Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells 23,518 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 23,518 shares of the company’s stock in a transaction on Monday, June 9th. The stock was sold at an average price of $18.30, for a total transaction of $430,379.40. Following the completion of the transaction, the insider now directly owns 1,007,026 shares of the company’s stock, valued at $18,428,575.80. This represents a 2.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Friday, June 6th, Ric Smith sold 27,481 shares of SentinelOne stock. The shares were sold at an average price of $18.28, for a total transaction of $502,352.68.
• On Tuesday, May 6th, Ric Smith sold 3,187 shares of SentinelOne stock. The shares were sold at an average price of $18.54, for a total transaction of $59,086.98.
• On Thursday, March 27th, Ric Smith sold 10,624 shares of SentinelOne stock. The stock was sold at an average price of $19.77, for a total transaction of $210,036.48.
• On Tuesday, March 18th, Ric Smith sold 31,659 shares of SentinelOne stock. The stock was sold at an average price of $19.10, for a total value of $604,686.90.

SentinelOne Stock Down 0.3%

Shares of NYSE S opened at $17.91 on Friday. The stock has a market capitalization of $5.90 billion, a P/E ratio of -19.05 and a beta of 0.77. SentinelOne, Inc. has a 52-week low of $15.36 and a 52-week high of $29.29. The firm’s 50-day moving average price is $18.43 and its two-hundred day moving average price is $20.99.

SentinelOne (NYSE:S) last announced its earnings results on Wednesday, May 28th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm had revenue of $229.03 million for the quarter, compared to the consensus estimate of $228.39 million. The company’s revenue was up 22.9% compared to the same quarter last year. As a group, equities research analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Barclays decreased their price objective on SentinelOne from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Thursday, May 29th. Bank of America reiterated a “neutral” rating and issued a $21.00 price target on shares of SentinelOne in a research note on Thursday, May 29th. Robert W. Baird decreased their price target on shares of SentinelOne from $30.00 to $28.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Westpark Capital reduced their price objective on SentinelOne from $31.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, May 29th. Finally, UBS Group reduced their target price on shares of SentinelOne from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Thursday, May 29th. Ten research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.83.

Hedge Funds Weigh In On SentinelOne

A number of hedge funds have recently modified their holdings of S. Guggenheim Capital LLC grew its holdings in shares of SentinelOne by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company’s stock valued at $764,000 after buying an additional 478 shares in the last quarter. Smartleaf Asset Management LLC grew its stake 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 in the last quarter. Rafferty Asset Management LLC grew its stake in SentinelOne by 2.5% during the 1st quarter. Rafferty Asset Management LLC now owns 25,868 shares of the company’s stock valued at $470,000 after acquiring an additional 641 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC grew its stake in SentinelOne by 4.6% during the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company’s stock valued at $365,000 after acquiring an additional 724 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in SentinelOne by 94.0% during the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company’s stock valued at $35,000 after purchasing an additional 942 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

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.