Insider Selling: SentinelOne (NYSE:S) Insider Sells $176,358.00 in Stock

SentinelOne, Inc. (NYSE:S) insider Ana Pinczuk sold 11,900 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $14.82, for a total transaction of $176,358.00. Following the transaction, the insider owned 560,589 shares of the company’s stock, valued at approximately $8,307,928.98. This represents a 2.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

SentinelOne Stock Down 1.3%

Shares of S stock opened at $15.13 on Friday. The company’s fifty day simple moving average is $15.68 and its two-hundred day simple moving average is $17.08. SentinelOne, Inc. has a 52 week low of $14.43 and a 52 week high of $25.24. The stock has a market cap of $5.14 billion, a P/E ratio of -12.10 and a beta of 0.77.

SentinelOne (NYSE:S) last issued its earnings results on Thursday, December 4th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The firm had revenue of $258.91 million for the quarter, compared to analysts’ expectations of $256.19 million. During the same period in the previous year, the firm posted ($0.25) earnings per share. The business’s revenue was up 22.9% compared to the same quarter last year. On average, analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on S shares. Canaccord Genuity Group cut their target price on shares of SentinelOne from $26.00 to $23.00 and set a “buy” rating for the company in a report on Friday, December 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SentinelOne in a research report on Monday, December 29th. Barclays reduced their target price on shares of SentinelOne from $21.00 to $18.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 19th. DA Davidson lowered their price target on shares of SentinelOne from $19.00 to $16.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Finally, Cowen reiterated a “buy” rating on shares of SentinelOne in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.33.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Norges Bank acquired a new stake in SentinelOne in the second quarter valued at approximately $65,371,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of SentinelOne by 131.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company’s stock worth $79,532,000 after purchasing an additional 2,483,136 shares in the last quarter. Cooper Creek Partners Management LLC purchased a new position in SentinelOne during the 3rd quarter worth $41,416,000. Vanguard Group Inc. increased its position in SentinelOne by 6.5% during the 3rd quarter. Vanguard Group Inc. now owns 36,012,413 shares of the company’s stock valued at $634,179,000 after buying an additional 2,191,321 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in SentinelOne by 92.6% in the second quarter. AQR Capital Management LLC now owns 4,268,733 shares of the company’s stock valued at $77,264,000 after buying an additional 2,051,980 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

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.