SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 14,583 Shares

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $22.75, for a total value of $331,763.25. Following the completion of the sale, the insider now directly owns 531,459 shares in the company, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, December 10th, Ric Smith sold 41,170 shares of SentinelOne stock. The shares were 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 stock was sold at an average price of $26.25, for a total value of $82,293.75.
• On Friday, October 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $26.28, for a total transaction of $383,241.24.

SentinelOne Price Performance

Shares of S traded down $0.39 on Friday, hitting $22.45. The company’s stock had a trading volume of 3,305,128 shares, compared to its average volume of 5,248,993. The company has a market capitalization of $7.21 billion, a PE ratio of -23.88 and a beta of 0.67. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The company has a 50 day moving average price of $25.90 and a 200 day moving average price of $23.51.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate 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 quarter in the previous year, the business posted ($0.21) EPS. The company’s revenue was up 28.3% compared to the same quarter last year. On average, equities analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of S. Waldron Private Wealth LLC acquired a new position in SentinelOne during the 3rd quarter valued at about $26,000. Allspring Global Investments Holdings LLC grew its position in shares of SentinelOne by 49.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after buying an additional 434 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of SentinelOne during the third quarter worth approximately $55,000. Blue Trust Inc. lifted its holdings in SentinelOne by 105.9% in the third quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after buying an additional 1,223 shares during the period. Finally, Huntington National Bank boosted its stake in SentinelOne by 287.9% in the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock valued at $57,000 after acquiring an additional 1,765 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a $30.00 price target on shares of SentinelOne in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft upgraded 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 note on Tuesday, November 12th. 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. Susquehanna upped their price target on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. Finally, Guggenheim reissued a “buy” rating and set a $31.00 price objective on shares of SentinelOne in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $29.44.

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.