Robin Tomasello Sells 6,378 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 6,378 shares of the company’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $124,689.90. Following the completion of the sale, the chief accounting officer now directly owns 230,685 shares in the company, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

SentinelOne Trading Down 0.3 %

Shares of SentinelOne stock opened at $19.84 on Friday. The company has a 50 day moving average of $22.65 and a 200-day moving average of $24.19. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The company has a market cap of $6.37 billion, a PE ratio of -21.10 and a beta of 0.78.

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 analysts’ consensus estimates 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 firm had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same period last year, the company posted ($0.21) EPS. The business’s revenue was up 28.3% on a year-over-year basis. Research analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on S. Cantor Fitzgerald began coverage on shares of SentinelOne in a report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Guggenheim reaffirmed a “buy” rating and issued a $31.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Robert W. Baird upped 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. Finally, Sanford C. Bernstein decreased their price target on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.48.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently made changes to their positions in S. Wealth Enhancement Advisory Services LLC bought a new stake in shares of SentinelOne during the 3rd quarter worth approximately $457,000. Van ECK Associates Corp lifted its stake in SentinelOne by 1.6% in the 3rd quarter. Van ECK Associates Corp now owns 96,015 shares of the company’s stock valued at $2,427,000 after purchasing an additional 1,489 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in SentinelOne by 1.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 190,315 shares of the company’s stock valued at $4,552,000 after purchasing an additional 2,833 shares during the last quarter. Amalgamated Bank lifted its stake in SentinelOne by 14.3% in the 3rd quarter. Amalgamated Bank now owns 14,886 shares of the company’s stock valued at $356,000 after purchasing an additional 1,857 shares during the last quarter. Finally, Malaga Cove Capital LLC lifted its stake in SentinelOne by 30.4% in the 3rd quarter. Malaga Cove Capital LLC now owns 42,020 shares of the company’s stock valued at $1,005,000 after purchasing an additional 9,787 shares during the last quarter. Institutional investors 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.