Ric Smith Sells 14,583 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $26.28, for a total value of $383,241.24. Following the transaction, the insider now owns 585,647 shares of the company’s stock, valued at approximately $15,390,803.16. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

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

• On Wednesday, September 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were sold at an average price of $24.20, for a total value of $352,908.60.
• On Monday, September 9th, Ric Smith sold 23,567 shares of SentinelOne stock. The shares were sold at an average price of $21.89, for a total value of $515,881.63.
• On Tuesday, September 3rd, Ric Smith sold 14,584 shares of SentinelOne stock. The shares were sold at an average price of $22.99, for a total value of $335,286.16.
• On Tuesday, August 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The shares were sold at an average price of $20.56, for a total value of $64,455.60.

SentinelOne Trading Up 1.7 %

NYSE S traded up $0.45 on Tuesday, reaching $26.54. 3,372,383 shares of the company were exchanged, compared to its average volume of 5,310,714. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The business’s fifty day moving average price is $24.32 and its 200 day moving average price is $22.00. The stock has a market capitalization of $8.42 billion, a P/E ratio of -28.05 and a beta of 0.67.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The business had revenue of $198.94 million for the quarter, compared to analyst estimates of $197.32 million. During the same quarter in the prior year, the company posted ($0.26) EPS. The company’s quarterly revenue was up 33.1% on a year-over-year basis. Equities research analysts forecast that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on S. Citigroup boosted their price objective on SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, August 28th. DA Davidson boosted their price objective on SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Sanford C. Bernstein cut their price objective on SentinelOne from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, August 28th. Needham & Company LLC began coverage on SentinelOne in a research report on Thursday, October 17th. They issued a “buy” rating and a $32.00 price objective for the company. Finally, BTIG Research boosted their price objective on SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.60.

Hedge Funds Weigh In On SentinelOne

Large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC raised its holdings in shares of SentinelOne by 49.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after buying an additional 434 shares during the period. Sugarloaf Wealth Management LLC raised its holdings in shares of SentinelOne by 56.0% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after buying an additional 700 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of SentinelOne by 19.3% in the 1st quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock valued at $107,000 after buying an additional 743 shares during the period. Archford Capital Strategies LLC raised its holdings in shares of SentinelOne by 1.8% in the 2nd quarter. Archford Capital Strategies LLC now owns 45,861 shares of the company’s stock valued at $965,000 after buying an additional 790 shares during the period. Finally, Straight Path Wealth Management raised its holdings in shares of SentinelOne by 4.9% in the 2nd quarter. Straight Path Wealth Management now owns 21,500 shares of the company’s stock valued at $453,000 after buying an additional 1,000 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.