SentinelOne, Inc. (NYSE:S) Insider Sells $331,763.25 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $22.75, for a total transaction of $331,763.25. Following the sale, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 transaction of $987,256.60.
• On Wednesday, November 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The shares were sold at an average price of $26.25, for a total value of $82,293.75.
• On Friday, October 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $26.28, for a total value of $383,241.24.

SentinelOne Trading Down 1.7 %

NYSE S traded down $0.39 during trading on Friday, reaching $22.45. The company’s stock had a trading volume of 3,305,128 shares, compared to its average volume of 5,248,993. The stock has a market capitalization of $7.21 billion, a PE ratio of -23.88 and a beta of 0.67. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The business has a 50-day moving average price of $25.90 and a 200-day moving average price of $23.51.

SentinelOne (NYSE:S) last released its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million for the quarter, compared to the consensus estimate 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 for the quarter was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.21) EPS. As a group, analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

S has been the subject of a number of recent analyst reports. Guggenheim reiterated a “buy” rating and issued a $31.00 price target on shares of SentinelOne in a research report on Thursday, December 5th. Barclays reduced their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday, December 5th. Jefferies Financial Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and lifted their target price for the stock from $27.00 to $30.00 in a research report on Thursday, December 19th. Morgan Stanley restated an “equal weight” rating and set a $29.00 price target on shares of SentinelOne in a report on Monday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and raised their price objective for the stock from $25.00 to $32.00 in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $29.44.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently made changes to their positions in S. Waldron Private Wealth LLC acquired a new position in shares of SentinelOne during the 3rd quarter valued at about $26,000. Allspring Global Investments Holdings LLC grew its holdings in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after purchasing an additional 434 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in SentinelOne during the third quarter valued at approximately $55,000. Blue Trust Inc. raised its position in shares of SentinelOne by 105.9% in the third quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after purchasing an additional 1,223 shares during the period. Finally, Huntington National Bank lifted its stake in shares of SentinelOne by 287.9% in the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock worth $57,000 after buying an additional 1,765 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.