SentinelOne (NYSE:S) Insider Keenan Michael Conder Sells 8,311 Shares

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 8,311 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $14.58, for a total value of $121,174.38. Following the completion of the transaction, the insider directly owned 565,225 shares in the company, valued at approximately $8,240,980.50. The trade was a 1.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Keenan Michael Conder also recently made the following trade(s):

• On Thursday, November 6th, Keenan Michael Conder sold 5,871 shares of SentinelOne stock. The shares were sold at an average price of $16.56, for a total transaction of $97,223.76.

SentinelOne Stock Performance

Shares of S opened at $15.03 on Thursday. The stock has a market capitalization of $5.02 billion, a P/E ratio of -12.02 and a beta of 0.76. SentinelOne, Inc. has a 1 year low of $14.48 and a 1 year high of $25.24. The company’s fifty day moving average is $16.77 and its two-hundred day moving average is $17.56.

SentinelOne (NYSE:S) last released its earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The company had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter last year, the business earned ($0.25) EPS. The business’s revenue was up 22.9% on a year-over-year basis. Sell-side analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP boosted its stake in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares during the last quarter. Strategic Advocates LLC acquired a new stake in SentinelOne during the third quarter worth approximately $26,000. Danske Bank A S purchased a new stake in SentinelOne in the 3rd quarter worth approximately $26,000. Atlantic Union Bankshares Corp purchased a new stake in SentinelOne in the 2nd quarter worth approximately $29,000. Finally, MAI Capital Management raised its holdings in SentinelOne by 121.2% in the 3rd quarter. MAI Capital Management now owns 1,825 shares of the company’s stock valued at $32,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on S. DA Davidson decreased their price objective on shares of SentinelOne from $19.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Scotiabank boosted their price target on SentinelOne from $18.00 to $21.00 and gave the stock a “sector perform” rating in a research note on Friday, August 29th. JMP Securities set a $23.00 price target on SentinelOne in a report on Friday, December 5th. Guggenheim reaffirmed a “buy” rating and set a $28.00 price objective on shares of SentinelOne in a report on Friday, December 5th. Finally, Morgan Stanley decreased their target price on SentinelOne from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.43.

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.