Ric Smith Sells 10,624 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) insider Ric Smith sold 10,624 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $210,036.48. Following the transaction, the insider now directly owns 488,122 shares of the company’s stock, valued at $9,650,171.94. This trade represents a 2.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, March 18th, Ric Smith sold 31,659 shares of SentinelOne stock. The stock was sold at an average price of $19.10, for a total value of $604,686.90.
• On Thursday, March 6th, Ric Smith sold 20,188 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total value of $394,675.40.
• On Tuesday, February 25th, Ric Smith sold 14,584 shares of SentinelOne stock. The stock was sold at an average price of $20.96, for a total transaction of $305,680.64.
• On Thursday, February 6th, Ric Smith sold 2,341 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95.
• On Monday, January 27th, Ric Smith sold 14,583 shares of SentinelOne stock. The shares were sold at an average price of $23.29, for a total transaction of $339,638.07.

SentinelOne Stock Performance

SentinelOne stock opened at $18.84 on Friday. The firm’s 50 day moving average price is $21.71 and its two-hundred day moving average price is $23.71. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The firm has a market cap of $6.05 billion, a PE ratio of -20.04 and a beta of 0.78.

Wall Street Analyst Weigh In

Several research firms recently commented on S. Morgan Stanley initiated coverage on SentinelOne in a research report on Tuesday, March 18th. They issued an “equal weight” rating and a $20.00 target price on the stock. Citigroup cut their price objective on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Cantor Fitzgerald cut their target price on SentinelOne from $30.00 to $24.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Scotiabank decreased their target price on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating for the company in a research note on Thursday, March 13th. Finally, Barclays dropped their price target on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.33.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of S. Erste Asset Management GmbH acquired a new position in SentinelOne in the third quarter worth approximately $4,816,000. Charles Schwab Investment Management Inc. increased its stake in shares of SentinelOne by 55.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock worth $62,129,000 after purchasing an additional 921,572 shares during the last quarter. Carnegie Investment Counsel bought a new position in shares of SentinelOne during the 4th quarter valued at $7,167,000. Franklin Resources Inc. lifted its stake in shares of SentinelOne by 5.5% in the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company’s stock valued at $698,000 after purchasing an additional 1,366 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in SentinelOne by 74.8% in the fourth quarter. SG Americas Securities LLC now owns 57,142 shares of the company’s stock worth $1,269,000 after purchasing an additional 24,453 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

About SentinelOne

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.