SentinelOne (NYSE:S) Insider Keenan Michael Conder Sells 5,178 Shares

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 5,178 shares of SentinelOne stock in a transaction on Friday, March 6th. The stock was sold at an average price of $13.81, for a total value of $71,508.18. Following the transaction, the insider owned 557,184 shares in the company, valued at approximately $7,694,711.04. This represents a 0.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Keenan Michael Conder also recently made the following trade(s):

• On Friday, February 6th, Keenan Michael Conder sold 4,237 shares of SentinelOne stock. The shares were sold at an average price of $13.15, for a total transaction of $55,716.55.

SentinelOne Trading Down 1.1%

SentinelOne stock opened at $14.19 on Wednesday. The company has a 50-day moving average price of $13.96 and a 200 day moving average price of $15.86. SentinelOne, Inc. has a 12-month low of $12.23 and a 12-month high of $21.40. The stock has a market cap of $4.82 billion, a P/E ratio of -11.35 and a beta of 0.77.

Hedge Funds Weigh In On SentinelOne

A number of hedge funds and other institutional investors have recently bought and sold shares of S. Allworth Financial LP increased its stake in SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares during the period. Strategic Advocates LLC purchased a new position in shares of SentinelOne in the third quarter valued at approximately $26,000. Danske Bank A S purchased a new position in shares of SentinelOne in the third quarter valued at approximately $26,000. Atlantic Union Bankshares Corp acquired a new position in shares of SentinelOne in the second quarter valued at approximately $29,000. Finally, Assetmark Inc. grew its holdings in shares of SentinelOne by 700.8% in the fourth quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock valued at $29,000 after purchasing an additional 1,668 shares in the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on S shares. Wedbush cut their price target on shares of SentinelOne from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Friday, December 5th. JPMorgan Chase & Co. decreased their price objective on SentinelOne from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Westpark Capital reiterated a “buy” rating and issued a $25.00 price objective on shares of SentinelOne in a research report on Friday, December 5th. Citigroup cut their target price on SentinelOne from $20.00 to $18.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Finally, TD Cowen restated a “buy” rating on shares of SentinelOne in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and an average target price of $21.05.

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.