Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells 14,583 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $22.75, for a total transaction of $331,763.25. Following the completion of the sale, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. The trade was a 2.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• 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 transaction of $987,256.60.
• On Wednesday, November 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The stock was sold at an average price of $26.25, for a total transaction of $82,293.75.
• On Friday, October 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were sold at an average price of $26.28, for a total value of $383,241.24.

SentinelOne Stock Down 1.7 %

NYSE S opened at $22.45 on Friday. The company has a market capitalization of $7.21 billion, a price-to-earnings ratio of -23.88 and a beta of 0.67. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The stock has a fifty day simple moving average of $25.90 and a 200 day simple moving average of $23.51.

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 the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The company had revenue of $210.60 million during the quarter, compared to analyst estimates of $209.73 million. During the same period in the previous year, the company posted ($0.21) EPS. The company’s quarterly revenue was up 28.3% on a year-over-year basis. Research analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

S has been the subject of several analyst reports. Piper Sandler raised SentinelOne from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $25.00 to $32.00 in a report on Monday, October 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Susquehanna increased 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. JPMorgan Chase & Co. raised their target price on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, November 29th. Finally, Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price target for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.44.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently added to or reduced their stakes in S. Waldron Private Wealth LLC bought a new position in shares of SentinelOne in the 3rd quarter worth about $26,000. Allspring Global Investments Holdings LLC grew its stake in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the period. Capital Performance Advisors LLP bought a new stake in SentinelOne in the third quarter worth approximately $55,000. Blue Trust Inc. lifted its stake in SentinelOne by 105.9% in the third quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after buying an additional 1,223 shares during the period. Finally, Huntington National Bank lifted its stake in SentinelOne by 287.9% in the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock valued at $57,000 after buying an additional 1,765 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.