SentinelOne, Inc. (NYSE:S) CAO Sells $124,689.90 in Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 6,378 shares of SentinelOne stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $124,689.90. Following the completion of the transaction, the chief accounting officer now owns 230,685 shares in the company, valued at $4,509,891.75. The trade was a 2.69 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

SentinelOne Stock Performance

NYSE S opened at $19.84 on Monday. The stock has a market capitalization of $6.37 billion, a P/E ratio of -21.10 and a beta of 0.78. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29. The business’s fifty day moving average is $22.65 and its two-hundred day moving average is $24.19.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Sylebra Capital LLC increased its holdings in shares of SentinelOne by 6.2% in the fourth 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 in the last quarter. Brooklyn FI LLC raised its stake in SentinelOne by 1,688.9% during the 4th quarter. Brooklyn FI LLC now owns 161,000 shares of the company’s stock valued at $3,574,000 after purchasing an additional 152,000 shares during the period. Sunbelt Securities Inc. acquired a new stake in SentinelOne during the 4th quarter valued at $97,000. Castleark Management LLC acquired a new stake in SentinelOne during the 4th quarter valued at $6,591,000. Finally, Ashford Capital Management Inc. raised its stake in SentinelOne by 16.4% during the 4th quarter. Ashford Capital Management Inc. now owns 766,355 shares of the company’s stock valued at $17,013,000 after purchasing an additional 107,920 shares during the period. Institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

S has been the topic of a number of research analyst reports. Oppenheimer initiated coverage on SentinelOne in a report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 target price on the stock. Cantor Fitzgerald initiated coverage on SentinelOne in a report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 target price on the stock. Guggenheim reiterated a “buy” rating and issued a $31.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a “hold” rating to a “buy” rating and lifted their target price for the company from $25.00 to $32.00 in a report on Tuesday, November 12th. Finally, Scotiabank raised their price objective on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research report on Thursday, December 5th. 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.