SentinelOne (NYSE:S) Insider Ana Pinczuk Sells 11,900 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ana Pinczuk sold 11,900 shares of the company’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 $176,358.00. Following the sale, the insider directly owned 560,589 shares in the company, valued at approximately $8,307,928.98. This represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

SentinelOne Price Performance

SentinelOne stock opened at $15.30 on Friday. SentinelOne, Inc. has a 12 month low of $14.43 and a 12 month high of $25.24. The company has a fifty day moving average price of $15.74 and a two-hundred day moving average price of $17.10. The company has a market cap of $5.20 billion, a PE ratio of -12.24 and a beta of 0.77.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The company had revenue of $258.91 million for the quarter, compared to the consensus estimate of $256.19 million. During the same period last year, the firm posted ($0.25) EPS. The company’s revenue for the quarter was up 22.9% on a year-over-year basis. Equities research analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently bought and sold shares of the stock. Allworth Financial LP boosted its holdings in shares of SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Strategic Advocates LLC acquired a new stake in SentinelOne in the third quarter worth approximately $26,000. Danske Bank A S bought a new position in SentinelOne during the 3rd quarter valued at $26,000. Atlantic Union Bankshares Corp acquired a new position in shares of SentinelOne during the 2nd quarter valued at $29,000. Finally, MAI Capital Management raised its stake in shares of SentinelOne by 121.2% in the 3rd quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on S. Rosenblatt Securities reiterated a “buy” rating and set a $24.00 price target on shares of SentinelOne in a research report on Friday, December 5th. Bank of America dropped their target price on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. Berenberg Bank began coverage on SentinelOne in a research note on Tuesday, November 18th. They issued a “buy” rating and a $25.00 target price on the stock. JMP Securities set a $23.00 price target on shares of SentinelOne in a research report on Friday, December 5th. Finally, Oppenheimer dropped their price objective on shares of SentinelOne from $26.00 to $24.00 and set an “outperform” 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 issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $22.33.

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.