Insider Selling: SentinelOne (NYSE:S) Insider Sells $55,716.55 in Stock

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 4,237 shares of SentinelOne stock in a transaction on Friday, February 6th. The stock was sold at an average price of $13.15, for a total transaction of $55,716.55. Following the sale, the insider directly owned 562,362 shares in the company, valued at approximately $7,395,060.30. This trade represents a 0.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Keenan Michael Conder also recently made the following trade(s):

• On Monday, December 8th, Keenan Michael Conder sold 8,311 shares of SentinelOne stock. The shares were sold at an average price of $14.58, for a total transaction of $121,174.38.

SentinelOne Trading Up 2.2%

NYSE:S opened at $13.22 on Monday. SentinelOne, Inc. has a twelve month low of $12.64 and a twelve month high of $25.24. The company has a market cap of $4.49 billion, a P/E ratio of -10.58 and a beta of 0.77. The company’s 50-day moving average price is $14.73 and its 200-day moving average price is $16.48.

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

Wall Street Analyst Weigh In

S has been the topic of several analyst reports. JPMorgan Chase & Co. reduced their price target on SentinelOne from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Bank of America decreased their target price on shares of SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Citigroup cut their price target on shares of SentinelOne from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Westpark Capital reiterated a “buy” rating and issued a $25.00 price objective on shares of SentinelOne in a report on Friday, December 5th. Finally, Berenberg Bank initiated coverage on shares of SentinelOne in a research note on Tuesday, November 18th. They set a “buy” rating and a $25.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $21.72.

Institutional Investors Weigh In On SentinelOne

A number of hedge funds have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. boosted its position in SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after buying an additional 692 shares during the period. Allworth Financial LP boosted its holdings in SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 726 shares during the period. Diversify Advisory Services LLC boosted its holdings in SentinelOne by 3.5% in the fourth quarter. Diversify Advisory Services LLC now owns 22,492 shares of the company’s stock valued at $313,000 after purchasing an additional 753 shares during the period. Mission Creek Capital Partners Inc. grew its stake in SentinelOne by 1.7% during the 2nd quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company’s stock worth $840,000 after purchasing an additional 760 shares in the last quarter. Finally, Main Management ETF Advisors LLC increased its holdings in SentinelOne by 1.7% during the 2nd quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company’s stock worth $857,000 after purchasing an additional 768 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

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.