SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello Sells 6,378 Shares

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 6,378 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $124,689.90. Following the transaction, the chief accounting officer now owns 230,685 shares in the company, valued at approximately $4,509,891.75. This represents a 2.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

SentinelOne Stock Performance

Shares of S opened at $19.84 on Monday. The company has a 50-day simple moving average of $22.65 and a 200-day simple moving average of $24.19. The firm has a market capitalization of $6.37 billion, a P/E ratio of -21.10 and a beta of 0.78. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Needham & Company LLC restated a “buy” rating and set a $32.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Guggenheim restated a “buy” rating and set a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Susquehanna boosted their price target on shares of SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. Sanford C. Bernstein decreased their price objective on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Finally, Oppenheimer assumed coverage on shares of SentinelOne in a report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective for the company. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.48.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. KBC Group NV raised its position in shares of SentinelOne by 778.0% during the third quarter. KBC Group NV now owns 65,455 shares of the company’s stock valued at $1,566,000 after buying an additional 58,000 shares during the last quarter. Erste Asset Management GmbH acquired a new position in shares of SentinelOne during the third quarter valued at about $4,816,000. Charles Schwab Investment Management Inc. raised its position in shares of SentinelOne by 55.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock valued at $62,129,000 after buying an additional 921,572 shares during the last quarter. Carnegie Investment Counsel acquired a new position in shares of SentinelOne during the fourth quarter valued at about $7,167,000. Finally, Banco Santander S.A. acquired a new position in SentinelOne in the third quarter worth about $5,002,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.