SentinelOne, Inc. (NYSE:S) Insider Sells $305,680.64 in Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Ric Smith sold 14,584 shares of SentinelOne stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total value of $305,680.64. Following the transaction, the insider now owns 529,118 shares in the company, valued at $11,090,313.28. This trade represents a 2.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

• 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 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.
• 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 shares were sold at an average price of $23.98, for a total value of $987,256.60.

SentinelOne Price Performance

Shares of S traded up $0.30 during mid-day trading on Friday, reaching $20.63. 4,163,349 shares of the company's stock traded hands, compared to its average volume of 3,950,920. The stock has a market cap of $6.63 billion, a P/E ratio of -21.94 and a beta of 0.75. The stock's 50-day moving average is $22.92 and its two-hundred day moving average is $24.32. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29.

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

Institutional Trading of SentinelOne

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on S shares. Cantor Fitzgerald started coverage on SentinelOne in a research report on Thursday, January 9th. They issued an "overweight" rating and a $30.00 price objective on the stock. JPMorgan Chase & Co. boosted their target price on SentinelOne from $30.00 to $33.00 and gave the stock an "overweight" rating in a research report on Friday, November 29th. Citigroup decreased their target price on SentinelOne from $28.00 to $27.00 and set a "neutral" rating on the stock in a research report on Friday, January 17th. Barclays decreased their target price on SentinelOne from $30.00 to $28.00 and set an "equal weight" rating on the stock in a research report on Thursday, December 5th. Finally, Westpark Capital reiterated a "buy" rating and issued a $34.00 target price on shares of SentinelOne in a research report on Tuesday, December 3rd. Seven equities research 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 stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $29.48.

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.