Barbara Larson Sells 11,173 Shares of SentinelOne (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CFO Barbara Larson sold 11,173 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $14.82, for a total value of $165,583.86. Following the transaction, the chief financial officer owned 539,372 shares of the company’s stock, valued at $7,993,493.04. This trade represents a 2.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

SentinelOne Stock Performance

Shares of NYSE S opened at $15.13 on Friday. SentinelOne, Inc. has a fifty-two week low of $14.43 and a fifty-two week high of $25.24. The company has a market cap of $5.14 billion, a price-to-earnings ratio of -12.10 and a beta of 0.77. The business’s 50 day moving average price is $15.68 and its 200-day moving average price is $17.08.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The company had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.SentinelOne’s revenue was up 22.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.25) EPS. Sell-side analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on S shares. Cowen restated a “buy” rating on shares of SentinelOne in a report on Friday, December 5th. Guggenheim restated a “buy” rating and issued a $28.00 target price on shares of SentinelOne in a research note on Friday, December 5th. Oppenheimer decreased their price target on shares of SentinelOne from $26.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. DA Davidson dropped their price objective on SentinelOne from $19.00 to $16.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Finally, Bank of America reduced their price objective on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, SentinelOne has a consensus rating of “Moderate Buy” and an average target price of $22.33.

Hedge Funds Weigh In On SentinelOne

Several institutional investors have recently bought and sold shares of S. Norges Bank purchased a new stake in SentinelOne during the second quarter worth $65,371,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of SentinelOne by 131.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company’s stock worth $79,532,000 after purchasing an additional 2,483,136 shares during the last quarter. Cooper Creek Partners Management LLC bought a new stake in SentinelOne during the third quarter valued at about $41,416,000. Vanguard Group Inc. grew its stake in SentinelOne by 6.5% in the third quarter. Vanguard Group Inc. now owns 36,012,413 shares of the company’s stock valued at $634,179,000 after purchasing an additional 2,191,321 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in SentinelOne by 92.6% in the second quarter. AQR Capital Management LLC now owns 4,268,733 shares of the company’s stock valued at $77,264,000 after purchasing an additional 2,051,980 shares during the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

About SentinelOne

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.