
Then, Podbere Burt W. sold 64,000 shares, generating $20,254,661 in total proceeds. Upon selling the shares at $316.48, the CHIEF FINANCIAL OFFICER now owns 306,508 shares.
Before that, Saha Anurag sold 1,786 shares. Crowdstrike Holdings Inc shares valued at $592,095 were divested by the CHIEF ACCOUNTING OFFICER at a price of $331.52 per share. As a result of the transaction, Saha Anurag now holds 34,350 shares, worth roughly $10.78 million.
Raymond James initiated its Crowdstrike Holdings Inc [CRWD] rating to an Outperform in a research note published on January 30, 2024; the price target was $330. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. Morgan Stanley also remained covering CRWD and has increased its forecast on January 09, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. BMO Capital Markets maintained its rating on December 15, 2023. It rated CRWD as “an Outperform”.
Price Performance Review of CRWD
On Monday, Crowdstrike Holdings Inc [NASDAQ:CRWD] saw its stock fall -0.56% to $313.73. Over the last five days, the stock has lost -1.83%. Crowdstrike Holdings Inc shares have risen nearly 22.88% since the year began. Nevertheless, the stocks have risen 145.49% over the past one year. While a 52-week high of $365.00 was reached on 03/06/24, a 52-week low of $115.67 was recorded on 01/03/24. SMA at 50 days reached $317.59, while 200 days put it at $222.86. A total of 1.46 million shares were traded, compared to the trading of 2.01 million shares in the previous session.
Levels Of Support And Resistance For CRWD Stock
The 24-hour chart illustrates a support level at 309.94, which if violated will result in even more drops to 306.15. On the upside, there is a resistance level at 317.08. A further resistance level may holdings at 320.43. The Relative Strength Index (RSI) on the 14-day chart is 46.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.57%. Stochastics %K at 15.73% indicates the stock is a buying.
How much short interest is there in Crowdstrike Holdings Inc?
A steep rise in short interest was recorded in Crowdstrike Holdings Inc stocks on Mar 15, 2024, dropping by 90000.0 shares to a total of 5.99 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 6.08 million shares. There was a decline of -1.5%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 2.69% of the overall stock float, the days-to-cover ratio (short ratio) fell to 1.06.
The most recent change occurred on December 15, 2023 when Susquehanna began covering the stock and recommended ‘”a Positive”‘ rating along with a $330 price target.
