Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells 14,583 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the business’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $24.20, for a total value of $352,908.60. Following the sale, the insider now owns 585,647 shares in the company, valued at approximately $14,172,657.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, September 9th, Ric Smith sold 23,567 shares of SentinelOne stock. The stock was sold at an average price of $21.89, for a total value of $515,881.63.
• On Tuesday, September 3rd, Ric Smith sold 14,584 shares of SentinelOne stock. The shares were sold at an average price of $22.99, for a total transaction of $335,286.16.
• On Tuesday, August 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The shares were sold at an average price of $20.56, for a total transaction of $64,455.60.
• On Thursday, July 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $23.54, for a total transaction of $343,283.82.
• On Friday, July 5th, Ric Smith sold 99,502 shares of SentinelOne stock. The stock was sold at an average price of $20.10, for a total value of $1,999,990.20.

SentinelOne Stock Up 0.5 %

S stock opened at $24.08 on Friday. The firm has a market cap of $7.64 billion, a PE ratio of -23.61 and a beta of 0.67. The business has a 50 day moving average of $23.13 and a 200-day moving average of $21.68. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.26) EPS. On average, research analysts expect that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Analysts Set New Price Targets

S has been the subject of a number of analyst reports. Wedbush raised their price objective on SentinelOne from $20.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, August 26th. Morgan Stanley boosted their price target on shares of SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 28th. Canaccord Genuity Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and lowered their target price for the stock from $28.00 to $23.00 in a research note on Tuesday, June 4th. DA Davidson upped their price target on shares of SentinelOne from $18.50 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, August 28th. Finally, BTIG Research boosted their price objective on SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $27.83.

Institutional Trading of SentinelOne

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of SentinelOne by 7.2% during the 1st quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock valued at $586,456,000 after acquiring an additional 1,694,407 shares during the period. First Trust Advisors LP raised its holdings in shares of SentinelOne by 1.6% in the 4th quarter. First Trust Advisors LP now owns 10,373,253 shares of the company’s stock worth $284,642,000 after purchasing an additional 162,846 shares during the period. Eminence Capital LP lifted its stake in SentinelOne by 24.2% in the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after purchasing an additional 1,337,145 shares during the last quarter. Sylebra Capital LLC grew its holdings in SentinelOne by 10.5% during the second quarter. Sylebra Capital LLC now owns 6,765,974 shares of the company’s stock valued at $142,424,000 after purchasing an additional 643,097 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in SentinelOne by 19.2% in the second quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company’s stock worth $77,299,000 after buying an additional 590,628 shares during the last quarter. Hedge funds and other institutional investors 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.