SentinelOne, Inc. (NYSE:S) Insider Sells $305,680.64 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,584 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total transaction of $305,680.64. Following the completion of the transaction, the insider now directly owns 529,118 shares of the company’s stock, valued at approximately $11,090,313.28. This represents a 2.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95.
• On Monday, January 27th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $23.29, for a total value of $339,638.07.
• On Thursday, December 26th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were sold at an average price of $22.75, for a total value of $331,763.25.
• On Tuesday, December 10th, Ric Smith sold 41,170 shares of SentinelOne stock. The stock was sold at an average price of $23.98, for a total value of $987,256.60.

SentinelOne Trading Up 0.8 %

NYSE:S traded up $0.17 on Wednesday, reaching $21.03. The stock had a trading volume of 3,446,892 shares, compared to its average volume of 3,918,343. The company has a 50-day moving average of $23.01 and a 200 day moving average of $24.35. The stock has a market cap of $6.76 billion, a P/E ratio of -22.38 and a beta of 0.75. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. During the same period in the prior year, the company posted ($0.21) EPS. The company’s revenue for the quarter was up 28.3% on a year-over-year basis. On average, equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Institutional Trading of SentinelOne

Hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. raised its holdings in SentinelOne by 105.9% in the third quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after acquiring an additional 1,223 shares in the last quarter. Raymond James & Associates lifted its position in shares of SentinelOne by 3.4% during the third quarter. Raymond James & Associates now owns 318,798 shares of the company’s stock worth $7,626,000 after purchasing an additional 10,572 shares during the last quarter. Private Advisor Group LLC grew its stake in SentinelOne by 13.5% in the third quarter. Private Advisor Group LLC now owns 17,598 shares of the company’s stock worth $421,000 after purchasing an additional 2,093 shares in the last quarter. International Assets Investment Management LLC grew its stake in SentinelOne by 2,197.7% in the third quarter. International Assets Investment Management LLC now owns 291,274 shares of the company’s stock worth $6,967,000 after purchasing an additional 278,597 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in SentinelOne during the third quarter valued at approximately $457,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on S. Oppenheimer assumed coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price objective for the company. Scotiabank upped their price target on shares of SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 5th. Westpark Capital reiterated a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a report on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and boosted their price objective for the company from $25.00 to $32.00 in a research note on Tuesday, November 12th. Finally, Morgan Stanley cut their target price on SentinelOne from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 19th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.48.

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.