Barbara A. Larson Sells 10,172 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CFO Barbara A. Larson sold 10,172 shares of the stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $201,100.44. Following the transaction, the chief financial officer now owns 473,223 shares in the company, valued at approximately $9,355,618.71. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

SentinelOne Stock Performance

NYSE:S opened at $18.84 on Friday. The firm’s fifty day moving average is $21.71 and its two-hundred day moving average is $23.73. The firm has a market cap of $6.05 billion, a price-to-earnings ratio of -20.04 and a beta of 0.78. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29.

Hedge Funds Weigh In On SentinelOne

Institutional investors and hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC raised its position in SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 556 shares in the last quarter. Avion Wealth acquired a new stake in shares of SentinelOne during the 4th quarter worth approximately $28,000. Crewe Advisors LLC purchased a new position in shares of SentinelOne during the 4th quarter valued at approximately $33,000. Arlington Trust Co LLC acquired a new position in shares of SentinelOne in the 4th quarter valued at $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of SentinelOne in the 4th quarter valued at $38,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on S. Piper Sandler cut their price objective on shares of SentinelOne from $32.00 to $28.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Scotiabank cut their price target on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a report on Thursday, March 13th. Westpark Capital decreased their price objective on SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. Needham & Company LLC cut their target price on SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Finally, Bank of America decreased their price target on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Seven 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.33.

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.