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

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $26.28, for a total value of $383,241.24. Following the sale, the insider now owns 585,647 shares in the company, valued at $15,390,803.16. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 stock was 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 stock was 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 transaction of $335,286.16.
• On Tuesday, August 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The stock was sold at an average price of $20.56, for a total transaction of $64,455.60.

SentinelOne Stock Down 0.3 %

S stock opened at $26.46 on Thursday. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $30.76. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of -28.45 and a beta of 0.67. The business has a fifty day moving average of $24.37 and a two-hundred day moving average of $22.03.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. During the same period last year, the company earned ($0.26) EPS. The company’s quarterly revenue was up 33.1% on a year-over-year basis. As a group, sell-side analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Westpark Capital restated a “buy” rating and set a $34.00 price target on shares of SentinelOne in a research report on Monday, August 26th. The Goldman Sachs Group restated a “neutral” rating and issued a $25.00 target price on shares of SentinelOne in a research report on Friday, September 13th. JMP Securities reaffirmed a “market outperform” rating and issued a $33.00 price target on shares of SentinelOne in a research note on Wednesday, August 28th. Needham & Company LLC assumed coverage on SentinelOne in a research note on Thursday, October 17th. They issued a “buy” rating and a $32.00 price objective for the company. Finally, Loop Capital lifted their target price on shares of SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $28.60.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Waldron Private Wealth LLC acquired a new stake in shares of SentinelOne in the third quarter valued at $26,000. Blue Trust Inc. acquired a new position in SentinelOne in the 2nd quarter valued at about $27,000. Allspring Global Investments Holdings LLC increased its stake in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the period. Sugarloaf Wealth Management LLC lifted its position in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after purchasing an additional 700 shares in the last quarter. Finally, Unique Wealth Strategies LLC purchased a new position in shares of SentinelOne in the second quarter valued at approximately $49,000. 90.87% of the stock is owned by hedge funds and other institutional investors.

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.