SentinelOne, Inc. (NYSE:S) Insider Sells $339,638.07 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the stock in a transaction on Monday, January 27th. The shares were sold at an average price of $23.29, for a total value of $339,638.07. Following the completion of the transaction, the insider now owns 531,459 shares of the company’s stock, valued at $12,377,680.11. This trade represents a 2.67 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, December 26th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was 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 shares were sold at an average price of $23.98, for a total value 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.

SentinelOne Trading Up 4.8 %

S stock traded up $1.11 during trading on Tuesday, hitting $24.38. The company had a trading volume of 5,826,845 shares, compared to its average volume of 4,069,652. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of -25.94 and a beta of 0.74. The business has a 50 day moving average of $24.06 and a 200 day moving average of $24.11. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). The company had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. SentinelOne’s quarterly revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.21) EPS. As a group, equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Institutional Investors Weigh In On SentinelOne

Several hedge funds have recently modified their holdings of the business. Champlain Investment Partners LLC acquired a new position in SentinelOne during the third quarter worth $80,604,000. Sylebra Capital LLC raised its stake in SentinelOne by 33.7% during the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after acquiring an additional 2,282,980 shares in the last quarter. Atreides Management LP raised its stake in SentinelOne by 137.3% during the third quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after acquiring an additional 2,200,594 shares in the last quarter. Stephens Investment Management Group LLC acquired a new position in SentinelOne during the third quarter worth $30,972,000. Finally, Wellington Management Group LLP acquired a new position in SentinelOne during the third quarter worth $27,000,000. 90.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on S. Oppenheimer began coverage on SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price for the company. Sanford C. Bernstein cut their target price on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Piper Sandler upgraded SentinelOne from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $25.00 to $32.00 in a research report on Monday, October 14th. Scotiabank lifted their price objective on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research report on Thursday, December 5th. Finally, DA Davidson lifted their price objective on SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $29.56.

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.