SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 14,584 Shares

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,584 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total value of $305,680.64. Following the sale, the insider now directly owns 529,118 shares of the company’s stock, valued at approximately $11,090,313.28. This represents a 2.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 value 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.
• 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 value of $987,256.60.

SentinelOne Stock Up 1.5 %

S opened at $20.63 on Friday. The firm has a market cap of $6.63 billion, a P/E ratio of -21.94 and a beta of 0.75. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The business’s fifty day simple moving average is $22.95 and its 200 day simple moving average is $24.30.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The company had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm’s revenue was up 28.3% on a year-over-year basis. During the same period in the previous year, the business earned ($0.21) EPS. As a group, equities analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Institutional Trading of SentinelOne

A number of hedge funds have recently added to or reduced their stakes in S. Blue Trust Inc. boosted its stake in SentinelOne by 105.9% in the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock worth $57,000 after buying an additional 1,223 shares during the last quarter. Raymond James & Associates boosted its stake in SentinelOne by 3.4% in the 3rd quarter. Raymond James & Associates now owns 318,798 shares of the company’s stock worth $7,626,000 after buying an additional 10,572 shares during the last quarter. Private Advisor Group LLC boosted its stake in SentinelOne by 13.5% in the 3rd quarter. Private Advisor Group LLC now owns 17,598 shares of the company’s stock worth $421,000 after buying an additional 2,093 shares during the last quarter. International Assets Investment Management LLC boosted its stake in SentinelOne by 2,197.7% in the 3rd quarter. International Assets Investment Management LLC now owns 291,274 shares of the company’s stock worth $6,967,000 after buying an additional 278,597 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in SentinelOne in the 3rd quarter worth about $457,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Morgan Stanley cut their price objective on SentinelOne from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 19th. JPMorgan Chase & Co. increased their price objective on SentinelOne from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, November 29th. Needham & Company LLC reiterated a “buy” rating and issued a $32.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Oppenheimer assumed coverage on SentinelOne in a research report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective for the company. Finally, Sanford C. Bernstein cut their price objective on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Seven 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.