Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells 2,341 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 2,341 shares of the business’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now directly owns 529,118 shares in the company, valued at $12,672,376.10. The trade was a 0.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, January 27th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were 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 value of $331,763.25.
• 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.

SentinelOne Stock Up 0.4 %

NYSE:S traded up $0.09 during mid-day trading on Friday, hitting $23.93. 3,621,216 shares of the company traded hands, compared to its average volume of 3,769,604. The stock’s fifty day moving average price is $23.41 and its 200-day moving average price is $24.20. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of -25.45 and a beta of 0.75.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $209.73 million. During the same quarter last year, the firm posted ($0.21) earnings per share. The company’s revenue was up 28.3% compared to the same quarter last year. Equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Morgan Stanley restated an “equal weight” rating and set a $29.00 price target on shares of SentinelOne in a report on Monday, December 2nd. Wedbush raised shares of SentinelOne to a “strong-buy” rating in a report on Thursday, October 17th. Needham & Company LLC reiterated a “buy” rating and issued a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Guggenheim reissued a “buy” rating and set a $31.00 price target on shares of SentinelOne in a research report on Thursday, December 5th. Finally, Susquehanna upped their price objective on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a research report on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $29.56.

Institutional Trading of SentinelOne

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Waldron Private Wealth LLC bought a new position in SentinelOne in the 3rd quarter worth $26,000. Smartleaf Asset Management LLC lifted its position in shares of SentinelOne by 86.6% in the fourth 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 in the last quarter. Avion Wealth bought a new position in shares of SentinelOne in the fourth quarter worth about $28,000. Crewe Advisors LLC purchased a new stake in shares of SentinelOne during the fourth quarter worth about $33,000. Finally, Arlington Trust Co LLC bought a new stake in SentinelOne during the 4th quarter valued at approximately $33,000. 90.87% of the stock is owned by hedge funds and other institutional investors.

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.