SentinelOne, Inc. (NYSE:S) Insider Sells $1,999,990.20 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 99,502 shares of the company’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $20.10, for a total transaction of $1,999,990.20. Following the sale, the insider now directly owns 639,834 shares of the company’s stock, valued at approximately $12,860,663.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Thursday, June 6th, Ric Smith sold 24,467 shares of SentinelOne stock. The stock was sold at an average price of $17.30, for a total transaction of $423,279.10.

SentinelOne Stock Up 1.2 %

Shares of NYSE:S opened at $20.22 on Friday. The firm’s 50 day moving average price is $19.91 and its 200 day moving average price is $23.28. The stock has a market cap of $6.33 billion, a price-to-earnings ratio of -19.82 and a beta of 0.66. 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 earnings results on Thursday, May 30th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate 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 net margin of 44.79% and a negative return on equity of 16.48%. The firm’s revenue was up 39.7% compared to the same quarter last year. During the same period last year, the business earned ($0.35) EPS. On average, equities analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on S. Citigroup dropped their target price on shares of SentinelOne from $25.00 to $20.00 and set a “neutral” rating for the company in a report on Wednesday, June 5th. Loop Capital dropped their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 31st. Westpark Capital dropped their price objective on shares of SentinelOne from $40.00 to $34.00 and set a “buy” rating for the company in a report on Wednesday. Canaccord Genuity Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and decreased their target price for the company from $28.00 to $23.00 in a research report on Tuesday, June 4th. Finally, Wells Fargo & Company decreased their target price on shares of SentinelOne from $26.00 to $19.00 and set an “equal weight” rating on the stock in a research report on Friday, May 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $24.86.

Hedge Funds Weigh In On SentinelOne

Several hedge funds have recently added to or reduced their stakes in S. Norges Bank purchased a new position in SentinelOne in the fourth quarter valued at approximately $228,872,000. Trivest Advisors Ltd purchased a new position in SentinelOne in the fourth quarter valued at approximately $143,273,000. Sylebra Capital LLC purchased a new position in shares of SentinelOne during the third quarter worth approximately $64,981,000. Eminence Capital LP grew its position in shares of SentinelOne by 89.7% during the fourth quarter. Eminence Capital LP now owns 5,434,754 shares of the company’s stock worth $149,130,000 after acquiring an additional 2,569,781 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of SentinelOne by 7.2% during the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock worth $586,456,000 after acquiring an additional 1,694,407 shares during the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

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.