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Gerhard Watzinger, a director at CrowdStrike Holdings, Inc. (NASDAQ:CRWD), recently sold a portion of his holdings in the cybersecurity company. According to the latest SEC filing, Watzinger disposed of 10,000 shares of Class A common stock on April 1, 2025. The transactions were executed at prices ranging from $359.43 to $360.39 per share, amounting to a total sale value of approximately $3.6 million. The stock, currently trading at $371.49 with a market capitalization of $92.1 billion, has seen a significant 32.5% price increase over the past six months. InvestingPro analysis indicates the stock is trading above its Fair Value, with multiple valuation metrics showing premium levels.
Following these transactions, Watzinger retains ownership of 64,301 shares through Clavius Capital LLC, and additional holdings include 7,000 shares via his wife and 59,500 shares through Clavius AP, LLC. The shares sold were part of a 10b5-1 trading plan adopted in December 2024. For comprehensive insights into CrowdStrike’s valuation metrics and 12 additional exclusive ProTips, visit InvestingPro, where you’ll find detailed analysis in the Pro Research Report.
In other recent news, Oracle Corporation (NYSE:ORCL) has experienced its second cybersecurity breach within a month, involving the theft of client log-in data. This breach resulted in the exposure of usernames, passkeys, and encrypted passwords, prompting an investigation by the FBI and cybersecurity firm CrowdStrike Holdings Inc. Oracle has informed clients that the compromised system was a legacy environment not in use for eight years, although some data appears to be more recent. Additionally, the hacker attempted to extort Oracle following the breach, but the company has not publicly addressed the full extent of the breach or the extortion attempt.
Meanwhile, CrowdStrike Holdings has been active with several developments. The company introduced a new Network Vulnerability Assessment feature to its Falcon Exposure Management suite, designed to modernize vulnerability management using AI-driven risk prioritization. This feature aims to address gaps in traditional tools by focusing on adversary behavior. Furthermore, CrowdStrike’s Falcon platform received FedRAMP High Authorization, allowing U.S. federal agencies to use the platform to protect sensitive data against cyber threats.
On the analyst front, Stephens initiated coverage on CrowdStrike with an Overweight rating and a price target of $450, highlighting the company’s growth potential in the cybersecurity sector. Truist Securities maintained a Buy rating with a $460 price target, citing CrowdStrike’s expanding range of modules and successful navigation of past challenges. These endorsements reflect confidence in CrowdStrike’s strategy and market position as cybersecurity continues to be a critical concern globally.
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