Bank of America Securities Sticks to Its Buy Rating for CrowdStrike Holdings (CRWD)

Bank of America Securities analyst Tal Liani maintained a Buy rating on CrowdStrike Holdings (CRWD Research Report) today. The companys shares opened today at $294.51. Liani covers the Technology sector, focusing on stocks such as Cisco Systems, Qualcomm, and Arista Networks. According to TipRanks, Liani has an average return of 11.1% and a 56.55%

Bank of America Securities analyst Tal Liani maintained a Buy rating on CrowdStrike Holdings (CRWDResearch Report) today. The company’s shares opened today at $294.51.

Liani covers the Technology sector, focusing on stocks such as Cisco Systems, Qualcomm, and Arista Networks. According to TipRanks, Liani has an average return of 11.1% and a 56.55% success rate on recommended stocks.

In addition to Bank of America Securities, CrowdStrike Holdings also received a Buy from Stifel Nicolaus’s Adam Borg in a report issued today. However, on the same day, Piper Sandler assigned a Hold rating to CrowdStrike Holdings (NASDAQ: CRWD).

Based on CrowdStrike Holdings’ latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $921.04 million and a net profit of $42.82 million. In comparison, last year the company earned a revenue of $692.58 million and had a net profit of $491 thousand

Based on the recent corporate insider activity of 93 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. Earlier this month, Roxanne Austin, a Director at CRWD sold 5,000.00 shares for a total of $1,955,050.00.

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CrowdStrike Holdings (CRWD) Company Description:

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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