SentinelOne, Inc. (NYSE:S) CFO Sells $197,152.97 in Stock

SentinelOne, Inc. (NYSE:S) CFO David J. Bernhardt sold 11,221 shares of the stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $17.57, for a total transaction of $197,152.97. Following the transaction, the chief financial officer now owns 506,077 shares in the company, valued at $8,891,772.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

SentinelOne Trading Up 0.3 %

Shares of SentinelOne stock opened at $18.46 on Friday. The firm has a 50-day simple moving average of $20.60 and a two-hundred day simple moving average of $23.87. SentinelOne, Inc. has a fifty-two week low of $13.87 and a fifty-two week high of $30.76.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Thursday, May 30th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.18). The firm had revenue of $186.36 million during the quarter, compared to analyst estimates of $181.11 million. SentinelOne had a negative return on equity of 16.48% and a negative net margin of 44.79%. The company’s revenue was up 39.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.35) EPS. On average, equities research analysts forecast that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

S has been the subject of several recent analyst reports. Guggenheim raised their target price on shares of SentinelOne from $26.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Needham & Company LLC lowered their target price on shares of SentinelOne from $31.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, June 3rd. Bank of America lowered their target price on shares of SentinelOne from $35.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, May 31st. Barclays lowered their target price on shares of SentinelOne from $27.00 to $22.00 and set an “equal weight” rating for the company in a research note on Friday, May 31st. Finally, JMP Securities restated a “market outperform” rating and issued a $33.00 target price on shares of SentinelOne in a research note on Friday, May 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $25.08.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Victory Capital Management Inc. increased its stake in shares of SentinelOne by 14.3% during the third quarter. Victory Capital Management Inc. now owns 25,016 shares of the company’s stock worth $422,000 after purchasing an additional 3,130 shares in the last quarter. Amalgamated Bank increased its stake in shares of SentinelOne by 17.2% during the third quarter. Amalgamated Bank now owns 36,335 shares of the company’s stock worth $613,000 after purchasing an additional 5,345 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of SentinelOne by 9.1% during the third quarter. State Board of Administration of Florida Retirement System now owns 147,437 shares of the company’s stock worth $2,486,000 after purchasing an additional 12,300 shares in the last quarter. Prime Capital Investment Advisors LLC increased its stake in shares of SentinelOne by 5.7% during the third quarter. Prime Capital Investment Advisors LLC now owns 15,446 shares of the company’s stock worth $260,000 after purchasing an additional 836 shares in the last quarter. Finally, Deutsche Bank AG increased its stake in shares of SentinelOne by 31.2% during the third quarter. Deutsche Bank AG now owns 199,962 shares of the company’s stock worth $3,371,000 after purchasing an additional 47,559 shares in the last quarter. Institutional investors and hedge funds 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.