Ric Smith Sells 27,481 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Ric Smith sold 27,481 shares of SentinelOne stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $18.28, for a total transaction of $502,352.68. Following the transaction, the insider now directly owns 1,030,544 shares in the company, valued at $18,838,344.32. The trade was a 2.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, June 9th, Ric Smith sold 23,518 shares of SentinelOne stock. The stock was sold at an average price of $18.30, for a total value of $430,379.40.
• On Tuesday, May 6th, Ric Smith sold 3,187 shares of SentinelOne stock. The stock was sold at an average price of $18.54, for a total value of $59,086.98.
• On Thursday, March 27th, Ric Smith sold 10,624 shares of SentinelOne stock. The shares were sold at an average price of $19.77, for a total value of $210,036.48.
• On Tuesday, March 18th, Ric Smith sold 31,659 shares of SentinelOne stock. The shares were sold at an average price of $19.10, for a total value of $604,686.90.

SentinelOne Stock Down 0.2%

Shares of S stock traded down $0.04 during trading on Thursday, reaching $17.92. 10,103,799 shares of the company's stock were exchanged, compared to its average volume of 5,092,761. SentinelOne, Inc. has a twelve month low of $15.36 and a twelve month high of $29.29. The firm's fifty day moving average price is $18.41 and its 200-day moving average price is $21.06. The stock 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 released its quarterly earnings data on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $229.03 million for the quarter, compared to the consensus estimate of $228.39 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm's quarterly revenue was up 22.9% on a year-over-year basis. As a group, analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

S has been the topic of a number of research reports. DA Davidson cut their price target on shares of SentinelOne from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, May 29th. Westpark Capital cut their price objective on shares of SentinelOne from $31.00 to $25.00 and set a "buy" rating on the stock in a research report on Thursday, May 29th. Sanford C. Bernstein reduced their target price on shares of SentinelOne from $27.00 to $25.00 and set an "outperform" rating for the company in a research note on Thursday, May 29th. Cantor Fitzgerald reissued an "overweight" rating and issued a $24.00 price target on shares of SentinelOne in a research note on Friday, May 23rd. Finally, Bank of America restated a "neutral" rating and issued a $21.00 price target on shares of SentinelOne in a report on Thursday, May 29th. Ten research analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, SentinelOne presently has an average rating of "Moderate Buy" and an average target price of $24.83.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of S. Marshall Wace LLP increased its position in SentinelOne by 715.4% during the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock worth $106,447,000 after buying an additional 4,206,900 shares during the period. Norges Bank acquired a new position in shares of SentinelOne in the fourth quarter valued at about $73,528,000. Point72 Asset Management L.P. bought a new position in SentinelOne during the fourth quarter worth about $63,120,000. Massachusetts Financial Services Co. MA increased its position in SentinelOne by 92.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,329,905 shares of the company's stock worth $96,898,000 after acquiring an additional 2,558,702 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in 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. 90.87% of the stock is owned by institutional investors.

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.