Insider Selling: SentinelOne (NYSE:S) Insider Sells 23,520 Shares of Stock

Key Points

• Insider Ric Smith sold 23,520 shares of SentinelOne stock on September 9th for a total value of $425,006.40, decreasing his position by 2.47%.
• SentinelOne's stock is currently trading at $18.00, with a 52-week range between $15.36 and $29.29.
• Research analysts have a consensus rating of "Moderate Buy" on SentinelOne, with an average target price of $24.29.

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Ric Smith sold 23,520 shares of the company's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $18.07, for a total value of $425,006.40. Following the sale, the insider directly owned 928,021 shares of the company's stock, valued at $16,769,339.47. The trade was a 2.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, September 8th, Ric Smith sold 24,515 shares of SentinelOne stock. The stock was sold at an average price of $18.69, for a total value of $458,185.35.
• On Thursday, August 7th, Ric Smith sold 15,163 shares of SentinelOne stock. The shares were sold at an average price of $16.68, for a total value of $252,918.84.
• On Wednesday, August 6th, Ric Smith sold 15,807 shares of SentinelOne stock. The shares were sold at an average price of $17.31, for a total value of $273,619.17.

SentinelOne Stock Performance

Shares of S traded down $0.43 during mid-day trading on Tuesday, hitting $18.00. The company's stock had a trading volume of 5,475,953 shares, compared to its average volume of 6,977,575. SentinelOne, Inc. has a one year low of $15.36 and a one year high of $29.29. The firm has a market capitalization of $6.00 billion, a PE ratio of -13.64 and a beta of 0.78. The stock's 50-day moving average is $17.85 and its two-hundred day moving average is $18.37.

Hedge Funds Weigh In On SentinelOne

Several hedge funds have recently added to or reduced their stakes in S. Rafferty Asset Management LLC boosted its holdings in SentinelOne by 2.5% during the first quarter. Rafferty Asset Management LLC now owns 25,868 shares of the company's stock worth $470,000 after buying an additional 641 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in SentinelOne by 25.2% during the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company's stock worth $63,000 after buying an additional 692 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its holdings in SentinelOne by 4.6% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company's stock worth $365,000 after buying an additional 724 shares during the last quarter. Mission Creek Capital Partners Inc. boosted its holdings in SentinelOne by 1.7% during the second quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company's stock worth $840,000 after buying an additional 760 shares during the last quarter. Finally, Main Management ETF Advisors LLC boosted its holdings in SentinelOne by 1.7% during the second quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company's stock worth $857,000 after buying an additional 768 shares during the last quarter. Institutional investors own 90.87% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Jefferies Financial Group raised their target price on SentinelOne from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Morgan Stanley reaffirmed a "positive" rating on shares of SentinelOne in a research report on Tuesday, September 2nd. BTIG Research reiterated a "neutral" rating on shares of SentinelOne in a research note on Monday, August 25th. Wells Fargo & Company increased their price objective on SentinelOne from $18.00 to $19.00 and gave the stock an "equal weight" rating in a research note on Friday, August 29th. Finally, JMP Securities reiterated a "market outperform" rating and set a $29.00 price objective on shares of SentinelOne in a research note on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $24.29.

SentinelOne Company Profile

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.

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