Insider Selling: SentinelOne Inc (NYSE:S) CFO Sells 4,810 Shares of Stock

SentinelOne Inc (NYSE:S) CFO David J. Bernhardt sold 4,810 shares of the firm’s stock in a transaction that occurred on Tuesday, January 11th. The stock was sold at an average price of $48.06, for a total transaction of $231,168.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

S stock opened at $42.68 on Friday. SentinelOne Inc has a 12 month low of $39.94 and a 12 month high of $78.53.

SentinelOne (NYSE:S) last released its quarterly earnings data on Tuesday, December 7th. The company reported ($0.15) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.03. The firm had revenue of $56.02 million for the quarter, compared to analyst estimates of $49.58 million. SentinelOne had a negative net margin of 140.35% and a negative return on equity of 33.26%. The company’s quarterly revenue was up 128.1% on a year-over-year basis. On average, equities research analysts forecast that SentinelOne Inc will post -1.15 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in S. Corsicana & Co. acquired a new position in shares of SentinelOne during the 4th quarter worth $25,000. FourThought Financial LLC increased its stake in shares of SentinelOne by 107.2% during the 4th quarter. FourThought Financial LLC now owns 2,901 shares of the company’s stock worth $146,000 after purchasing an additional 1,501 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of SentinelOne during the 3rd quarter worth $2,010,000. Finally, Balyasny Asset Management LLC increased its stake in shares of SentinelOne by 142.7% during the 3rd quarter. Balyasny Asset Management LLC now owns 555,344 shares of the company’s stock worth $29,750,000 after purchasing an additional 326,498 shares during the last quarter. Hedge funds and other institutional investors own 56.17% of the company’s stock.

S has been the subject of several recent analyst reports. Bank of America lowered their target price on shares of SentinelOne from $77.00 to $67.00 and set a “buy” rating for the company in a research note on Wednesday, December 8th. Loop Capital decreased their price target on shares of SentinelOne from $82.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, December 8th. Needham & Company LLC assumed coverage on shares of SentinelOne in a report on Wednesday, December 8th. They set a “buy” rating and a $81.00 target price on the stock. Deutsche Bank Aktiengesellschaft cut their price objective on shares of SentinelOne from $77.00 to $63.00 and set a “buy” rating on the stock in a report on Wednesday, December 8th. Finally, Wells Fargo & Company cut their price objective on shares of SentinelOne from $80.00 to $60.00 and set an “overweight” rating on the stock in a report on Wednesday, December 8th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $67.88.

SentinelOne Company Profile

SentinelOne’s cybersecurity solutions encompass AI-powered prevention, detection, response and hunting across endpoints, containers, cloud workloads, and IoT devices in a single autonomous XDR platform.

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Insider Buying and Selling by Quarter for SentinelOne (NYSE:S)

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