SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Conder sold 8,312 shares of SentinelOne stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.79, for a total transaction of $164,494.48. Following the transaction, the insider directly owned 948,046 shares in the company, valued at $18,761,830.34. This trade represents a 0.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Keenan Michael Conder also recently made the following trade(s):
- On Thursday, August 6th, Keenan Conder sold 26,374 shares of SentinelOne stock. The shares were sold at an average price of $20.08, for a total transaction of $529,589.92.
SentinelOne Price Performance
SentinelOne stock opened at $19.83 on Friday. The firm has a 50 day simple moving average of $20.09 and a 200-day simple moving average of $16.75. The stock has a market cap of $6.90 billion, a price-to-earnings ratio of -19.64 and a beta of 0.77. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $23.95.
Institutional Trading of SentinelOne
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Allied Private Wealth LLC purchased a new position in shares of SentinelOne in the second quarter valued at approximately $25,000. Allworth Financial LP increased its stake in 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 buying an additional 726 shares during the period. Danske Bank A S purchased a new stake in SentinelOne during the 3rd quarter worth approximately $26,000. EFG International AG acquired a new stake in SentinelOne during the 4th quarter worth approximately $41,000. Finally, Root Financial Partners LLC lifted its holdings in SentinelOne by 4,582.8% during the 1st quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock worth $56,000 after buying an additional 4,262 shares in the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on S shares. Stephens reiterated an “overweight” rating and set a $26.00 price target on shares of SentinelOne in a report on Friday, August 28th. Oppenheimer boosted their price objective on shares of SentinelOne from $21.00 to $27.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Barclays upped their target price on shares of SentinelOne from $22.00 to $23.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Wolfe Research set a $20.00 target price on shares of SentinelOne in a research note on Friday, May 29th. Finally, Wells Fargo & Company boosted their price target on shares of SentinelOne from $16.00 to $22.00 and gave the company an “equal weight” rating in a research note on Monday, August 17th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and a consensus price target of $23.50.
Read Our Latest Report on SentinelOne
About SentinelOne
SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered software for protecting enterprises, governments and other organizations from cyber threats. Its Singularity Platform is designed to secure endpoints, cloud workloads, identities and enterprise data while helping customers detect, investigate and respond to attacks.
The company’s offerings include endpoint protection and detection, cloud security, identity security, managed detection and response, and security operations tools.
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