SentinelOne (NYSE:S) CAO Sells $39,121.25 in Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 2,975 shares of SentinelOne stock in a transaction on Friday, February 6th. The shares were sold at an average price of $13.15, for a total value of $39,121.25. Following the sale, the chief accounting officer directly owned 411,034 shares of the company’s stock, valued at $5,405,097.10. This represents a 0.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Robin Tomasello also recently made the following trade(s):

• On Monday, December 8th, Robin Tomasello sold 8,509 shares of SentinelOne stock. The stock was sold at an average price of $14.58, for a total transaction of $124,061.22.

SentinelOne Price Performance

S stock opened at $13.22 on Monday. SentinelOne, Inc. has a one year low of $12.64 and a one year high of $25.24. The stock has a market cap of $4.49 billion, a PE ratio of -10.58 and a beta of 0.77. The firm has a 50 day simple moving average of $14.73 and a two-hundred day simple moving average of $16.48.

SentinelOne (NYSE:S) last released its earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $258.91 million for the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter in the prior year, the firm earned ($0.25) earnings per share. The firm’s revenue was up 22.9% on a year-over-year basis. On average, research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Hedge Funds Weigh In On SentinelOne

Hedge funds and other institutional investors have recently made changes to their positions in the business. Allworth Financial LP lifted its stake in SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 726 shares during the period. Strategic Advocates LLC bought a new position in SentinelOne in the 3rd quarter worth $26,000. Danske Bank A S purchased a new stake in shares of SentinelOne in the 3rd quarter worth about $26,000. Atlantic Union Bankshares Corp bought a new stake in shares of SentinelOne during the 2nd quarter valued at about $29,000. Finally, MAI Capital Management increased its position in shares of SentinelOne by 121.2% during the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock valued at $32,000 after buying an additional 1,000 shares during the period. Institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

S has been the subject of several recent research reports. 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 research note on Friday, December 5th. Wedbush lowered their target price on SentinelOne from $23.00 to $20.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. TD Cowen restated a “buy” rating on shares of SentinelOne in a report on Friday, December 5th. Berenberg Bank assumed coverage on SentinelOne in a research report on Tuesday, November 18th. They set a “buy” rating and a $25.00 price target on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $21.00 price objective on shares of SentinelOne in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and a consensus target price of $21.72.

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.