SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Michael Conder sold 8,401 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.70, for a total value of $131,895.70. Following the sale, the insider owned 982,732 shares in the company, valued at approximately $15,428,892.40. The trade was a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Keenan Michael Conder also recently made the following trade(s):
- On Wednesday, May 6th, Keenan Michael Conder sold 4,550 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total value of $71,207.50.
- On Wednesday, March 25th, Keenan Michael Conder sold 5,578 shares of SentinelOne stock. The stock was sold at an average price of $13.37, for a total value of $74,577.86.
SentinelOne Stock Performance
S opened at $14.75 on Friday. The business’s fifty day moving average is $15.42 and its two-hundred day moving average is $14.72. The company has a market cap of $5.05 billion, a price-to-earnings ratio of -15.36 and a beta of 0.83. SentinelOne, Inc. has a one year low of $11.81 and a one year high of $21.40.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Weiss Ratings downgraded SentinelOne from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. UBS Group upped their price objective on SentinelOne from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Friday, May 29th. Barclays reduced their price objective on SentinelOne from $19.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Friday, May 29th. Wedbush restated an “outperform” rating and issued a $20.00 price objective on shares of SentinelOne in a research report on Friday, May 29th. Finally, Scotiabank upped their price objective on SentinelOne from $15.00 to $16.00 and gave the company a “sector perform” rating in a research report on Friday, May 29th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.67.
Institutional Trading of SentinelOne
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC lifted its position in shares of SentinelOne by 277.7% in the first quarter. Parallel Advisors LLC now owns 5,318 shares of the company’s stock valued at $68,000 after acquiring an additional 3,910 shares in the last quarter. NewEdge Advisors LLC increased its stake in SentinelOne by 137.1% in the first quarter. NewEdge Advisors LLC now owns 16,889 shares of the company’s stock valued at $218,000 after purchasing an additional 9,765 shares during the last quarter. Caerus Investment Advisors LLC increased its stake in SentinelOne by 6.0% in the first quarter. Caerus Investment Advisors LLC now owns 15,390 shares of the company’s stock valued at $198,000 after purchasing an additional 877 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in SentinelOne in the first quarter valued at $17,434,000. Finally, Essential Partners LLC increased its stake in SentinelOne by 157.1% in the first quarter. Essential Partners LLC now owns 15,327 shares of the company’s stock valued at $197,000 after purchasing an additional 9,365 shares during the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.
About SentinelOne
SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.
The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.
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