SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Michael Conder sold 8,401 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $15.70, for a total value of $131,895.70. Following the completion of the sale, the insider directly owned 982,732 shares in the company, valued at approximately $15,428,892.40. This trade represents a 0.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Keenan Michael Conder also recently made the following trade(s):
- On Wednesday, May 6th, Keenan Michael Conder sold 4,550 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total value of $71,207.50.
- On Wednesday, March 25th, Keenan Michael Conder sold 5,578 shares of SentinelOne stock. The stock was sold at an average price of $13.37, for a total value of $74,577.86.
SentinelOne Trading Up 0.5%
Shares of NYSE S opened at $14.84 on Friday. The company has a market cap of $5.09 billion, a price-to-earnings ratio of -15.45 and a beta of 0.83. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $21.40. The stock’s 50 day simple moving average is $15.45 and its 200 day simple moving average is $14.72.
Institutional Trading of SentinelOne
Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in shares of SentinelOne by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 36,532,555 shares of the company’s stock valued at $547,988,000 after purchasing an additional 520,142 shares during the period. Caprock Group LLC acquired a new position in shares of SentinelOne during the 3rd quarter valued at $6,153,000. Maxi Investments CY Ltd increased its position in shares of SentinelOne by 63.3% during the 4th quarter. Maxi Investments CY Ltd now owns 245,000 shares of the company’s stock valued at $3,675,000 after purchasing an additional 95,000 shares during the period. SG Americas Securities LLC increased its position in shares of SentinelOne by 830.7% during the 4th quarter. SG Americas Securities LLC now owns 338,042 shares of the company’s stock valued at $5,071,000 after purchasing an additional 301,719 shares during the period. Finally, Jefferies Financial Group Inc. acquired a new position in shares of SentinelOne during the 3rd quarter valued at $4,414,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts recently issued reports on the company. UBS Group raised their price target on SentinelOne from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, May 29th. Wolfe Research set a $20.00 price target on SentinelOne in a report on Friday, May 29th. Cantor Fitzgerald raised their price target on SentinelOne from $18.00 to $24.00 and gave the stock an “overweight” rating in a report on Wednesday, May 27th. Weiss Ratings cut SentinelOne from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. Finally, Wedbush restated an “outperform” rating and issued a $20.00 target price on shares of SentinelOne in a research report on Friday, May 29th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $19.67.
Read Our Latest Analysis on SentinelOne
SentinelOne Company Profile
SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.
The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.
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