SentinelOne, Inc. (NYSE:S) Insider Sells $2,361,340.80 in Stock

SentinelOne, Inc. (NYSE:S – Get Rating) insider Ric Smith sold 115,752 shares of SentinelOne stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $20.40, for a total value of $2,361,340.80. Following the sale, the insider now directly owns 562,702 shares in the company, valued at $11,479,120.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, May 8th, Ric Smith sold 3,066 shares of SentinelOne stock. The stock was sold at an average price of $17.25, for a total value of $52,888.50.
• On Thursday, March 16th, Ric Smith sold 190,539 shares of SentinelOne stock. The stock was sold at an average price of $15.35, for a total value of $2,924,773.65.

SentinelOne Price Performance

Shares of NYSE S traded up $0.52 during midday trading on Friday, hitting $20.65. 3,764,932 shares of the company’s stock were exchanged, compared to its average volume of 5,965,042. The stock’s 50 day moving average price is $17.05 and its 200-day moving average price is $15.85. The firm has a market cap of $5.96 billion, a P/E ratio of -15.18 and a beta of 0.52. SentinelOne, Inc. has a twelve month low of $12.69 and a twelve month high of $30.00.

SentinelOne (NYSE:S – Get Rating) last released its earnings results on Tuesday, March 14th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.03. The firm had revenue of $126.10 million during the quarter, compared to the consensus estimate of $124.69 million. SentinelOne had a negative return on equity of 21.15% and a negative net margin of 89.70%. The firm’s revenue for the quarter was up 92.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.27) earnings per share. On average, analysts expect that SentinelOne, Inc. will post -1.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on S. Citigroup dropped their target price on SentinelOne from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Friday, March 17th. Wedbush boosted their price objective on SentinelOne from $19.00 to $22.00 in a report on Wednesday, March 15th. The Goldman Sachs Group initiated coverage on SentinelOne in a report on Tuesday, February 14th. They issued a “neutral” rating and a $17.00 price objective for the company. Barclays boosted their price objective on SentinelOne from $17.00 to $22.00 in a report on Monday. Finally, Stephens initiated coverage on SentinelOne in a report on Thursday, April 20th. They issued an “overweight” rating and a $22.00 price objective for the company. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and an average price target of $21.16.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors have recently added to or reduced their stakes in the company. MetLife Investment Management LLC increased its holdings in shares of SentinelOne by 7.6% in the third quarter. MetLife Investment Management LLC now owns 9,192 shares of the company’s stock valued at $235,000 after buying an additional 648 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of SentinelOne by 3.8% in the first quarter. Commonwealth Equity Services LLC now owns 18,039 shares of the company’s stock valued at $295,000 after buying an additional 653 shares in the last quarter. Sei Investments Co. increased its holdings in shares of SentinelOne by 1.0% in the fourth quarter. Sei Investments Co. now owns 72,447 shares of the company’s stock valued at $1,057,000 after buying an additional 723 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of SentinelOne by 11.1% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 7,314 shares of the company’s stock valued at $107,000 after buying an additional 728 shares in the last quarter. Finally, CI Investments Inc. increased its holdings in shares of SentinelOne by 6.4% in the third quarter. CI Investments Inc. now owns 12,401 shares of the company’s stock valued at $317,000 after buying an additional 748 shares in the last quarter. 79.18% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Company Profile

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SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. The company's Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform.