SentinelOne (NYSE:S) Insider Ric Smith Sells 24,515 Shares

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 24,515 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $18.69, for a total transaction of $458,185.35. Following the sale, the insider directly owned 951,541 shares in the company, valued at $17,784,301.29. This represents a 2.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Ric Smith also recently made the following trade(s):

• On Tuesday, September 9th, Ric Smith sold 23,520 shares of SentinelOne stock. The stock was sold at an average price of $18.07, for a total transaction of $425,006.40.
• On Thursday, August 7th, Ric Smith sold 15,163 shares of SentinelOne stock. The stock was sold at an average price of $16.68, for a total transaction of $252,918.84.
• On Wednesday, August 6th, Ric Smith sold 15,807 shares of SentinelOne stock. The stock was sold at an average price of $17.31, for a total transaction of $273,619.17.

SentinelOne Stock Performance

Shares of S opened at $18.00 on Wednesday. The stock has a market capitalization of $6.00 billion, a PE ratio of -13.64 and a beta of 0.78. SentinelOne, Inc. has a 1 year low of $15.36 and a 1 year high of $29.29. The company’s 50-day simple moving average is $17.85 and its 200-day simple moving average is $18.37.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Scotiabank boosted their price objective on SentinelOne from $18.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Friday, August 29th. New Street Research set a $23.00 price objective on SentinelOne in a research report on Friday, August 29th. BTIG Research reissued a “neutral” rating on shares of SentinelOne in a research report on Monday, August 25th. Sanford C. Bernstein boosted their price objective on SentinelOne from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Finally, Rosenblatt Securities assumed coverage on SentinelOne in a research report on Friday, July 18th. They set a “buy” rating and a $24.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, SentinelOne currently has an average rating of “Moderate Buy” and an average target price of $24.29.

Institutional Trading of SentinelOne

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in shares of SentinelOne by 11,049.7% in the 1st quarter. GAMMA Investing LLC now owns 35,233 shares of the company’s stock valued at $641,000 after purchasing an additional 34,917 shares during the period. M&T Bank Corp boosted its position in shares of SentinelOne by 71.9% in the 1st quarter. M&T Bank Corp now owns 43,043 shares of the company’s stock valued at $782,000 after purchasing an additional 17,998 shares during the period. Vanguard Group Inc. boosted its position in shares of SentinelOne by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock valued at $567,214,000 after purchasing an additional 1,318,533 shares during the period. Merit Financial Group LLC acquired a new stake in shares of SentinelOne in the 1st quarter valued at about $250,000. Finally, Oppenheimer & Co. Inc. boosted its position in shares of SentinelOne by 54.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 51,041 shares of the company’s stock valued at $928,000 after purchasing an additional 18,009 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

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.