SentinelOne, Inc. (NYSE:S – Get Free Report) insider Keenan Conder sold 8,312 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $19.79, for a total transaction of $164,494.48. Following the completion of the transaction, the insider owned 948,046 shares of the company’s stock, valued at approximately $18,761,830.34. This trade represents a 0.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Thursday, August 6th, Keenan Conder sold 26,374 shares of SentinelOne stock. The shares were sold at an average price of $20.08, for a total value of $529,589.92.
SentinelOne Trading Up 0.1%
NYSE:S traded up $0.03 during midday trading on Wednesday, reaching $19.46. The company had a trading volume of 3,863,583 shares, compared to its average volume of 8,134,561. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of -19.26 and a beta of 0.77. The stock’s fifty day simple moving average is $20.00 and its 200-day simple moving average is $16.68. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $23.95.
Hedge Funds Weigh In On SentinelOne
A number of institutional investors and hedge funds have recently added to or reduced their stakes in S. First Trust Advisors LP lifted its position in shares of SentinelOne by 38.1% during the 4th quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock worth $197,202,000 after buying an additional 3,624,707 shares during the last quarter. Legal & General Group Plc grew its position in shares of SentinelOne by 4.2% in the 4th quarter. Legal & General Group Plc now owns 8,551,878 shares of the company’s stock valued at $128,278,000 after buying an additional 346,014 shares during the last quarter. AQR Capital Management LLC raised its stake in SentinelOne by 93.4% during the 4th quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock worth $123,182,000 after acquiring an additional 3,965,519 shares in the last quarter. California State Teachers Retirement System raised its stake in SentinelOne by 1,616.3% during the 2nd quarter. California State Teachers Retirement System now owns 6,147,399 shares of the company’s stock worth $104,321,000 after acquiring an additional 5,789,226 shares in the last quarter. Finally, State Street Corp lifted its position in SentinelOne by 2.0% in the fourth quarter. State Street Corp now owns 5,709,330 shares of the company’s stock valued at $85,640,000 after acquiring an additional 110,834 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
S has been the topic of several analyst reports. TD Cowen raised their target price on shares of SentinelOne from $25.00 to $26.00 and gave the company a “buy” rating in a report on Friday, August 28th. Stephens reiterated an “overweight” rating and set a $26.00 price target on shares of SentinelOne in a report on Friday, August 28th. Citizens Jmp increased their price objective on shares of SentinelOne from $23.00 to $25.00 and gave the company a “market outperform” rating in a research report on Friday, August 28th. Barclays raised their price objective on shares of SentinelOne from $22.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Finally, Sanford C. Bernstein lifted their price objective on shares of SentinelOne from $19.00 to $21.00 and gave the stock an “outperform” rating in a research report on Friday, August 28th. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.33.
View Our Latest Stock Report on SentinelOne
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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