SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 10,624 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 10,624 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $210,036.48. Following the completion of the transaction, the insider now owns 488,122 shares in the company, valued at $9,650,171.94. This represents a 2.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Tuesday, March 18th, Ric Smith sold 31,659 shares of SentinelOne stock. The stock was sold at an average price of $19.10, for a total transaction of $604,686.90.
• On Thursday, March 6th, Ric Smith sold 20,188 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total transaction of $394,675.40.
• On Tuesday, February 25th, Ric Smith sold 14,584 shares of SentinelOne stock. The stock was sold at an average price of $20.96, for a total value of $305,680.64.
• 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 value of $339,638.07.

SentinelOne Stock Performance

Shares of NYSE S opened at $18.84 on Friday. The stock’s 50-day simple moving average is $21.71 and its 200-day simple moving average is $23.71. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29. The firm has a market cap of $6.05 billion, a price-to-earnings ratio of -20.04 and a beta of 0.78.

Institutional Trading of SentinelOne

A number of hedge funds and other institutional investors have recently made changes to their positions in S. Marshall Wace LLP raised its stake in SentinelOne by 715.4% during the fourth quarter. Marshall Wace LLP now owns 4,794,908 shares of the company’s stock valued at $106,447,000 after buying an additional 4,206,900 shares in the last quarter. Norges Bank bought a new stake in shares of SentinelOne in the 4th quarter valued at approximately $73,528,000. Point72 Asset Management L.P. acquired a new stake in shares of SentinelOne during the 4th quarter valued at approximately $63,120,000. Sylebra Capital LLC lifted its stake in SentinelOne by 33.7% during the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after purchasing an additional 2,282,980 shares during the last quarter. Finally, Atreides Management LP boosted its holdings in SentinelOne by 137.3% in the third quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after purchasing an additional 2,200,594 shares during the period. Institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on S. Susquehanna lowered their price target on SentinelOne from $30.00 to $25.00 and set a “positive” rating for the company in a report on Thursday, March 13th. Jefferies Financial Group lowered their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Barclays cut their price target on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 11th. Morgan Stanley initiated coverage on SentinelOne in a report on Tuesday, March 18th. They issued an “equal weight” rating and a $20.00 price objective on the stock. Finally, Westpark Capital lowered their price target on shares of SentinelOne from $34.00 to $31.00 and set a “buy” rating on the stock in a research note on Tuesday, March 11th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.33.

About SentinelOne

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.