SentinelOne, Inc. (NYSE:S) Insider Ric Smith Sells 31,659 Shares

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 31,659 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total transaction of $604,686.90. Following the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 value 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 value of $305,680.64.
• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total value 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 value 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 Price Performance

S opened at $19.48 on Thursday. The firm’s fifty day moving average price is $22.07 and its 200 day moving average price is $23.87. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The stock has a market capitalization of $6.26 billion, a PE ratio of -20.72 and a beta of 0.78.

Analyst Ratings Changes

S has been the subject of several research analyst reports. Westpark Capital dropped their price target on shares of SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, March 11th. Guggenheim restated a “buy” rating and set a $31.00 price objective on shares of SentinelOne in a report on Thursday, December 5th. Robert W. Baird reduced their target price on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. JPMorgan Chase & Co. dropped their price target on SentinelOne from $33.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, March 10th. Finally, Wells Fargo & Company dropped their target price 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. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $26.33.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently added to or reduced their stakes in S. Principal Financial Group Inc. lifted its holdings in shares of SentinelOne by 6.4% in the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company’s stock worth $442,000 after purchasing an additional 1,111 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in SentinelOne in the third quarter valued at $225,000. KBC Group NV lifted its stake in SentinelOne by 778.0% in the third quarter. KBC Group NV now owns 65,455 shares of the company’s stock valued at $1,566,000 after buying an additional 58,000 shares during the last quarter. Huntington National Bank grew its position in shares of SentinelOne by 287.9% during the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock worth $57,000 after acquiring an additional 1,765 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of SentinelOne in the 3rd quarter worth about $2,094,000. 90.87% of the stock is currently owned by institutional investors.

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.