SentinelOne Inc (NYSE:S) COO Sells $2,690,544.48 in Stock

SentinelOne Inc (NYSE:S) COO Nicholas Warner sold 62,166 shares of the company’s stock in a transaction on Monday, January 10th. The stock was sold at an average price of $43.28, for a total transaction of $2,690,544.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Nicholas Warner also recently made the following trade(s):

  • On Wednesday, January 12th, Nicholas Warner sold 24,058 shares of SentinelOne stock. The stock was sold at an average price of $50.01, for a total value of $1,203,140.58.
  • On Thursday, December 9th, Nicholas Warner sold 62,166 shares of SentinelOne stock. The shares were sold at an average price of $47.47, for a total value of $2,951,020.02.

Shares of S stock opened at $42.68 on Friday. SentinelOne Inc has a 1-year low of $39.94 and a 1-year high of $78.53.

SentinelOne (NYSE:S) last released its quarterly earnings data on Tuesday, December 7th. The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.03. SentinelOne had a negative return on equity of 33.26% and a negative net margin of 140.35%. The firm had revenue of $56.02 million during the quarter, compared to analyst estimates of $49.58 million. The business’s revenue for the quarter was up 128.1% on a year-over-year basis. As a group, equities research analysts anticipate that SentinelOne Inc will post -1.15 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the business. Corsicana & Co. purchased a new stake in SentinelOne in the 4th quarter worth approximately $25,000. FourThought Financial LLC boosted its holdings in SentinelOne by 107.2% in the fourth quarter. FourThought Financial LLC now owns 2,901 shares of the company’s stock valued at $146,000 after acquiring an additional 1,501 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in SentinelOne during the 3rd quarter valued at $2,010,000. Finally, Balyasny Asset Management LLC lifted its position in shares of SentinelOne by 142.7% in the 3rd quarter. Balyasny Asset Management LLC now owns 555,344 shares of the company’s stock worth $29,750,000 after purchasing an additional 326,498 shares during the period. Hedge funds and other institutional investors own 56.17% of the company’s stock.

Several research analysts recently weighed in on S shares. Piper Sandler upped their price objective on shares of SentinelOne from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, January 6th. Morgan Stanley increased their price target on shares of SentinelOne from $70.00 to $77.00 and gave the stock an “overweight” rating in a report on Monday, November 22nd. Needham & Company LLC assumed coverage on shares of SentinelOne in a report on Wednesday, December 8th. They set a “buy” rating and a $81.00 price objective for the company. UBS Group reduced their target price on SentinelOne from $79.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, December 8th. Finally, Wells Fargo & Company cut their price objective on SentinelOne from $80.00 to $60.00 and set an “overweight” rating for the company in a report on Wednesday, December 8th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, SentinelOne has a consensus rating of “Buy” and an average price target of $67.88.

About SentinelOne

SentinelOne’s cybersecurity solutions encompass AI-powered prevention, detection, response and hunting across endpoints, containers, cloud workloads, and IoT devices in a single autonomous XDR platform.

Further Reading: Management Fee

Insider Buying and Selling by Quarter for SentinelOne (NYSE:S)

Receive News & Ratings for SentinelOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SentinelOne and related companies with MarketBeat.com's FREE daily email newsletter.