Insider Selling: SentinelOne, Inc. (NYSE:S) CFO Sells 10,172 Shares of Stock

SentinelOne, Inc. (NYSE:S) CFO Barbara A. Larson sold 10,172 shares of the stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $201,100.44. Following the transaction, the chief financial officer now owns 473,223 shares in the company, valued at $9,355,618.71. This trade represents a 2.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

SentinelOne Trading Down 2.7 %

Shares of S opened at $18.84 on Friday. The firm has a market cap of $6.05 billion, a P/E ratio of -20.04 and a beta of 0.78. The company’s 50-day moving average price is $21.71 and its 200 day moving average price is $23.73. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently made changes to their positions in S. Smartleaf Asset Management LLC increased its holdings in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after purchasing an additional 556 shares during the last quarter. Avion Wealth acquired a new stake in shares of SentinelOne in the fourth quarter valued at $28,000. Crewe Advisors LLC purchased a new stake in shares of SentinelOne in the 4th quarter valued at $33,000. Arlington Trust Co LLC acquired a new position in SentinelOne during the 4th quarter worth about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in SentinelOne during the 4th quarter worth about $38,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Canaccord Genuity Group dropped their target price on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Oppenheimer assumed coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price target on the stock. JPMorgan Chase & Co. cut their price objective on SentinelOne from $33.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, March 10th. Westpark Capital decreased their target price on SentinelOne from $34.00 to $31.00 and set a “buy” rating on the stock in a research report on Tuesday, March 11th. Finally, Citigroup dropped their price target on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Seven 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 company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $26.33.

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.