SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Michael Conder sold 26,374 shares of the firm’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $20.08, for a total transaction of $529,589.92. Following the sale, the insider owned 956,358 shares in the company, valued at approximately $19,203,668.64. This trade represents a 2.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible 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 Monday, June 8th, Keenan Michael Conder sold 8,401 shares of SentinelOne stock. The stock was sold at an average price of $15.70, for a total transaction of $131,895.70.
SentinelOne Stock Performance
S traded up $0.60 during trading on Friday, reaching $21.36. The stock had a trading volume of 5,991,110 shares, compared to its average volume of 6,892,249. The stock has a market cap of $7.32 billion, a PE ratio of -22.25 and a beta of 0.79. SentinelOne, Inc. has a one year low of $11.81 and a one year high of $21.51. The business has a 50-day moving average of $17.46 and a 200-day moving average of $15.47.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in S. Woodline Partners LP bought a new stake in SentinelOne in the 1st quarter worth $382,000. Focus Partners Wealth purchased a new stake in shares of SentinelOne during the first quarter worth about $346,000. Prudential Financial Inc. boosted its holdings in shares of SentinelOne by 28.4% during the second quarter. Prudential Financial Inc. now owns 21,141 shares of the company’s stock worth $386,000 after purchasing an additional 4,680 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of SentinelOne by 540.3% in the second quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company’s stock worth $78,000 after purchasing an additional 3,593 shares during the last quarter. Finally, Amundi grew its stake in shares of SentinelOne by 7.9% in the second quarter. Amundi now owns 170,047 shares of the company’s stock worth $3,083,000 after purchasing an additional 12,495 shares during the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts have commented on S shares. Canaccord Genuity Group lifted their price target on shares of SentinelOne from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Oppenheimer upped their price objective on shares of SentinelOne from $18.00 to $21.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Wells Fargo & Company lifted their target price on shares of SentinelOne from $14.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Citigroup raised shares of SentinelOne from a “neutral” rating to a “buy” rating in a research note on Friday, May 29th. Finally, TD Cowen restated a “buy” rating on shares of SentinelOne in a research report on Friday, May 29th. Eighteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.93.
About SentinelOne
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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