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Stephens Sticks to Their Buy Rating for CrowdStrike Holdings (CRWD)

Stephens analyst Brian Colley maintained a Buy rating on CrowdStrike Holdings (CRWDResearch Report) today and set a price target of $236.00. The company’s shares closed last Wednesday at $195.32.

According to TipRanks.com, Colley has 0 stars on 0-5 stars ranking scale with an average return of -12.6% and a 38.6% success rate. Colley covers the Technology sector, focusing on stocks such as Ping Identity Holding, CyberArk Software, and Everbridge.

CrowdStrike Holdings has an analyst consensus of Strong Buy, with a price target consensus of $228.52, which is a 19.6% upside from current levels. In a report issued on July 22, Citigroup also maintained a Buy rating on the stock with a $235.00 price target.

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Based on CrowdStrike Holdings’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $431 million and GAAP net loss of $41.98 million. In comparison, last year the company earned revenue of $303 million and had a GAAP net loss of $85.05 million.

Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRWD in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 2011, CrowdStrike Holdings, Inc. provides cloud-delivered solution for next-generation endpoint protection. It offers cloud modules on its Falcon platform through an SaaS subscription-based model. The company offers its services in the United States, Australia, Germany, India, Romania, and the United Kingdom.

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