Robin Tomasello Sells 5,022 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:SGet Free Report) CAO Robin Tomasello sold 5,022 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $17.30, for a total value of $86,880.60. Following the completion of the transaction, the chief accounting officer now directly owns 198,174 shares of the company’s stock, valued at $3,428,410.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

SentinelOne Stock Performance

NYSE:S traded down $0.06 during mid-day trading on Friday, hitting $17.18. The stock had a trading volume of 3,340,048 shares, compared to its average volume of 5,527,118. The company’s 50 day simple moving average is $21.17 and its 200 day simple moving average is $23.81. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of -16.84 and a beta of 0.59. SentinelOne, Inc. has a twelve month low of $13.70 and a twelve month high of $30.76.

SentinelOne (NYSE:SGet Free Report) last posted its earnings results on Thursday, May 30th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.18). SentinelOne had a negative return on equity of 16.48% and a negative net margin of 44.79%. The business had revenue of $186.36 million for the quarter, compared to analyst estimates of $181.11 million. During the same period in the previous year, the firm posted ($0.35) earnings per share. The firm’s revenue was up 39.7% compared to the same quarter last year. As a group, equities analysts forecast that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Institutional Trading of SentinelOne

Hedge funds have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. acquired a new position in SentinelOne in the 4th quarter valued at $30,000. Montag A & Associates Inc. grew its position in SentinelOne by 143.0% during the third quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock worth $34,000 after buying an additional 1,200 shares in the last quarter. Acadian Asset Management LLC bought a new position in SentinelOne during the 3rd quarter worth $38,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of SentinelOne during the 3rd quarter valued at $55,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in SentinelOne in the first quarter valued at about $80,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on S. Wedbush lifted their price objective on SentinelOne from $28.00 to $32.00 and gave the company an “overweight” rating in a report on Thursday, March 14th. Guggenheim increased their price objective on shares of SentinelOne from $26.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Loop Capital cut their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, May 31st. Susquehanna reduced their target price on shares of SentinelOne from $35.00 to $22.00 and set a “positive” rating for the company in a research note on Friday, May 31st. Finally, Barclays dropped their price target on SentinelOne from $27.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Friday, May 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, SentinelOne presently has a consensus rating of “Moderate Buy” and an average target price of $25.08.

View Our Latest Stock Analysis on SentinelOne

About SentinelOne

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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.

Further Reading

Insider Buying and Selling by Quarter for SentinelOne (NYSE:S)

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