SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 20,188 Shares

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 20,188 shares of the company’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $394,675.40. Following the sale, the insider now directly owns 508,930 shares in the company, valued at $9,949,581.50. This trade represents a 3.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• 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 stock was 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.
• 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 transaction of $987,256.60.

SentinelOne Trading Down 0.3 %

Shares of S opened at $19.84 on Monday. The firm’s 50-day moving average price is $22.65 and its 200-day moving average price is $24.19. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29.

Institutional Investors Weigh In On SentinelOne

A number of large investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC lifted its position in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 556 shares during the period. Avion Wealth purchased a new position in SentinelOne in the fourth quarter worth about $28,000. Crewe Advisors LLC purchased a new position in shares of SentinelOne during the fourth quarter valued at approximately $33,000. Arlington Trust Co LLC purchased a new position in shares of SentinelOne during the fourth quarter valued at approximately $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of SentinelOne during the fourth quarter valued at approximately $38,000. Institutional investors own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on S. Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and increased their target price for the company from $25.00 to $32.00 in a research report on Tuesday, November 12th. Scotiabank raised their price objective on shares of SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, December 5th. Sanford C. Bernstein lowered 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. Cantor Fitzgerald started coverage on shares of SentinelOne in a research note on Thursday, January 9th. They issued an “overweight” rating and a $30.00 target price on the stock. Finally, Barclays lowered their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.48.

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.