Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells $339,638.07 in Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $23.29, for a total transaction of $339,638.07. Following the sale, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,377,680.11. This represents a 2.67 % decrease in their ownership of the stock. The transaction 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 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.
• On Wednesday, November 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The shares were sold at an average price of $26.25, for a total value of $82,293.75.

SentinelOne Stock Up 2.0 %

Shares of NYSE:S opened at $24.14 on Friday. The firm has a market cap of $7.76 billion, a P/E ratio of -25.68 and a beta of 0.74. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The company’s 50-day moving average price is $23.91 and its two-hundred day moving average price is $24.11.

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). 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 prior year, the business earned ($0.21) EPS. The business’s revenue for the quarter was up 28.3% on a year-over-year basis. As a group, equities analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Avior Wealth Management LLC increased its position in SentinelOne by 4.0% in the third quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock worth $553,000 after purchasing an additional 898 shares during the period. Bullseye Asset Management LLC grew its position in shares of SentinelOne by 1.5% during 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 during the period. MetLife Investment Management LLC raised its stake in shares of SentinelOne by 17.4% during the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock worth $163,000 after buying an additional 1,012 shares during the last quarter. Legato Capital Management LLC lifted its holdings in SentinelOne by 8.1% in the fourth quarter. Legato Capital Management LLC now owns 13,682 shares of the company’s stock valued at $304,000 after buying an additional 1,022 shares during the period. Finally, Waldron Private Wealth LLC bought a new position in SentinelOne in the third quarter valued at approximately $26,000. Institutional investors own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on S shares. Guggenheim reissued a “buy” rating and issued a $31.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Westpark Capital restated a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a research report on Tuesday, December 3rd. JPMorgan Chase & Co. upped their price objective on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, November 29th. Scotiabank lifted 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. Finally, Wedbush raised SentinelOne to a “strong-buy” rating in a report on Thursday, October 17th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.56.

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.