SentinelOne, Inc. (NYSE:S) Insider Sells $604,686.90 in Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Ric Smith sold 31,659 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $19.10, for a total transaction of $604,686.90. Following the sale, the insider now directly owns 477,271 shares in the company, valued at $9,115,876.10. This trade represents a 6.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Thursday, March 6th, Ric Smith sold 20,188 shares of SentinelOne stock. The stock was sold at an average price of $19.55, for a total transaction of $394,675.40.
• On Tuesday, February 25th, Ric Smith sold 14,584 shares of SentinelOne stock. The stock was 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 stock was 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 stock was sold at an average price of $22.75, for a total transaction of $331,763.25.

SentinelOne Stock Performance

SentinelOne stock traded down $0.10 during mid-day trading on Friday, reaching $19.27. The company's stock had a trading volume of 8,164,786 shares, compared to its average volume of 4,850,012. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The company has a market capitalization of $6.19 billion, a P/E ratio of -20.50 and a beta of 0.78. The firm's fifty day moving average price is $21.94 and its two-hundred day moving average price is $23.82.

Remove Ads

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its holdings in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after purchasing an additional 556 shares during the period. Avion Wealth bought a new position in SentinelOne in the 4th quarter valued at $28,000. Crewe Advisors LLC bought a new position in SentinelOne in the 4th quarter valued at $33,000. Arlington Trust Co LLC bought a new position in SentinelOne in the 4th quarter valued at $33,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in SentinelOne in the 4th quarter valued at $38,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on S. Wells Fargo & Company cut their price objective on shares of SentinelOne from $30.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, March 13th. Oppenheimer initiated coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 price objective on the stock. UBS Group dropped their price target on shares of SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Robert W. Baird dropped their price target on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Finally, Barclays decreased their price objective on shares of SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 11th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, SentinelOne currently has an average rating of "Moderate Buy" and a consensus price target of $26.33.

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.