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 completion of the transaction, the insider now directly owns 585,647 shares of the company’s stock, valued at $15,390,803.16. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• On Wednesday, September 25th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were 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 transaction of $515,881.63.
• On Tuesday, September 3rd, Ric Smith sold 14,584 shares of SentinelOne stock. The stock was sold at an average price of $22.99, for a total transaction 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 transaction of $64,455.60.

SentinelOne Price Performance

NYSE S opened at $25.79 on Friday. The firm’s fifty day moving average price is $24.41 and its 200 day moving average price is $22.06. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of -27.73 and a beta of 0.67.

SentinelOne (NYSE:S) last posted its earnings results 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 business had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. During the same period in the previous year, the business earned ($0.26) EPS. The business’s quarterly revenue was up 33.1% on a year-over-year basis. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its stake in SentinelOne by 49.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after acquiring an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC lifted 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 period. Advisors Asset Management Inc. grew its position in SentinelOne by 19.3% in the 1st quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock valued at $107,000 after buying an additional 743 shares during the last quarter. Archford Capital Strategies LLC increased its stake in SentinelOne by 1.8% in the 2nd quarter. Archford Capital Strategies LLC now owns 45,861 shares of the company’s stock valued at $965,000 after buying an additional 790 shares during the period. Finally, Straight Path Wealth Management raised its position in SentinelOne by 4.9% during the 2nd quarter. Straight Path Wealth Management now owns 21,500 shares of the company’s stock worth $453,000 after buying an additional 1,000 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

S has been the subject of a number of research analyst reports. Scotiabank increased their target price on SentinelOne from $18.00 to $25.00 and gave the company a “sector perform” rating in a report on Wednesday, August 28th. Baird R W upgraded SentinelOne to a “strong-buy” rating in a report on Monday, July 15th. Robert W. Baird upped their target price on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Barclays increased their target price on shares of SentinelOne from $28.00 to $30.00 and gave the company an “equal weight” rating in a research report on Thursday, October 17th. Finally, Loop Capital boosted their price target on shares of SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus 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.