SentinelOne (NYSE:S) Insider Keenan Michael Conder Sells 4,237 Shares

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 4,237 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $13.15, for a total transaction of $55,716.55. Following the transaction, the insider directly owned 562,362 shares in the company, valued at $7,395,060.30. The trade was a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, December 8th, Keenan Michael Conder sold 8,311 shares of SentinelOne stock. The stock was sold at an average price of $14.58, for a total value of $121,174.38.

SentinelOne Stock Performance

Shares of NYSE S opened at $13.22 on Friday. The business’s 50-day simple moving average is $14.73 and its 200-day simple moving average is $16.52. SentinelOne, Inc. has a 52 week low of $12.64 and a 52 week high of $25.24. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of -10.58 and a beta of 0.77.

SentinelOne (NYSE:S) last announced its 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. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The firm had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter in the prior year, the business earned ($0.25) earnings per share. The company’s revenue was up 22.9% on a year-over-year basis. As a group, equities research analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Institutional Investors Weigh In On SentinelOne

A number of hedge funds and other institutional investors have recently made changes to their positions in S. JPMorgan Chase & Co. raised its holdings in SentinelOne by 37.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,104,931 shares of the company’s stock valued at $56,758,000 after acquiring an additional 853,508 shares in the last quarter. Stephens Investment Management Group LLC increased its position in shares of SentinelOne by 22.3% in the third quarter. Stephens Investment Management Group LLC now owns 2,399,643 shares of the company’s stock worth $42,258,000 after purchasing an additional 437,724 shares during the period. M & L Capital Management Ltd acquired a new position in SentinelOne in the third quarter valued at about $1,338,000. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in SentinelOne by 40.1% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 294,681 shares of the company’s stock worth $5,387,000 after purchasing an additional 84,308 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in SentinelOne during the second quarter worth about $4,771,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

S has been the subject of a number of recent analyst reports. The Goldman Sachs Group decreased their price target on shares of SentinelOne from $19.00 to $16.50 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Guggenheim restated a “buy” rating and set a $28.00 target price on shares of SentinelOne in a research note on Friday, December 5th. Canaccord Genuity Group dropped their price target on SentinelOne from $26.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday, December 5th. Citigroup cut their price target on SentinelOne from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Finally, DA Davidson lowered their price objective on shares of SentinelOne from $19.00 to $16.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, SentinelOne currently has an average rating of “Moderate Buy” and an average target price of $21.72.

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.