SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 20,188 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 20,188 shares of the stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $394,675.40. Following the completion of the transaction, the insider now directly owns 508,930 shares in the company, valued at $9,949,581.50. The trade was a 3.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Tuesday, February 25th, Ric Smith sold 14,584 shares of SentinelOne stock. The stock was sold at an average price of $20.96, for a total transaction of $305,680.64.
• 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 transaction of $339,638.07.
• On Thursday, December 26th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $22.75, for a total transaction 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 transaction of $987,256.60.

SentinelOne Stock Down 0.3 %

NYSE:S opened at $19.84 on Friday. The company has a fifty day moving average of $22.70 and a 200-day moving average of $24.22. The firm has a market capitalization of $6.37 billion, a P/E ratio of -21.10 and a beta of 0.78. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29.

SentinelOne (NYSE:S) last released its quarterly earnings data 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). The company had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business’s revenue was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.21) EPS. On average, analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Sylebra Capital LLC raised its holdings in SentinelOne by 6.2% during the fourth quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock worth $213,415,000 after buying an additional 564,327 shares during the last quarter. Brooklyn FI LLC raised its holdings in SentinelOne by 1,688.9% during the fourth quarter. Brooklyn FI LLC now owns 161,000 shares of the company’s stock worth $3,574,000 after buying an additional 152,000 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in SentinelOne during the fourth quarter worth $97,000. Castleark Management LLC bought a new stake in shares of SentinelOne in the 4th quarter worth $6,591,000. Finally, Ashford Capital Management Inc. grew its stake in shares of SentinelOne by 16.4% in the 4th quarter. Ashford Capital Management Inc. now owns 766,355 shares of the company’s stock worth $17,013,000 after acquiring an additional 107,920 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on S. Needham & Company LLC restated a “buy” rating and issued a $32.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Citigroup reduced their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Robert W. Baird raised their price target on shares of SentinelOne from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Monday, December 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and raised their price target for the company from $25.00 to $32.00 in a research note on Tuesday, November 12th. Finally, Scotiabank lifted their target price 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. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.48.

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.