SentinelOne, Inc. (NYSE:S) Insider Sells $305,680.64 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,584 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total transaction of $305,680.64. Following the transaction, the insider now directly owns 529,118 shares of the company’s stock, valued at $11,090,313.28. This represents a 2.68 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95.
• On Monday, January 27th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $23.29, for a total transaction 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 transaction 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 Stock Up 1.5 %

Shares of S opened at $20.63 on Friday. The stock has a 50 day moving average price of $22.95 and a 200 day moving average price of $24.30. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of -21.94 and a beta of 0.75. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $29.29.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million during the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period last year, the company earned ($0.21) earnings per share. On average, equities analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

Several large investors have recently modified their holdings of the company. Brooklyn FI LLC boosted its holdings in shares of SentinelOne by 1,688.9% in the fourth quarter. Brooklyn FI LLC now owns 161,000 shares of the company’s stock valued at $3,574,000 after acquiring an additional 152,000 shares during the period. Sunbelt Securities Inc. acquired a new stake in shares of SentinelOne in the fourth quarter valued at approximately $97,000. Sylebra Capital LLC boosted its holdings in shares of SentinelOne by 6.2% in the fourth quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock valued at $213,415,000 after acquiring an additional 564,327 shares during the period. Castleark Management LLC acquired a new stake in shares of SentinelOne during the fourth quarter worth $6,591,000. Finally, Ashford Capital Management Inc. lifted its holdings in shares of SentinelOne by 16.4% during the fourth quarter. Ashford Capital Management Inc. now owns 766,355 shares of the company’s stock worth $17,013,000 after purchasing an additional 107,920 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley cut their target price on shares of SentinelOne from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday, February 19th. Cantor Fitzgerald began coverage on shares of SentinelOne in a research note on Thursday, January 9th. They set an “overweight” rating and a $30.00 target price on the stock. Citigroup lowered their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, January 17th. Needham & Company LLC reissued a “buy” rating and set a $32.00 price target on shares of SentinelOne in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. boosted their price target on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, November 29th. Seven investment 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. According to MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $29.48.

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.