Insider Selling: SentinelOne, Inc. (NYSE:S) Insider Sells 10,624 Shares of Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 10,624 shares of the firm’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $210,036.48. Following the sale, the insider now owns 488,122 shares in the company, valued at approximately $9,650,171.94. This represents a 2.13 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, March 18th, Ric Smith sold 31,659 shares of SentinelOne stock. The shares were sold at an average price of $19.10, for a total value of $604,686.90.
• On Thursday, March 6th, Ric Smith sold 20,188 shares of SentinelOne stock. The stock was sold at an average price of $19.55, for a total value of $394,675.40.
• On Tuesday, February 25th, Ric Smith sold 14,584 shares of SentinelOne stock. The shares were sold at an average price of $20.96, for a total value of $305,680.64.
• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total value of $56,066.95.
• On Monday, January 27th, Ric Smith sold 14,583 shares of SentinelOne stock. The stock was sold at an average price of $23.29, for a total transaction of $339,638.07.

SentinelOne Price Performance

NYSE S opened at $18.84 on Friday. The stock has a market capitalization of $6.05 billion, a P/E ratio of -20.04 and a beta of 0.78. The firm’s 50-day moving average is $21.71 and its two-hundred day moving average is $23.73. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29.

Analysts Set New Price Targets

A number of analysts have recently commented on S shares. Morgan Stanley initiated coverage on shares of SentinelOne in a research note on Tuesday, March 18th. They set an “equal weight” rating and a $20.00 target price for the company. Oppenheimer initiated coverage on SentinelOne in a research note on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price objective for the company. Guggenheim restated a “buy” rating and issued a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Westpark Capital dropped their price target on SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, March 11th. Finally, Susquehanna decreased their price objective on SentinelOne from $30.00 to $25.00 and set a “positive” rating on the stock in a report on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.33.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its holdings in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 556 shares during the period. Avion Wealth acquired a new stake in shares of SentinelOne during the fourth quarter worth about $28,000. Crewe Advisors LLC purchased a new position in shares of SentinelOne in the fourth quarter valued at approximately $33,000. Arlington Trust Co LLC acquired a new position in shares of SentinelOne in the fourth quarter valued at approximately $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in SentinelOne during the 4th quarter worth approximately $38,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

About SentinelOne

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.