Several other research analysts have also issued reports on CRWD. Barclays increased their price target on shares of from $65.00 to $100.00 and gave the stock an overweight rating in a research note on Friday. JMP Securities assumed coverage on shares of Fiverr International in a research note on Monday, July 8th. They issued an outperform rating and a $33.00 price target for the company. UBS Group raised their price objective on shares of Crowdstrike from $90.00 to $100.00 and gave the company an outperform rating in a research note on Friday. They noted that the move was a valuation call. Oppenheimer set a $176.00 price objective on shares of Jazz Pharmaceuticals and gave the company a buy rating in a research note on Monday, July 8th. Finally, Royal Bank of Canada lowered shares of 3M from an outperform rating to a sector perform rating and reduced their price objective for the company from $207.00 to $176.00 in a research note on Monday, July 8th. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Crowdstrike currently has an average rating of Buy and an average target price of $84.47.
Shares of Crowdstrike stock opened at $83.52 on Friday. Crowdstrike has a 1 year low of $56.00 and a 1 year high of $85.85.
In related news, major shareholder Capitalg Lp purchased 140,000 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were purchased at an average price of $34.00 per share, with a total value of $4,760,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi purchased 650,000 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were bought at an average cost of $34.00 per share, for a total transaction of $22,100,000.00. The disclosure for this purchase can be found here.
An institutional investor recently bought a new position in Crowdstrike stock. Commonwealth Equity Services LLC purchased a new stake in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,035 shares of the company’s stock, valued at approximately $412,000.
Further Reading: The basics of gap trading strategies
Receive News & Ratings for Crowdstrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crowdstrike and related companies with MarketBeat.com's FREE daily email newsletter.