Ric Smith Sells 10,624 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Ric Smith sold 10,624 shares of the business's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $210,036.48. Following the completion of the sale, the insider now directly owns 488,122 shares in the company, valued at $9,650,171.94. This represents a 2.13 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Tuesday, March 18th, Ric Smith sold 31,659 shares of SentinelOne stock. The shares were sold at an average price of $19.10, for a total value of $604,686.90.
• On Thursday, March 6th, Ric Smith sold 20,188 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total value of $394,675.40.
• On Tuesday, February 25th, Ric Smith sold 14,584 shares of SentinelOne stock. The shares were sold at an average price of $20.96, for a total value of $305,680.64.
• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The stock was sold at an average price of $23.95, for a total value of $56,066.95.
• 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 value of $339,638.07.

SentinelOne Trading Down 3.4 %

Shares of NYSE:S traded down $0.65 during midday trading on Monday, reaching $18.19. 4,019,587 shares of the company were exchanged, compared to its average volume of 4,893,993. The stock has a market cap of $5.85 billion, a PE ratio of -19.35 and a beta of 0.78. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29. The business's fifty day moving average is $21.71 and its two-hundred day moving average is $23.74.

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Analyst Upgrades and Downgrades

Several analysts have recently weighed in on S shares. Piper Sandler dropped their price objective on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Canaccord Genuity Group cut their price target on shares of SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Thursday, March 13th. JPMorgan Chase & Co. cut their price objective on SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Jefferies Financial Group dropped their target price on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Monday. Finally, Sanford C. Bernstein lowered their target price on SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a research report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, SentinelOne has a consensus rating of "Moderate Buy" and an average price target of $26.26.

Institutional Investors Weigh In On SentinelOne

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its position 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 during the fourth quarter worth approximately $28,000. Crewe Advisors LLC acquired a new position in shares of SentinelOne during the 4th quarter worth approximately $33,000. Arlington Trust Co LLC purchased a new stake in shares of SentinelOne in the fourth quarter valued at about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in SentinelOne in the fourth quarter valued at approximately $38,000. Institutional investors own 90.87% of the company's stock.

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.