Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells $383,241.24 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction on Friday, October 25th. The stock was sold at an average price of $26.28, for a total value of $383,241.24. Following the sale, the insider now owns 585,647 shares of the company’s stock, valued at approximately $15,390,803.16. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Ric Smith also recently made the following trade(s):

• On Wednesday, September 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $24.20, for a total transaction of $352,908.60.
• On Monday, September 9th, Ric Smith sold 23,567 shares of SentinelOne stock. The shares were sold at an average price of $21.89, for a total transaction of $515,881.63.
• On Tuesday, September 3rd, Ric Smith sold 14,584 shares of SentinelOne stock. The shares were sold at an average price of $22.99, for a total transaction of $335,286.16.
• On Tuesday, August 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The stock was sold at an average price of $20.56, for a total value of $64,455.60.

SentinelOne Trading Down 2.6 %

NYSE S opened at $25.79 on Friday. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The company has a fifty day simple moving average of $24.41 and a two-hundred day simple moving average of $22.06. The stock has a market cap of $8.18 billion, a P/E ratio of -27.73 and a beta of 0.67.

SentinelOne (NYSE:S) last released its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm’s revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.26) EPS. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Analysts Set New Price Targets

S has been the subject of a number of research analyst reports. Loop Capital lifted their target price on SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. Robert W. Baird upped their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, October 18th. Baird R W raised shares of SentinelOne to a “strong-buy” rating in a research report on Monday, July 15th. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $25.00 to $32.00 in a research report on Monday, October 14th. Finally, JMP Securities reissued a “market outperform” rating and set a $33.00 price objective on shares of SentinelOne in a report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $28.60.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently modified their holdings of the company. Massachusetts Financial Services Co. MA purchased a new position in shares of SentinelOne during the 2nd quarter valued at about $36,237,000. Vanguard Group Inc. grew its holdings in SentinelOne by 7.2% during the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock worth $586,456,000 after acquiring an additional 1,694,407 shares during the period. Eminence Capital LP raised its position in SentinelOne by 24.2% during the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after acquiring an additional 1,337,145 shares in the last quarter. Stephens Investment Management Group LLC acquired a new position in SentinelOne in the third quarter valued at approximately $30,972,000. Finally, AXA S.A. purchased a new stake in SentinelOne in the 2nd quarter worth approximately $20,082,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.