SentinelOne, Inc. (NYSE:S) CFO Barbara A. Larson Sells 10,172 Shares of Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) CFO Barbara A. Larson sold 10,172 shares of the firm's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $201,100.44. Following the completion of the sale, the chief financial officer now owns 473,223 shares in the company, valued at approximately $9,355,618.71. This represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

SentinelOne Stock 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 firm has a market cap of $5.85 billion, a price-to-earnings ratio of -19.35 and a beta of 0.78. The stock has a fifty day simple moving average of $21.71 and a 200 day simple moving average of $23.74. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Wells Fargo & Company cut their price target on SentinelOne from $30.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, March 13th. Citigroup dropped their price target on shares of SentinelOne from $28.00 to $27.00 and set a "neutral" rating on the stock in a research note on Friday, January 17th. Bank of America reduced their target price on SentinelOne from $29.00 to $24.00 and set a "buy" rating for the company in a report on Thursday, March 13th. Sanford C. Bernstein dropped their price objective on SentinelOne from $32.00 to $30.00 and set an "outperform" rating for the company in a research note on Thursday, December 5th. Finally, Morgan Stanley began coverage on shares of SentinelOne in a research report on Tuesday, March 18th. They set an "equal weight" rating and a $20.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $26.26.

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Hedge Funds Weigh In On SentinelOne

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of SentinelOne by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company's stock worth $663,366,000 after buying an additional 399,056 shares during the last quarter. Sylebra Capital LLC boosted its stake in SentinelOne by 6.2% during 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 raised its position in shares of SentinelOne by 6.4% during the fourth quarter. Eminence Capital LP now owns 6,533,894 shares of the company's stock worth $145,052,000 after purchasing an additional 392,986 shares during the period. Invesco Ltd. boosted its holdings in shares of SentinelOne by 18.4% in the fourth quarter. Invesco Ltd. now owns 5,788,022 shares of the company's stock worth $128,494,000 after buying an additional 900,577 shares during the period. Finally, State Street Corp raised its stake in SentinelOne by 11.3% during the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company's stock valued at $121,325,000 after purchasing an additional 516,244 shares during the period. Institutional investors and hedge funds own 90.87% of the company's stock.

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.