SentinelOne, Inc. (NYSE:S) Insider Sells $987,256.60 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 41,170 shares of SentinelOne stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total value of $987,256.60. Following the sale, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,744,386.82. This trade represents a 7.19 % decrease in their position. The sale 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 Wednesday, November 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The shares were sold at an average price of $26.25, for a total value 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.
• On Wednesday, September 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $24.20, for a total transaction of $352,908.60.

SentinelOne Price Performance

Shares of S opened at $23.91 on Friday. The company has a 50-day simple moving average of $26.36 and a two-hundred day simple moving average of $23.24. The firm has a market capitalization of $7.68 billion, a PE ratio of -25.44 and a beta of 0.67. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76.

SentinelOne (NYSE:S) last released its 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 firm had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. During the same quarter in the previous year, the business earned ($0.21) EPS. The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. Analysts expect that SentinelOne, Inc. will post -0.75 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on S. JPMorgan Chase & Co. increased their target price on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, November 29th. DA Davidson raised their price objective on SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Piper Sandler upgraded SentinelOne from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $25.00 to $32.00 in a report on Monday, October 14th. Barclays dropped their target price on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. Finally, Robert W. Baird lifted their price target on SentinelOne from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Monday, December 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and an average price target of $29.42.

Institutional Trading of SentinelOne

A number of hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC increased its stake in shares of SentinelOne by 49.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after acquiring an additional 434 shares in the last quarter. Archford Capital Strategies LLC grew its holdings in SentinelOne by 1.8% in the second quarter. Archford Capital Strategies LLC now owns 45,861 shares of the company’s stock worth $965,000 after purchasing an additional 790 shares during the period. Avior Wealth Management LLC increased its stake in shares of SentinelOne by 4.0% during the third quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock valued at $553,000 after purchasing an additional 898 shares in the last quarter. Straight Path Wealth Management lifted its holdings in shares of SentinelOne by 4.9% during the second quarter. Straight Path Wealth Management now owns 21,500 shares of the company’s stock valued at $453,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Bullseye Asset Management LLC boosted its position in shares of SentinelOne by 1.5% in the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock worth $1,605,000 after purchasing an additional 1,000 shares in 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.