SentinelOne, Inc. (NYSE:S) Insider Sells $331,763.25 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $22.75, for a total transaction of $331,763.25. Following the completion of the sale, the insider now directly owns 531,459 shares in the company, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Tuesday, December 10th, Ric Smith sold 41,170 shares of SentinelOne stock. The shares were sold at an average price of $23.98, for a total transaction of $987,256.60.
• On Wednesday, November 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The stock was sold at an average price of $26.25, for a total transaction of $82,293.75.
• On Friday, October 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $26.28, for a total value of $383,241.24.

SentinelOne Price Performance

SentinelOne stock opened at $22.45 on Monday. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The business has a fifty day moving average price of $25.82 and a 200-day moving average price of $23.59. The stock has a market capitalization of $7.21 billion, a price-to-earnings ratio of -23.88 and a beta of 0.67.

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

Institutional Trading of SentinelOne

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its position in SentinelOne by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,642,664 shares of the company’s stock worth $34,578,000 after acquiring an additional 247,840 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the period. Commonwealth Equity Services LLC boosted its position in SentinelOne by 43.4% in the second quarter. Commonwealth Equity Services LLC now owns 38,991 shares of the company’s stock valued at $821,000 after buying an additional 11,800 shares during the last quarter. Van ECK Associates Corp increased its holdings in SentinelOne by 5.5% in the 2nd quarter. Van ECK Associates Corp now owns 94,526 shares of the company’s stock worth $1,990,000 after buying an additional 4,932 shares during the period. Finally, Versor Investments LP acquired a new position in SentinelOne in the 2nd quarter worth approximately $297,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

S has been the topic of several research analyst reports. Scotiabank upped their price objective on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research report on Thursday, December 5th. Morgan Stanley restated an “equal weight” rating and issued a $29.00 price target on shares of SentinelOne in a report on Monday, December 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $32.00 in a report on Tuesday, November 12th. Needham & Company LLC restated a “buy” rating and issued a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $30.00 target price on shares of SentinelOne in a research report on Friday, October 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and a consensus price target of $29.44.

About SentinelOne

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.