Insider Selling: SentinelOne (NYSE:S) Insider Sells 4,237 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 4,237 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $13.15, for a total value of $55,716.55. Following the transaction, the insider directly owned 562,362 shares in the company, valued at approximately $7,395,060.30. The trade was a 0.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Monday, December 8th, Keenan Michael Conder sold 8,311 shares of SentinelOne stock. The shares were sold at an average price of $14.58, for a total value of $121,174.38.

SentinelOne Stock Up 2.2%

NYSE:S traded up $0.29 on Friday, reaching $13.22. 9,719,576 shares of the company’s stock were exchanged, compared to its average volume of 8,417,990. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of -10.58 and a beta of 0.77. SentinelOne, Inc. has a 52-week low of $12.64 and a 52-week high of $25.24. The business has a fifty day moving average of $14.73 and a 200-day moving average of $16.52.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Thursday, December 4th. The company reported $0.07 earnings per share for the quarter, beating 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 firm had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter in the previous year, the business posted ($0.25) earnings per share. The business’s quarterly revenue was up 22.9% compared to the same quarter last year. As a group, equities analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on S. Piper Sandler reissued a “neutral” rating and set a $17.00 target price (down from $20.00) on shares of SentinelOne in a research note on Sunday, January 4th. Citizens Jmp decreased their price objective on SentinelOne from $29.00 to $23.00 and set a “market outperform” rating for the company in a research note on Friday, December 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of SentinelOne in a research report on Monday, December 29th. The Goldman Sachs Group reduced their target price on shares of SentinelOne from $19.00 to $16.50 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Finally, TD Cowen reiterated a “buy” rating on shares of SentinelOne in a report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $21.72.

Institutional Investors Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in SentinelOne by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 36,532,555 shares of the company’s stock valued at $547,988,000 after purchasing an additional 520,142 shares in the last quarter. First Trust Advisors LP lifted its position in shares of SentinelOne by 20.0% during the 2nd quarter. First Trust Advisors LP now owns 9,555,943 shares of the company’s stock worth $174,683,000 after buying an additional 1,589,845 shares during the last quarter. Legal & General Group Plc lifted its position in shares of SentinelOne by 16.0% during the 3rd quarter. Legal & General Group Plc now owns 8,205,864 shares of the company’s stock worth $144,505,000 after buying an additional 1,132,121 shares during the last quarter. Caprock Group LLC boosted its holdings in shares of SentinelOne by 2,275.2% in the 4th quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock valued at $116,242,000 after buying an additional 7,423,177 shares in the last quarter. Finally, Eminence Capital LP boosted its holdings in shares of SentinelOne by 24.9% in the 2nd quarter. Eminence Capital LP now owns 7,068,308 shares of the company’s stock valued at $129,209,000 after buying an additional 1,407,764 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Company Profile

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.