SentinelOne, Inc. (NYSE:S) Insider Sells $56,066.95 in Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Ric Smith sold 2,341 shares of the company's stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $56,066.95. Following the transaction, the insider now directly owns 529,118 shares in the company, valued at approximately $12,672,376.10. This represents a 0.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• 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 value of $339,638.07.
• On Thursday, December 26th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $22.75, for a total transaction of $331,763.25.
• On Tuesday, December 10th, Ric Smith sold 41,170 shares of SentinelOne stock. The shares were sold at an average price of $23.98, for a total transaction of $987,256.60.

SentinelOne Trading Down 2.0 %

Shares of NYSE S traded down $0.48 during mid-day trading on Tuesday, hitting $24.13. The company had a trading volume of 1,881,796 shares, compared to its average volume of 3,679,562. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76. The company has a market capitalization of $7.75 billion, a PE ratio of -25.69 and a beta of 0.75. The firm has a 50-day simple moving average of $23.35 and a two-hundred day simple moving average of $24.21.

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

Institutional Trading of SentinelOne

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sylebra Capital LLC increased its holdings in shares of SentinelOne by 33.7% in the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company's stock valued at $216,451,000 after purchasing an additional 2,282,980 shares during the last quarter. State Street Corp boosted its holdings in shares of SentinelOne by 11.3% during the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company's stock worth $121,325,000 after buying an additional 516,244 shares during the period. Geode Capital Management LLC grew its stake in SentinelOne by 8.6% in the 3rd quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company's stock valued at $107,326,000 after buying an additional 355,944 shares during the last quarter. Atreides Management LP lifted its position in SentinelOne by 137.3% during the third quarter. Atreides Management LP now owns 3,802,904 shares of the company's stock worth $90,965,000 after acquiring an additional 2,200,594 shares during the last quarter. Finally, Champlain Investment Partners LLC bought a new stake in shares of SentinelOne during the third quarter worth approximately $80,604,000. 90.87% of the stock is owned by institutional investors.

Analysts Set New Price Targets

S has been the subject of several recent research reports. UBS Group cut shares of SentinelOne from a "buy" rating to a "neutral" rating and dropped their target price for the company from $30.00 to $25.00 in a research report on Wednesday, January 15th. Guggenheim restated a "buy" rating and set a $31.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Morgan Stanley restated an "equal weight" rating and set a $29.00 target price on shares of SentinelOne in a research report on Monday, December 2nd. Sanford C. Bernstein reduced their price objective on shares of SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Finally, Wedbush raised shares of SentinelOne to a "strong-buy" rating in a research note on Thursday, October 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $29.56.

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.