SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 23,567 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 23,567 shares of SentinelOne stock in a transaction on Monday, September 9th. The stock was sold at an average price of $21.89, for a total value of $515,881.63. Following the sale, the insider now owns 585,647 shares of the company’s stock, valued at $12,819,812.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• 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 stock was 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 shares were 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 Trading Down 0.6 %

NYSE:S opened at $21.65 on Wednesday. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The company has a market cap of $6.77 billion, a PE ratio of -21.23 and a beta of 0.67. The company’s 50 day moving average is $22.30 and its two-hundred day moving average is $21.98.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, August 23rd. Robert W. Baird increased their target price on shares of SentinelOne from $25.00 to $29.00 and gave the stock an “outperform” rating in a report on Monday, August 26th. Susquehanna boosted their price target on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. Baird R W upgraded shares of SentinelOne to a “strong-buy” rating in a research note on Monday, July 15th. Finally, JMP Securities reissued a “market outperform” rating and issued a $33.00 price objective on shares of SentinelOne in a research note on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.96.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Norges Bank acquired a new stake in shares of SentinelOne during the fourth quarter worth about $228,872,000. Eminence Capital LP lifted its stake in SentinelOne by 89.7% during the 4th quarter. Eminence Capital LP now owns 5,434,754 shares of the company’s stock valued at $149,130,000 after acquiring an additional 2,569,781 shares during the period. Massachusetts Financial Services Co. MA purchased a new stake in shares of SentinelOne in the 2nd quarter valued at $36,237,000. Vanguard Group Inc. increased its stake in shares of SentinelOne by 7.2% in the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock worth $586,456,000 after acquiring an additional 1,694,407 shares during the period. Finally, AXA S.A. purchased a new position in shares of SentinelOne during the second quarter worth $20,082,000. 90.87% of the stock is 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.