SentinelOne, Inc. (NYSE:S) Insider Keenan Michael Conder Sells 11,097 Shares of Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Keenan Michael Conder sold 11,097 shares of the stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $18.28, for a total transaction of $202,853.16. Following the sale, the insider now owns 596,332 shares in the company, valued at approximately $10,900,948.96. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

SentinelOne Stock Down 0.2%

Shares of SentinelOne stock traded down $0.04 during trading on Thursday, hitting $17.92. The stock had a trading volume of 10,103,799 shares, compared to its average volume of 5,092,761. SentinelOne, Inc. has a 1 year low of $15.36 and a 1 year high of $29.29. The stock has a 50 day simple moving average of $18.41 and a 200 day simple moving average of $21.06. The company has a market capitalization of $5.91 billion, a PE ratio of -19.06 and a beta of 0.77.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, hitting analysts' consensus estimates of $0.02. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm had revenue of $229.03 million during the quarter, compared to analyst estimates of $228.39 million. The business's quarterly revenue was up 22.9% compared to the same quarter last year. As a group, equities analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $19.00 target price (down previously from $22.00) on shares of SentinelOne in a research note on Thursday, May 29th. Roth Capital set a $26.00 price target on SentinelOne and gave the company a "buy" rating in a research note on Tuesday, April 22nd. Piper Sandler lowered their price target on SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a research report on Thursday, March 13th. Robert W. Baird cut their price objective on SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $24.00 target price on shares of SentinelOne in a research note on Friday, May 23rd. Ten research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $24.83.

Institutional Trading of SentinelOne

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in SentinelOne by 4.4% during the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company's stock valued at $567,214,000 after buying an additional 1,318,533 shares during the period. Sylebra Capital LLC grew its stake in SentinelOne by 10.0% during the 1st quarter. Sylebra Capital LLC now owns 10,573,052 shares of the company's stock valued at $192,218,000 after acquiring an additional 959,771 shares in the last quarter. Eminence Capital LP grew its stake in SentinelOne by 6.4% during the 4th quarter. Eminence Capital LP now owns 6,533,894 shares of the company's stock valued at $145,052,000 after acquiring an additional 392,986 shares in the last quarter. Invesco Ltd. increased its holdings in shares of SentinelOne by 18.4% in the 4th quarter. Invesco Ltd. now owns 5,788,022 shares of the company's stock valued at $128,494,000 after purchasing an additional 900,577 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of SentinelOne by 92.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,329,905 shares of the company's stock worth $96,898,000 after purchasing an additional 2,558,702 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

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.