SentinelOne, Inc. (NYSE:S) CFO David J. Bernhardt Sells 2,631 Shares

SentinelOne, Inc. (NYSE:S) CFO David J. Bernhardt sold 2,631 shares of SentinelOne stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $21.26, for a total transaction of $55,935.06. Following the completion of the sale, the chief financial officer now owns 532,380 shares of the company’s stock, valued at $11,318,398.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

SentinelOne Stock Performance

Shares of S stock traded down $0.72 on Wednesday, hitting $20.96. The company had a trading volume of 4,176,783 shares, compared to its average volume of 5,523,666. The stock’s 50-day moving average is $23.18 and its two-hundred day moving average is $23.21. The firm has a market cap of $6.50 billion, a P/E ratio of -18.07 and a beta of 0.69. SentinelOne, Inc. has a twelve month low of $12.43 and a twelve month high of $30.76.

SentinelOne (NYSE:S) last released its earnings results on Wednesday, March 13th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. The business had revenue of $174.18 million during the quarter, compared to the consensus estimate of $169.40 million. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The company’s revenue for the quarter was up 38.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.30) EPS. Equities research analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Hedge Funds Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently bought and sold shares of S. Newbridge Financial Services Group Inc. acquired a new position in shares of SentinelOne during the 4th quarter valued at $30,000. Montag A & Associates Inc. increased its stake in SentinelOne by 143.0% in the third quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock valued at $34,000 after purchasing an additional 1,200 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of SentinelOne during the third quarter valued at about $38,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of SentinelOne during the 3rd quarter worth about $55,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of SentinelOne in the 1st quarter valued at about $80,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price target on shares of SentinelOne from $22.00 to $28.00 and gave the company an “equal weight” rating in a research report on Thursday, March 14th. Loop Capital boosted their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, March 14th. Citigroup boosted their price objective on shares of SentinelOne from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, January 10th. BTIG Research upgraded shares of SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Monday, January 22nd. Finally, Guggenheim boosted their price objective on shares of SentinelOne from $26.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $26.08.

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.