Latest Insider Selling: 5 Large-Cap Tech Stocks to Watch

3. Crowdstrike Holdings Inc (NASDAQ:CRWD)

Number of Hedge Fund Investors: 62

Crowdstrike Holdings Inc (NASDAQ:CRWD) ranks third in our list of the large-cap tech stocks with recent insider selling. Crowdstrike (NASDAQ:CRWD) CEO George Kurtz on March 21 sold 78,080 shares of Crowdstrike  (NASDAQ:CRWD) at $326.78 per share. On the same day, Crowdstrike Holdings Inc’s (NASDAQ:CRWD) Chief Accounting Officer Anurag Saha sold 1,019 shares of Crowdstrike (NASDAQ:CRWD) at $325.80 per share. Crowdstrike (NASDAQ:CRWD) Chief Security Officer also sold 37,704 shares of Crowdstrike  (NASDAQ:CRWD) while its CFO let go of about 26,000 shares. These transactions also took place on March 21. Since then the stock is down by about 1.4%.

Carillon Scout Mid Cap Fund stated the following regarding CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in its fourth quarter 2023 investor letter:

“The top contributor for the quarter was CrowdStrike Holdings, Inc. (NASDAQ:CRWD). This security software company’s stock rallied on reports of robust cybersecurity demand and solid earnings, which pushed earnings estimates higher.”