SentinelOne, Inc. (NYSE:S) Insider Sells $17,348.16 in Stock

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 816 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $21.26, for a total transaction of $17,348.16. Following the completion of the transaction, the insider now owns 461,424 shares of the company’s stock, valued at approximately $9,809,874.24. The sale was disclosed in a filing with the SEC, which is available at this link.

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

• On Wednesday, March 6th, Keenan Michael Conder sold 5,157 shares of SentinelOne stock. The shares were sold at an average price of $27.25, for a total transaction of $140,528.25.

SentinelOne Trading Down 3.3 %

Shares of SentinelOne stock traded down $0.72 during mid-day trading on Wednesday, hitting $20.96. 4,176,783 shares of the stock were exchanged, compared to its average volume of 5,523,666. SentinelOne, Inc. has a twelve month low of $12.43 and a twelve month high of $30.76. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of -18.07 and a beta of 0.69. The company has a 50-day simple moving average of $23.18 and a 200 day simple moving average of $23.21.

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

Institutional Investors Weigh In On SentinelOne

Hedge funds have recently modified their holdings of the stock. Newbridge Financial Services Group Inc. acquired a new stake in shares of SentinelOne in the fourth quarter worth approximately $30,000. Montag A & Associates Inc. raised its holdings 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 buying an additional 1,200 shares during the period. Acadian Asset Management LLC purchased a new position in SentinelOne in the third quarter valued at approximately $38,000. Cary Street Partners Investment Advisory LLC purchased a new position in SentinelOne in the third quarter valued at approximately $55,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in SentinelOne in the first quarter valued at approximately $80,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on S. StockNews.com upgraded shares of SentinelOne to a “sell” rating in a report on Friday, January 12th. Wells Fargo & Company upped their target price on shares of SentinelOne from $22.00 to $28.00 and gave the company an “equal weight” rating in a report on Thursday, March 14th. Wedbush boosted their price target on SentinelOne from $28.00 to $32.00 and gave the company an “overweight” rating in a research report on Thursday, March 14th. Guggenheim increased their price objective on SentinelOne from $26.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Finally, Citigroup boosted their target price on SentinelOne from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to 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.