SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Michael Conder sold 8,401 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $15.70, for a total transaction of $131,895.70. Following the sale, the insider owned 982,732 shares of the company’s stock, valued at approximately $15,428,892.40. The trade was a 0.85% decrease in their position. The sale was disclosed in a legal filing 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 Wednesday, May 6th, Keenan Michael Conder sold 4,550 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total transaction of $71,207.50.
- On Wednesday, March 25th, Keenan Michael Conder sold 5,578 shares of SentinelOne stock. The stock was sold at an average price of $13.37, for a total transaction of $74,577.86.
SentinelOne Stock Down 3.0%
Shares of S stock opened at $14.78 on Thursday. The company has a 50 day moving average of $15.38 and a 200-day moving average of $14.72. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $21.40. The firm has a market cap of $5.07 billion, a P/E ratio of -15.39 and a beta of 0.83.
Analysts Set New Price Targets
S has been the subject of several analyst reports. Wells Fargo & Company raised their price objective on shares of SentinelOne from $14.00 to $16.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. Canaccord Genuity Group raised their price objective on shares of SentinelOne from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Jefferies Financial Group raised their price objective on shares of SentinelOne from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Sanford C. Bernstein set a $19.00 price objective on shares of SentinelOne and gave the stock an “outperform” rating in a report on Friday, March 13th. Finally, Piper Sandler cut their price objective on shares of SentinelOne from $17.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $19.67.
Institutional Trading of SentinelOne
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Daiwa Securities Group Inc. raised its position in shares of 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 buying an additional 692 shares in the last quarter. Allworth Financial LP raised its position in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 726 shares in the last quarter. Diversify Advisory Services LLC raised its position in shares of SentinelOne by 3.5% during the 4th quarter. Diversify Advisory Services LLC now owns 22,492 shares of the company’s stock valued at $313,000 after buying an additional 753 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of SentinelOne by 0.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company’s stock valued at $1,154,000 after buying an additional 784 shares in the last quarter. Finally, Main Management ETF Advisors LLC raised its position in shares of SentinelOne by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company’s stock valued at $1,233,000 after buying an additional 840 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.
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.
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