Ric Smith Sells 20,188 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Ric Smith sold 20,188 shares of SentinelOne stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $394,675.40. Following the sale, the insider now owns 508,930 shares of the company's stock, valued at approximately $9,949,581.50. This represents a 3.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• 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 transaction of $305,680.64.
• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95.
• On Monday, January 27th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $23.29, for a total transaction of $339,638.07.
• On Thursday, December 26th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were sold at an average price of $22.75, for a total value of $331,763.25.
• On Tuesday, December 10th, Ric Smith sold 41,170 shares of SentinelOne stock. The stock was sold at an average price of $23.98, for a total value of $987,256.60.

SentinelOne Stock Down 0.3 %

Shares of SentinelOne stock traded down $0.07 during trading hours on Friday, hitting $19.84. 5,174,675 shares of the company's stock traded hands, compared to its average volume of 4,084,352. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The company has a market cap of $6.37 billion, a PE ratio of -21.10 and a beta of 0.78. The stock has a 50 day simple moving average of $22.70 and a 200-day simple moving average of $24.22.

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SentinelOne (NYSE:S - Get Free Report) last issued its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same quarter last year, the business earned ($0.21) EPS. SentinelOne's revenue for the quarter was up 28.3% compared to the same quarter last year. As a group, equities research analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Institutional Trading of SentinelOne

A number of hedge funds have recently made changes to their positions in S. Marshall Wace LLP increased its position in shares of SentinelOne by 715.4% in the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock worth $106,447,000 after purchasing an additional 4,206,900 shares during the last quarter. Champlain Investment Partners LLC bought a new position in shares of SentinelOne during the third quarter worth about $80,604,000. Norges Bank bought a new stake in SentinelOne in the fourth quarter valued at about $73,528,000. Point72 Asset Management L.P. bought a new stake in SentinelOne in the fourth quarter valued at about $63,120,000. Finally, Sylebra Capital LLC lifted its holdings in SentinelOne by 33.7% during the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company's stock worth $216,451,000 after buying an additional 2,282,980 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on S. Robert W. Baird increased their target price on SentinelOne from $30.00 to $32.00 and gave the stock an "outperform" rating in a research report on Monday, December 2nd. Needham & Company LLC reaffirmed a "buy" rating and set a $32.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. Guggenheim reissued a "buy" rating and issued a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Oppenheimer started coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 price target for the company. Finally, Cantor Fitzgerald started coverage on shares of SentinelOne in a research note on Thursday, January 9th. They set an "overweight" rating and a $30.00 price target on the stock. Seven investment 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. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $29.48.

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.

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