SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello Sells 5,022 Shares

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 5,022 shares of the stock in a transaction on Friday, September 6th. The stock was sold at an average price of $22.80, for a total value of $114,501.60. Following the completion of the sale, the chief accounting officer now owns 193,542 shares of the company’s stock, valued at approximately $4,412,757.60. The sale was disclosed in a filing with the SEC, which is accessible through this link.

SentinelOne Trading Down 0.7 %

Shares of NYSE:S traded down $0.15 during trading on Tuesday, reaching $21.64. The company’s stock had a trading volume of 3,121,831 shares, compared to its average volume of 5,544,765. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The firm’s 50 day simple moving average is $22.28 and its two-hundred day simple moving average is $22.02. The stock has a market capitalization of $6.86 billion, a PE ratio of -21.08 and a beta of 0.67.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The firm had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. During the same quarter last year, the firm earned ($0.26) EPS. The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. Research analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

Institutional Trading of SentinelOne

Institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. bought a new stake in SentinelOne in the second quarter worth about $27,000. Allspring Global Investments Holdings LLC lifted its stake in SentinelOne by 49.1% in 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 last quarter. Newbridge Financial Services Group Inc. bought a new stake in SentinelOne in the fourth quarter worth about $30,000. Sugarloaf Wealth Management LLC lifted its stake in SentinelOne by 56.0% in the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after purchasing an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC bought a new stake in SentinelOne in the second quarter worth about $49,000. Institutional investors own 90.87% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Canaccord Genuity Group upgraded SentinelOne from a “hold” rating to a “buy” rating and cut their price target for the stock from $28.00 to $23.00 in a research note on Tuesday, June 4th. JMP Securities reiterated a “market outperform” rating and issued a $33.00 price target on shares of SentinelOne in a research note on Wednesday, August 28th. Wedbush increased their price target on SentinelOne from $20.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. Morgan Stanley increased their price target on SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Finally, Scotiabank raised their price objective on SentinelOne from $18.00 to $25.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.96.

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.