SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Conder sold 8,312 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.79, for a total value of $164,494.48. Following the sale, the insider owned 948,046 shares of the company’s stock, valued at approximately $18,761,830.34. This trade represents a 0.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Keenan Michael Conder also recently made the following trade(s):
- On Thursday, August 6th, Keenan Conder sold 26,374 shares of SentinelOne stock. The shares were sold at an average price of $20.08, for a total value of $529,589.92.
SentinelOne Stock Performance
Shares of NYSE:S opened at $19.85 on Friday. The stock’s 50-day simple moving average is $20.05 and its two-hundred day simple moving average is $16.73. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of -19.65 and a beta of 0.77. SentinelOne, Inc. has a 52-week low of $11.81 and a 52-week high of $23.95.
SentinelOne News Roundup
Here are the key news stories impacting SentinelOne this week:
- Positive Sentiment: SentinelOne highlighted an expansion of its Wayfinder platform using OpenAI cybersecurity models. The development reinforces the company’s focus on AI-driven security and could improve its competitive positioning in the rapidly growing cybersecurity market. SentinelOne Expands Wayfinder With OpenAI Cyber Models
- Positive Sentiment: At the Goldman Sachs Communacopia + Technology Conference, management discussed the company’s business and strategy. The investor presentation provides additional visibility into SentinelOne’s growth plans and AI product roadmap, although no major new financial guidance was reported in the available transcript summary. Goldman Sachs Conference Transcript
- Positive Sentiment: Analysts maintain a consensus “Moderate Buy” rating, with an average price target of approximately $23.33 versus the stock’s recent trading level near $20. Several firms raised targets after SentinelOne’s latest quarterly results. SentinelOne Consensus Rating
- Neutral Sentiment: Recent insider sales by CEO Tomer Weingarten, CFO-related executives and other insiders totaled meaningful dollar amounts, but the filings state the transactions were primarily intended to cover tax withholding on vested equity awards. The executives retained substantial positions, reducing the negative signal for investors.
- Negative Sentiment: The insider selling—including the CFO’s disposition of 21,664 shares and additional sales by the CEO and chief accounting officer—could create some near-term overhang. SentinelOne also remains unprofitable on a GAAP basis, with analysts expecting a loss for the current fiscal year. SentinelOne CFO Share Sale
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Allied Private Wealth LLC bought a new stake in SentinelOne during the second quarter valued at about $25,000. Allworth Financial LP boosted its stake in shares of SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 726 shares during the period. Danske Bank A S bought a new position in shares of SentinelOne in the third quarter worth about $26,000. EFG International AG purchased a new stake in shares of SentinelOne during the fourth quarter worth about $41,000. Finally, Root Financial Partners LLC raised its stake in SentinelOne by 4,582.8% during the 1st quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock valued at $56,000 after purchasing an additional 4,262 shares during the period. Institutional investors own 90.87% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on S. Scotiabank reissued an “outperform” rating on shares of SentinelOne in a research report on Friday, August 28th. Bank of America upgraded SentinelOne from a “neutral” rating to a “buy” rating and lifted their target price for the company from $16.00 to $20.00 in a research report on Friday, May 29th. Stephens reissued an “overweight” rating and set a $26.00 price target on shares of SentinelOne in a report on Friday, August 28th. DA Davidson reduced their price target on SentinelOne from $18.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Finally, Piper Sandler raised their price objective on SentinelOne from $15.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and a consensus price target of $23.33.
Get Our Latest Stock Analysis on SentinelOne
About SentinelOne
SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered software for protecting enterprises, governments and other organizations from cyber threats. Its Singularity Platform is designed to secure endpoints, cloud workloads, identities and enterprise data while helping customers detect, investigate and respond to attacks.
The company’s offerings include endpoint protection and detection, cloud security, identity security, managed detection and response, and security operations tools.
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