Insider Sell: President Michael Sentonas Sells Shares of CrowdStrike Holdings Inc (CRWD)
Michael Sentonas, President of CrowdStrike Holdings Inc (NASDAQ:CRWD), sold 18,747 shares of the company on March 21, 2024, according to a recent SEC filing. The transaction was executed at an average price of $325.8 per share, resulting in a total value of $6,107,725.6.
CrowdStrike Holdings Inc is a cybersecurity technology firm that provides cloud-delivered solutions for endpoint and cloud workload protection. The company's platform offers a range of products that include endpoint security, threat intelligence, and cyberattack response services.
Over the past year, Michael Sentonas has sold a total of 98,715 shares of CrowdStrike Holdings Inc and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of insider sales, with 35 insider sells and no insider buys over the same timeframe.
On the day of the insider's recent sale, CrowdStrike Holdings Inc shares were trading at $325.8, giving the company a market capitalization of $79.231 billion. The price-earnings ratio of the company stands at 904.92, significantly above the industry median of 28.1 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 0.99, with a GF Value of $330.18, indicating that CrowdStrike Holdings Inc is considered Fairly Valued based on its GF Value. The GF Value is calculated using historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent selling activity by insiders at CrowdStrike Holdings Inc.
The GF Value image provides an intrinsic value estimate for CrowdStrike Holdings Inc, suggesting that the stock is currently trading at a fair value.
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.
This article first appeared on GuruFocus.
