David J. Bernhardt Sells 11,061 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:SGet Free Report) CFO David J. Bernhardt sold 11,061 shares of the business’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $17.30, for a total transaction of $191,355.30. Following the sale, the chief financial officer now owns 517,298 shares of the company’s stock, valued at approximately $8,949,255.40. The sale was disclosed in a legal filing with the SEC, which is available at this link.

SentinelOne Price Performance

Shares of S stock opened at $17.18 on Friday. SentinelOne, Inc. has a 1 year low of $13.70 and a 1 year high of $30.76. The company’s fifty day simple moving average is $21.05 and its two-hundred day simple moving average is $23.81.

SentinelOne (NYSE:SGet Free Report) last issued its quarterly earnings data on Thursday, May 30th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.18). The firm had revenue of $186.36 million for the quarter, compared to analysts’ expectations of $181.11 million. SentinelOne had a negative net margin of 44.79% and a negative return on equity of 16.48%. SentinelOne’s revenue was up 39.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.35) EPS. Research analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current year.

Institutional Trading of SentinelOne

Several institutional investors and hedge funds have recently modified their holdings of S. Newbridge Financial Services Group Inc. bought a new position in shares of SentinelOne in the 4th quarter worth $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 acquiring an additional 1,200 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in SentinelOne during the third quarter valued at about $38,000. Cary Street Partners Investment Advisory LLC purchased a new stake in SentinelOne during the third quarter valued at about $55,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in SentinelOne during the first quarter worth about $80,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. JMP Securities reiterated a “market outperform” rating and set a $33.00 price objective on shares of SentinelOne in a report on Friday, May 31st. DA Davidson lifted their price target on SentinelOne from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Thursday, March 14th. Loop Capital lowered their price objective on SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 31st. Wells Fargo & Company dropped their target price on SentinelOne from $26.00 to $19.00 and set an “equal weight” rating on the stock in a report on Friday, May 31st. Finally, UBS Group decreased their price target on SentinelOne from $29.00 to $27.00 and set a “buy” rating for the company in a report on Friday, May 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and a consensus price target of $25.08.

View Our Latest Research Report on SentinelOne

About SentinelOne

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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.

Further Reading

Insider Buying and Selling by Quarter for SentinelOne (NYSE:S)

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