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

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 transaction of $305,680.64. Following the completion of the sale, the insider now owns 529,118 shares in the company, valued at $11,090,313.28. The trade was a 2.68 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The shares were 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 shares were sold at an average price of $23.29, for a total transaction of $339,638.07.
• On Thursday, December 26th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were 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 Price Performance

Shares of S stock opened at $21.03 on Thursday. The company has a market capitalization of $6.76 billion, a PE ratio of -22.38 and a beta of 0.75. The firm’s 50-day moving average is $22.99 and its two-hundred day moving average is $24.33. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29.

SentinelOne (NYSE:S) last released its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). The firm had revenue of $210.60 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.21) EPS. Sell-side analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on S shares. Guggenheim restated a “buy” rating and issued a $31.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Westpark Capital reissued a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a report on Tuesday, December 3rd. Scotiabank upped their price objective on shares of SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 5th. Cantor Fitzgerald began coverage on shares of SentinelOne in a research report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 target price on the stock. Finally, Robert W. Baird upped their price target on shares of SentinelOne from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and an average target price of $29.48.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently modified their holdings of the business. Smartleaf Asset Management LLC increased its position in shares of SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 556 shares during the last quarter. Avion Wealth purchased a new position in SentinelOne during the fourth quarter worth about $28,000. Crewe Advisors LLC acquired a new stake in shares of SentinelOne during the fourth quarter valued at about $33,000. Arlington Trust Co LLC purchased a new stake in shares of SentinelOne in the 4th quarter valued at approximately $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of SentinelOne in the 4th quarter worth approximately $38,000. 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.