SentinelOne, Inc. (NYSE:S) CFO Sells $201,100.44 in Stock

SentinelOne, Inc. (NYSE:S) CFO Barbara A. Larson sold 10,172 shares of the stock in a transaction 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 sale, the chief financial officer now directly owns 473,223 shares in the company, valued at $9,355,618.71. This trade represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

SentinelOne Stock Down 2.7 %

NYSE S traded down $0.51 on Friday, reaching $18.84. The company had a trading volume of 2,779,489 shares, compared to its average volume of 4,897,486. The stock has a market capitalization of $6.05 billion, a PE ratio of -20.04 and a beta of 0.78. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The firm’s 50 day moving average price is $21.71 and its 200 day moving average price is $23.71.

Analyst Ratings Changes

A number of analysts have recently issued reports on S shares. Citigroup dropped their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Friday, January 17th. Jefferies Financial Group reduced their price target on shares of SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Robert W. Baird dropped their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. Sanford C. Bernstein reduced their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Finally, Oppenheimer started coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price target on the stock. Seven 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’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $26.33.

Institutional Investors Weigh In On SentinelOne

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

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.