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

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 31,659 shares of SentinelOne stock in a transaction that occurred 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 transaction, the insider now directly owns 477,271 shares in the company, valued at $9,115,876.10. This represents a 6.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Thursday, March 6th, Ric Smith sold 20,188 shares of SentinelOne stock. The shares were 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 shares were sold at an average price of $22.75, for a total transaction of $331,763.25.

SentinelOne Stock Up 0.5 %

SentinelOne stock traded up $0.11 on Wednesday, hitting $19.48. The company’s stock had a trading volume of 5,337,141 shares, compared to its average volume of 4,846,852. The firm has a market cap of $6.26 billion, a P/E ratio of -20.72 and a beta of 0.78. The company has a fifty day moving average price of $22.07 and a 200-day moving average price of $23.87. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Morgan Stanley assumed coverage on shares of SentinelOne in a research note on Tuesday. They issued an “equal weight” rating and a $20.00 target price on the stock. Needham & Company LLC reduced their target price on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Guggenheim reissued a “buy” rating and issued a $31.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Oppenheimer assumed coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 target price on the stock. Finally, Citigroup reduced their target price on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.33.

Institutional Investors Weigh In On SentinelOne

Institutional investors and hedge funds have recently made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 556 shares during the last quarter. Avion Wealth bought a new stake in SentinelOne during the 4th quarter worth about $28,000. Crewe Advisors LLC bought a new stake in SentinelOne during the 4th quarter worth about $33,000. Arlington Trust Co LLC bought a new stake in SentinelOne during the 4th quarter worth about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in SentinelOne during the 4th quarter worth about $38,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.