Keenan Michael Conder Sells 8,311 Shares of SentinelOne (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 8,311 shares of SentinelOne stock in a transaction on Monday, December 8th. The shares were sold at an average price of $14.58, for a total value of $121,174.38. Following the transaction, the insider owned 565,225 shares in the company, valued at $8,240,980.50. This represents a 1.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Keenan Michael Conder also recently made the following trade(s):

• On Thursday, November 6th, Keenan Michael Conder sold 5,871 shares of SentinelOne stock. The stock was sold at an average price of $16.56, for a total value of $97,223.76.

SentinelOne Trading Up 2.9%

NYSE S traded up $0.43 during trading on Wednesday, reaching $15.27. 16,982,234 shares of the company’s stock were exchanged, compared to its average volume of 6,110,296. SentinelOne, Inc. has a fifty-two week low of $14.48 and a fifty-two week high of $25.24. The company’s fifty day simple moving average is $16.81 and its 200-day simple moving average is $17.57. The firm has a market capitalization of $5.10 billion, a PE ratio of -12.22 and a beta of 0.76.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $258.91 million during the quarter, compared to analyst estimates of $256.19 million. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The firm’s revenue was up 22.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.25) earnings per share. Equities analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Allworth Financial LP boosted 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 acquiring an additional 726 shares in the last quarter. Strategic Advocates LLC acquired a new stake in SentinelOne in the 3rd quarter worth approximately $26,000. Danske Bank A S acquired a new stake in SentinelOne in the 3rd quarter worth approximately $26,000. Atlantic Union Bankshares Corp bought a new stake in SentinelOne during the second quarter worth approximately $29,000. Finally, MAI Capital Management grew its holdings in SentinelOne by 121.2% during the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock valued at $32,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Robert W. Baird lifted their target price on shares of SentinelOne from $21.00 to $23.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. DA Davidson reduced their price objective on SentinelOne from $19.00 to $16.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. Weiss Ratings restated a “sell (d-)” rating on shares of SentinelOne in a research note on Monday. Bank of America cut their price target on SentinelOne from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Finally, JMP Securities set a $23.00 price target on SentinelOne in a report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.43.

SentinelOne Company Profile

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.