SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 2,341 Shares

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 2,341 shares of the firm’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $56,066.95. Following the transaction, the insider now directly owns 529,118 shares of the company’s stock, valued at approximately $12,672,376.10. This represents a 0.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 value of $339,638.07.
• 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 transaction of $987,256.60.

SentinelOne Trading Up 0.4 %

S stock opened at $23.93 on Friday. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The stock has a market cap of $7.69 billion, a P/E ratio of -25.45 and a beta of 0.75. The stock’s fifty day simple moving average is $23.41 and its two-hundred day simple moving average is $24.20.

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

Institutional Investors Weigh In On SentinelOne

Large investors have recently modified their holdings of the stock. Waldron Private Wealth LLC bought a new stake in shares of SentinelOne in the third quarter valued at $26,000. Smartleaf Asset Management LLC raised its stake in SentinelOne by 86.6% in the 4th 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 during the period. Avion Wealth purchased a new stake in SentinelOne during the fourth quarter valued at about $28,000. Crewe Advisors LLC purchased a new stake in SentinelOne during the fourth quarter valued at about $33,000. Finally, Arlington Trust Co LLC purchased a new position in shares of SentinelOne in the fourth quarter worth about $33,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on S. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $25.00 to $32.00 in a research note on Monday, October 14th. JPMorgan Chase & Co. increased their price target on SentinelOne from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, November 29th. Sanford C. Bernstein lowered their target price on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Oppenheimer assumed coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective for the company. Finally, Needham & Company LLC reissued a “buy” rating and set a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $29.56.

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.