Insider Selling: SentinelOne, Inc. (NYSE:S) CAO Sells 1,496 Shares of Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) CAO Robin Tomasello sold 1,496 shares of SentinelOne stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $29,575.92. Following the completion of the transaction, the chief accounting officer now owns 233,484 shares in the company, valued at approximately $4,615,978.68. The trade was a 0.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Robin Tomasello also recently made the following trade(s):

• On Thursday, March 6th, Robin Tomasello sold 6,378 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total transaction of $124,689.90.

SentinelOne Trading Down 3.4 %

Shares of S traded down $0.65 during mid-day trading on Monday, reaching $18.19. 4,019,587 shares of the stock traded hands, compared to its average volume of 4,893,993. The company has a market cap of $5.85 billion, a price-to-earnings ratio of -19.35 and a beta of 0.78. The firm has a fifty day moving average price of $21.71 and a 200 day moving average price of $23.74. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

Analysts Set New Price Targets

S has been the topic of several recent research reports. Wells Fargo & Company cut their price objective on SentinelOne from $30.00 to $22.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Guggenheim reiterated a "buy" rating and set a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Piper Sandler decreased their price target on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Oppenheimer assumed coverage on shares of SentinelOne in a report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 price target on the stock. Finally, Jefferies Financial Group decreased their price objective on SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a report on Monday. Seven 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $26.26.

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Hedge Funds Weigh In On SentinelOne

A number of hedge funds and other institutional investors have recently modified their holdings of S. Vanguard Group Inc. grew its position in SentinelOne by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company's stock valued at $663,366,000 after acquiring an additional 399,056 shares during the last quarter. Sylebra Capital LLC boosted its stake in shares of SentinelOne by 6.2% in the 4th quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company's stock valued at $213,415,000 after purchasing an additional 564,327 shares in the last quarter. Eminence Capital LP grew its holdings in shares of SentinelOne by 6.4% during the 4th quarter. Eminence Capital LP now owns 6,533,894 shares of the company's stock valued at $145,052,000 after purchasing an additional 392,986 shares during the last quarter. Invesco Ltd. raised its position in SentinelOne by 18.4% in the 4th quarter. Invesco Ltd. now owns 5,788,022 shares of the company's stock worth $128,494,000 after purchasing an additional 900,577 shares during the period. Finally, State Street Corp raised its position in SentinelOne by 11.3% in the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company's stock worth $121,325,000 after purchasing an additional 516,244 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

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.