SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Michael Conder sold 26,374 shares of the business’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total value of $529,589.92. Following the transaction, the insider owned 956,358 shares of the company’s stock, valued at $19,203,668.64. This trade represents a 2.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Keenan Michael Conder also recently made the following trade(s):
- On Monday, June 8th, Keenan Michael Conder sold 8,401 shares of SentinelOne stock. The stock was sold at an average price of $15.70, for a total value of $131,895.70.
SentinelOne Stock Up 2.9%
Shares of SentinelOne stock opened at $21.36 on Friday. The business has a fifty day simple moving average of $17.46 and a 200-day simple moving average of $15.47. SentinelOne, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $21.51. The firm has a market cap of $7.32 billion, a price-to-earnings ratio of -22.25 and a beta of 0.79.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the stock. Bank of America raised shares of SentinelOne from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $16.00 to $20.00 in a research report on Friday, May 29th. Oppenheimer raised their price objective on shares of SentinelOne from $18.00 to $21.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Canaccord Genuity Group lifted their price objective on shares of SentinelOne from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Scotiabank raised shares of SentinelOne from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $16.00 to $23.50 in a research note on Monday, July 6th. Finally, Rosenblatt Securities restated a “buy” rating and set a $20.00 price objective on shares of SentinelOne in a research report on Wednesday, July 1st. Eighteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.93.
Check Out Our Latest Stock Report on SentinelOne
Key Headlines Impacting SentinelOne
Here are the key news stories impacting SentinelOne this week:
- Positive Sentiment: Traders purchased 22,967 call options on SentinelOne, 54% above the stock’s typical daily call volume of 14,948 contracts. The activity suggests increased bullish positioning and may be contributing to upward momentum. SentinelOne options activity
- Neutral Sentiment: CEO Tomer Weingarten, COO Barry Padgett, CAO Robin Tomasello, and directors or other insiders sold a combined 101,660 shares for approximately $2.04 million. Each filing stated that the shares were sold to satisfy tax-withholding obligations when equity awards vested. The sales reduced individual holdings by roughly 0.84% to 2.84%, but the executives continued to own substantial positions. SentinelOne insider transaction filing
- Negative Sentiment: SentinelOne recently underperformed the broader market in the latest session, closing lower than the prior day. That weakness may reflect short-term profit-taking after the stock’s strong run and its position near its 52-week high, rather than a newly announced fundamental setback. Why SentinelOne fell more than the broader market
Hedge Funds Weigh In On SentinelOne
Several institutional investors have recently bought and sold shares of S. Allied Private Wealth LLC acquired a new position in shares of SentinelOne during the 2nd quarter valued at about $25,000. Allworth Financial LP raised its stake in shares of SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Danske Bank A S acquired a new stake in SentinelOne in the 3rd quarter worth approximately $26,000. Assetmark Inc. lifted its holdings in SentinelOne by 700.8% in the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after purchasing an additional 1,668 shares during the last quarter. Finally, Spurstone Advisory Services LLC boosted its position in SentinelOne by 66.7% during the fourth quarter. Spurstone Advisory Services LLC now owns 2,500 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the period. 90.87% of the stock is currently owned by institutional investors.
About SentinelOne
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.
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