Breaking News
Get 40% Off 0
🔎 See NVDA's full ProTips for an instant risks or rewards Claim 40% OFF

$3.4 Million Bet On CrowdStrike Holdings? Check Out These 3 Stocks Insiders Are Buying

Published Jan 09, 2023 14:17 Updated Jan 09, 2023 15:41
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. $3.4 Million Bet On CrowdStrike Holdings? Check Out These 3 Stocks Insiders Are Buying
 
IXIC
-0.32%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
FCRM
+0.00%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
FULC
+0.63%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Benzinga - Although US stocks closed sharply higher on Friday, there were a few notable insider trades.

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform.

Fulcrum Therapeutics

  • The Trade: Fulcrum Therapeutics, Inc. (NASDAQ: FULC) 10% owner Rajeev Shah acquired a total of 180,703 shares an average price of $7.28. To acquire these shares, it cost around $1.31 million.
  • What’s Happening: Fulcrum Therapeutics named Robert J. Gould as interim CEO.
  • What Fulcrum Therapeutics Does: Fulcrum Therapeutics Inc is a clinical-stage biopharmaceutical company.

CrowdStrike Holdings

  • The Trade: CrowdStrike Holdings, Inc. (NASDAQ: CRWD) Director Roxanne Austin acquired a total of 35,000 shares at an average price of $96.19. To acquire these shares, it cost around $3.37 million.
  • What’s Happening: Jefferies downgraded the stock from Buy to Hold and lowered its price target from $175 to $120.
  • What CrowdStrike Holdings Does: CrowdStrike Holdings provides cybersecurity products and services aimed at protecting organizations from cyberthreats.
Don’t forget to check out our premarket coverage here

Check This Out: Fear & Greed Index Moves To 'Neutral' Zone Following Jobs Data

Coinbase (NASDAQ:COIN) Global

  • The Trade: Coinbase Global , Inc. (NASDAQ: COIN) Director Tobias Lutke bought a total of 11,012 shares at an average price of $34.62. To acquire these shares, it cost around $381.24 thousand.
  • What’s Happening: Cowen & Co downgraded the stock from Outperform to Market Perform and announced a $36 price target.
  • What Coinbase Global Does: Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

$3.4 Million Bet On CrowdStrike Holdings? Check Out These 3 Stocks Insiders Are Buying
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email