Ric Smith Sells 14,583 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 14,583 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $26.28, for a total value of $383,241.24. Following the sale, the insider now owns 585,647 shares in the company, valued at approximately $15,390,803.16. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, September 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $24.20, for a total value of $352,908.60.
• On Monday, September 9th, Ric Smith sold 23,567 shares of SentinelOne stock. The stock was sold at an average price of $21.89, for a total value of $515,881.63.
• On Tuesday, September 3rd, Ric Smith sold 14,584 shares of SentinelOne stock. The shares were sold at an average price of $22.99, for a total value of $335,286.16.
• On Tuesday, August 6th, Ric Smith sold 3,135 shares of SentinelOne stock. The shares were sold at an average price of $20.56, for a total value of $64,455.60.

SentinelOne Price Performance

Shares of S stock traded up $0.45 during trading hours on Tuesday, reaching $26.54. 3,372,383 shares of the company’s stock were exchanged, compared to its average volume of 5,310,714. The company has a market cap of $8.42 billion, a P/E ratio of -28.05 and a beta of 0.67. The company’s 50 day moving average is $24.32 and its two-hundred day moving average is $22.00. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76.

SentinelOne (NYSE:S) last released its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. During the same period last year, the business posted ($0.26) EPS. SentinelOne’s quarterly revenue was up 33.1% on a year-over-year basis. As a group, analysts predict that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

Hedge Funds Weigh In On SentinelOne

Several hedge funds have recently bought and sold shares of S. Waldron Private Wealth LLC purchased a new position in SentinelOne during the third quarter worth $26,000. Blue Trust Inc. acquired a new stake in shares of SentinelOne during the second quarter worth $27,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC boosted its holdings in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after purchasing an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC acquired a new stake in shares of SentinelOne during the second quarter worth $49,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on S shares. Sanford C. Bernstein dropped their price objective on SentinelOne from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, August 28th. The Goldman Sachs Group reissued a “neutral” rating and issued a $25.00 target price on shares of SentinelOne in a research report on Friday, September 13th. Westpark Capital reissued a “buy” rating and issued a $34.00 target price on shares of SentinelOne in a research report on Monday, August 26th. BTIG Research upped their target price on SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $30.00 target price on shares of SentinelOne in a research report on Friday, October 18th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $28.60.

SentinelOne Company Profile

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.