SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello Sells 6,378 Shares of Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 6,378 shares of the business’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total transaction of $124,689.90. Following the sale, the chief accounting officer now owns 230,685 shares in the company, valued at $4,509,891.75. This trade represents a 2.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

SentinelOne Stock Down 0.3 %

Shares of NYSE S opened at $19.84 on Friday. The firm’s 50-day simple moving average is $22.70 and its 200 day simple moving average is $24.22. The company has a market cap of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29.

SentinelOne (NYSE:S) last issued its quarterly earnings results 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). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same quarter last year, the company earned ($0.21) EPS. The firm’s quarterly revenue was up 28.3% on a year-over-year basis. On average, equities analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Scotiabank lifted their price objective on shares of SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. Barclays lowered their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Thursday, December 5th. Susquehanna lifted their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research note on Thursday, December 5th. Finally, UBS Group cut shares of SentinelOne from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $30.00 to $25.00 in a research note on Wednesday, January 15th. 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. According to MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and a consensus target price of $29.48.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Sylebra Capital LLC lifted its position in SentinelOne by 6.2% during the 4th quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock valued at $213,415,000 after purchasing an additional 564,327 shares during the period. Brooklyn FI LLC raised its position in shares of SentinelOne by 1,688.9% in the 4th 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 4th quarter valued at approximately $97,000. Castleark Management LLC acquired a new stake in shares of SentinelOne in the 4th quarter valued at approximately $6,591,000. Finally, Ashford Capital Management Inc. raised its position in shares of SentinelOne by 16.4% in the 4th quarter. Ashford Capital Management Inc. now owns 766,355 shares of the company’s stock valued at $17,013,000 after acquiring an additional 107,920 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

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.