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CRWD stock rated an Outperform by Raymond James

In a filing, Crowdstrike Holdings Inc revealed 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 $251.35 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 $10.29 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 -3.09% to $299.50. Over the last five days, the stock has lost -4.54%. Crowdstrike Holdings Inc shares have risen nearly 17.30% since the year began. Nevertheless, the stocks have risen 120.06% 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 $318.90, while 200 days put it at $227.01. A total of 2.56 million shares were traded, compared to the trading of 1.87 million shares in the previous session.

Levels Of Support And Resistance For CRWD Stock

The 24-hour chart illustrates a support level at 294.59, which if violated will result in even more drops to 289.69. On the upside, there is a resistance level at 308.20. A further resistance level may holdings at 316.91. The Relative Strength Index (RSI) on the 14-day chart is 38.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.87%. Stochastics %K at 19.96% indicates the stock is a buying.

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.

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