SentinelOne, Inc. (NYSE:S) Insider Sells $210,036.48 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 10,624 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $210,036.48. Following the completion of the sale, the insider now owns 488,122 shares of the company’s stock, valued at $9,650,171.94. This represents a 2.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 shares were sold at an average price of $19.10, for a total value 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 shares were sold at an average price of $20.96, for a total transaction of $305,680.64.
• 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 stock was sold at an average price of $23.29, for a total transaction of $339,638.07.

SentinelOne Price Performance

Shares of NYSE S opened at $18.84 on Monday. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The firm has a market capitalization of $6.05 billion, a P/E ratio of -20.04 and a beta of 0.78. The company’s 50 day simple moving average is $21.71 and its 200 day simple moving average is $23.74.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of SentinelOne by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company’s stock valued at $663,366,000 after acquiring an additional 399,056 shares during the last quarter. Sylebra Capital LLC increased its stake in SentinelOne by 6.2% in the fourth 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 in the last quarter. Eminence Capital LP raised its holdings in SentinelOne by 6.4% in the fourth quarter. Eminence Capital LP now owns 6,533,894 shares of the company’s stock worth $145,052,000 after purchasing an additional 392,986 shares during the period. Invesco Ltd. boosted its position in shares of SentinelOne by 18.4% during the fourth quarter. Invesco Ltd. now owns 5,788,022 shares of the company’s stock worth $128,494,000 after purchasing an additional 900,577 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of SentinelOne by 11.3% in the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company’s stock valued at $121,325,000 after buying an additional 516,244 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

S has been the subject of a number of recent research reports. Westpark Capital dropped their target price on SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday, March 11th. Needham & Company LLC dropped their price objective on SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Sanford C. Bernstein reduced their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. UBS Group dropped their target price on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating for the company in a research report on Thursday, March 13th. Finally, Citigroup reduced their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, January 17th. Seven equities research 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $26.33.

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.