SentinelOne (NYSE:S) Insider Keenan Michael Conder Sells 8,311 Shares

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 8,311 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $14.58, for a total value of $121,174.38. Following the completion of the sale, the insider owned 565,225 shares in the company, valued at approximately $8,240,980.50. This represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Keenan Michael Conder also recently made the following trade(s):

• On Thursday, November 6th, Keenan Michael Conder sold 5,871 shares of SentinelOne stock. The stock was sold at an average price of $16.56, for a total value of $97,223.76.

SentinelOne Price Performance

Shares of NYSE S traded up $0.43 during midday trading on Wednesday, reaching $15.27. 16,982,234 shares of the company traded hands, compared to its average volume of 6,110,296. The company has a market cap of $5.10 billion, a price-to-earnings ratio of -12.22 and a beta of 0.76. The stock has a 50-day moving average price of $16.81 and a 200 day moving average price of $17.57. SentinelOne, Inc. has a 52 week low of $14.48 and a 52 week high of $25.24.

SentinelOne (NYSE:S) last released its earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The firm had revenue of $258.91 million for the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter last year, the company earned ($0.25) EPS. SentinelOne’s quarterly revenue was up 22.9% on a year-over-year basis. As a group, analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Oppenheimer dropped their target price on SentinelOne from $26.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday, December 5th. Robert W. Baird lifted their price target on SentinelOne from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Cantor Fitzgerald cut their price objective on SentinelOne from $24.00 to $22.00 and set an “overweight” rating for the company in a report on Monday, November 24th. Westpark Capital reaffirmed a “buy” rating and set a $25.00 target price on shares of SentinelOne in a report on Friday, December 5th. Finally, Berenberg Bank began coverage on shares of SentinelOne in a research report on Tuesday, November 18th. They issued a “buy” rating and a $25.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and an average price target of $22.43.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP lifted its holdings in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 726 shares during the last quarter. Strategic Advocates LLC acquired a new stake in SentinelOne during the 3rd quarter worth about $26,000. Danske Bank A S purchased a new stake in SentinelOne during the third quarter valued at about $26,000. Atlantic Union Bankshares Corp acquired a new position in shares of SentinelOne in the second quarter worth about $29,000. Finally, MAI Capital Management boosted its holdings in shares of SentinelOne by 121.2% in the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after buying an additional 1,000 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

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.