SentinelOne (NYSE:S) CFO Barbara Larson Sells 11,173 Shares of Stock

SentinelOne, Inc. (NYSE:S) CFO Barbara Larson sold 11,173 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $14.82, for a total transaction of $165,583.86. Following the completion of the sale, the chief financial officer directly owned 539,372 shares in the company, valued at $7,993,493.04. This trade represents a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

SentinelOne Price Performance

Shares of NYSE:S opened at $15.30 on Friday. The firm has a market capitalization of $5.20 billion, a PE ratio of -12.24 and a beta of 0.77. The business has a 50 day simple moving average of $15.74 and a two-hundred day simple moving average of $17.10. SentinelOne, Inc. has a 1 year low of $14.43 and a 1 year high of $25.24.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on S. Wedbush cut their price target on shares of SentinelOne from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Friday, December 5th. Citigroup reaffirmed a “market outperform” rating on shares of SentinelOne in a research report on Friday, December 5th. Guggenheim reiterated a “buy” rating and issued a $28.00 price target on shares of SentinelOne in a report on Friday, December 5th. Bank of America dropped their price objective on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Finally, Canaccord Genuity Group decreased their target price on SentinelOne from $26.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and an average price target of $22.33.

Hedge Funds Weigh In On SentinelOne

A number of large investors have recently bought and sold shares of the business. Daiwa Securities Group Inc. boosted its position in SentinelOne by 25.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after acquiring an additional 692 shares in the last quarter. Allworth Financial LP lifted its stake in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares during the last quarter. Mission Creek Capital Partners Inc. boosted its position in SentinelOne by 1.7% during the second quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company’s stock valued at $840,000 after purchasing an additional 760 shares in the last quarter. Main Management ETF Advisors LLC grew its stake in SentinelOne by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company’s stock valued at $857,000 after purchasing an additional 768 shares during the last quarter. Finally, Sapience Investments LLC grew its stake in SentinelOne by 3.7% in the second quarter. Sapience Investments LLC now owns 24,140 shares of the company’s stock valued at $441,000 after purchasing an additional 862 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

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.