Ric Smith Sells 31,659 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 31,659 shares of the firm’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $19.10, for a total value of $604,686.90. Following the completion of the transaction, the insider now owns 477,271 shares of the company’s stock, valued at approximately $9,115,876.10. This represents a 6.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, March 6th, Ric Smith sold 20,188 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total transaction of $394,675.40.
• 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 shares were 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 value 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 value of $331,763.25.

SentinelOne Trading Down 0.4 %

Shares of NYSE S opened at $19.37 on Friday. The stock has a fifty day moving average price of $22.00 and a 200 day moving average price of $23.84. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The company has a market cap of $6.22 billion, a P/E ratio of -20.60 and a beta of 0.78.

Wall Street Analyst Weigh In

S has been the topic of several recent research reports. JPMorgan Chase & Co. reduced their price objective on SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. Citigroup reduced their target price on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Friday, January 17th. Westpark Capital lowered their price target on shares of SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday, March 11th. Morgan Stanley assumed coverage on shares of SentinelOne in a research note on Tuesday. They set an “equal weight” rating and a $20.00 price objective on the stock. Finally, Needham & Company LLC decreased their target price on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $26.33.

Institutional Investors Weigh In On SentinelOne

Several institutional investors and hedge funds have recently modified their holdings of S. Smartleaf Asset Management LLC boosted its stake in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after purchasing an additional 556 shares during the period. Avion Wealth purchased a new position in SentinelOne in the 4th quarter valued at about $28,000. Crewe Advisors LLC acquired a new stake in shares of SentinelOne during the fourth quarter valued at about $33,000. Arlington Trust Co LLC purchased a new stake in shares of SentinelOne during the fourth quarter worth about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of SentinelOne in the fourth quarter worth about $38,000. Hedge funds and other 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.