SentinelOne (NYSE:S) CAO Sells $39,121.25 in Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 2,975 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $13.15, for a total transaction of $39,121.25. Following the completion of the transaction, the chief accounting officer owned 411,034 shares in the company, valued at $5,405,097.10. The trade was a 0.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Monday, December 8th, Robin Tomasello sold 8,509 shares of SentinelOne stock. The stock was sold at an average price of $14.58, for a total transaction of $124,061.22.

SentinelOne Stock Performance

Shares of NYSE S traded up $0.29 during trading hours on Friday, hitting $13.22. The company’s stock had a trading volume of 9,719,576 shares, compared to its average volume of 8,417,990. SentinelOne, Inc. has a 12 month low of $12.64 and a 12 month high of $25.24. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of -10.58 and a beta of 0.77. The business has a 50-day simple moving average of $14.73 and a 200-day simple moving average of $16.52.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on S shares. Morgan Stanley dropped their target price on shares of SentinelOne from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Friday, December 5th. Guggenheim reissued a “buy” rating and issued a $28.00 price target on shares of SentinelOne in a research note on Friday, December 5th. Canaccord Genuity Group cut their price objective on SentinelOne from $26.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday, December 5th. JPMorgan Chase & Co. decreased their target price on SentinelOne from $19.00 to $17.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. Finally, Citizens Jmp lowered their target price on SentinelOne from $29.00 to $23.00 and set a “market outperform” rating for the company in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $21.72.

Institutional Trading of SentinelOne

A number of hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its position in SentinelOne by 77.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 4,538 shares of the company’s stock valued at $68,000 after buying an additional 1,979 shares in the last quarter. Evoke Wealth LLC grew its stake in shares of SentinelOne by 0.8% in the fourth quarter. Evoke Wealth LLC now owns 143,363 shares of the company’s stock worth $2,150,000 after acquiring an additional 1,189 shares during the last quarter. Diamond Hill Capital Management Inc. bought a new position in shares of SentinelOne during the fourth quarter valued at $35,781,000. Handelsbanken Fonder AB raised its position in shares of SentinelOne by 10.2% in the 4th quarter. Handelsbanken Fonder AB now owns 80,263 shares of the company’s stock worth $1,204,000 after purchasing an additional 7,400 shares during the last quarter. Finally, Flynn Zito Capital Management LLC raised its position in shares of SentinelOne by 13.9% in the 4th quarter. Flynn Zito Capital Management LLC now owns 15,589 shares of the company’s stock worth $234,000 after purchasing an additional 1,903 shares during the last quarter. 90.87% of the stock is owned by institutional investors.

SentinelOne Company Profile

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.