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

SentinelOne, Inc. (NYSE:S) CFO Barbara A. Larson sold 10,172 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $201,100.44. Following the sale, the chief financial officer now directly owns 473,223 shares of the company’s stock, valued at $9,355,618.71. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

SentinelOne Trading Down 2.7 %

NYSE S opened at $18.84 on Friday. The business’s 50-day moving average price is $21.71 and its 200 day moving average price is $23.71. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The company has a market capitalization of $6.05 billion, a PE ratio of -20.04 and a beta of 0.78.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased 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 worth $663,366,000 after purchasing an additional 399,056 shares during the last quarter. Sylebra Capital LLC grew its stake in shares of 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 buying an additional 564,327 shares during the period. Eminence Capital LP increased 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 worth $145,052,000 after buying an additional 392,986 shares during the last quarter. Invesco Ltd. raised its position in shares of 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 buying an additional 900,577 shares during the period. Finally, State Street Corp boosted its holdings in SentinelOne by 11.3% in the third quarter. State Street Corp now owns 5,072,097 shares of the company’s stock valued at $121,325,000 after acquiring an additional 516,244 shares during the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

S has been the topic of a number of analyst reports. Morgan Stanley assumed coverage on shares of SentinelOne in a research report on Tuesday, March 18th. They issued an “equal weight” rating and a $20.00 price objective on the stock. Canaccord Genuity Group lowered their target price on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Needham & Company LLC cut their price target on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, March 13th. Wells Fargo & Company reduced their price objective on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Finally, Susquehanna cut their target price on SentinelOne from $30.00 to $25.00 and set a “positive” rating for the company in a research note on Thursday, March 13th. Seven investment 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.com, SentinelOne currently has an average rating of “Moderate Buy” and an average price target of $26.33.

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.