Insider Selling: SentinelOne (NYSE:S) CAO Sells 8,509 Shares of Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 8,509 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $14.58, for a total transaction of $124,061.22. Following the completion of the sale, the chief accounting officer directly owned 285,551 shares in the company, valued at approximately $4,163,333.58. The trade was a 2.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Thursday, November 6th, Robin Tomasello sold 3,476 shares of SentinelOne stock. The shares were sold at an average price of $16.56, for a total transaction of $57,562.56.

SentinelOne Price Performance

NYSE S traded up $0.43 during trading on Wednesday, reaching $15.27. 16,982,234 shares of the company’s stock were exchanged, compared to its average volume of 6,110,296. The business has a 50 day moving average price of $16.81 and a 200-day moving average price of $17.57. The stock has a market capitalization of $5.10 billion, a P/E ratio of -12.22 and a beta of 0.76. SentinelOne, Inc. has a fifty-two week low of $14.48 and a fifty-two week high of $25.24.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.07 earnings per share (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 company had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same period last year, the firm posted ($0.25) earnings per share. The business’s revenue was up 22.9% on a year-over-year basis. On average, analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on S. Citigroup reaffirmed a “market outperform” rating on shares of SentinelOne in a report on Friday, December 5th. Oppenheimer cut their target price on shares of SentinelOne from $26.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. Jefferies Financial Group lifted their target price on shares of SentinelOne from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, August 29th. BTIG Research reissued a “neutral” rating on shares of SentinelOne in a report on Monday, August 25th. Finally, JPMorgan Chase & Co. cut their price objective on shares of SentinelOne from $19.00 to $17.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.43.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Allworth Financial LP boosted its position in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 726 shares during the last quarter. Strategic Advocates LLC bought a new position in SentinelOne during the 3rd quarter valued at $26,000. Danske Bank A S bought a new position in SentinelOne during the 3rd quarter valued at $26,000. Atlantic Union Bankshares Corp purchased a new position in SentinelOne during the 2nd quarter worth $29,000. Finally, MAI Capital Management raised its holdings in shares of SentinelOne by 121.2% in the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock valued at $32,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors 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.