Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells 14,584 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,584 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total transaction of $305,680.64. Following the sale, the insider now owns 529,118 shares of the company’s stock, valued at approximately $11,090,313.28. The trade was a 2.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were 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 shares were 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 stock was sold at an average price of $23.98, for a total value of $987,256.60.

SentinelOne Trading Up 0.8 %

Shares of NYSE S traded up $0.17 during mid-day trading on Wednesday, reaching $21.03. The company had a trading volume of 3,446,892 shares, compared to its average volume of 3,918,343. The company has a 50-day moving average price of $23.01 and a two-hundred day moving average price of $24.35. The stock has a market cap of $6.76 billion, a PE ratio of -22.38 and a beta of 0.75. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year 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 for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The company had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.21) EPS. On average, research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

Institutional Investors Weigh In On SentinelOne

A number of large investors have recently made changes to their positions in the company. Guggenheim Capital LLC boosted its position in SentinelOne by 1.4% during the 4th quarter. Guggenheim Capital LLC now owns 34,396 shares of the company’s stock worth $764,000 after acquiring an additional 478 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 556 shares during the period. Laird Norton Wetherby Wealth Management LLC grew its position in SentinelOne by 4.6% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company’s stock valued at $365,000 after purchasing an additional 724 shares in the last quarter. Avior Wealth Management LLC increased its stake in SentinelOne by 4.0% in the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock valued at $553,000 after buying an additional 898 shares during the period. Finally, Bullseye Asset Management LLC lifted its position in SentinelOne by 1.5% in the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock worth $1,605,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Scotiabank increased their target price on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 5th. Needham & Company LLC restated a “buy” rating and set a $32.00 price target on shares of SentinelOne in a research report on Thursday, December 5th. Oppenheimer began coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective on the stock. UBS Group cut shares of SentinelOne from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $30.00 to $25.00 in a research report on Wednesday, January 15th. Finally, Guggenheim reaffirmed a “buy” rating and set a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Seven 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.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.48.

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.