SentinelOne, Inc. (NYSE:S - Get Free Report) CAO Robin Tomasello sold 1,496 shares of the company's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $29,575.92. Following the completion of the sale, the chief accounting officer now directly owns 233,484 shares in the company, valued at $4,615,978.68. This trade represents a 0.64 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Robin Tomasello also recently made the following trade(s):
- On Thursday, March 6th, Robin Tomasello sold 6,378 shares of SentinelOne stock. The stock was sold at an average price of $19.55, for a total value of $124,689.90.
SentinelOne Trading Down 2.7 %
Shares of SentinelOne stock opened at $18.84 on Friday. The company has a fifty day moving average price of $21.71 and a 200 day moving average price of $23.71. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of -20.04 and a beta of 0.78.
Institutional Investors Weigh In On SentinelOne
Several institutional investors and hedge funds have recently modified their holdings of S. Smartleaf Asset Management LLC boosted its stake in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after purchasing an additional 556 shares during the period. Avion Wealth acquired a new position in SentinelOne in the 4th quarter worth $28,000. Crewe Advisors LLC acquired a new position in SentinelOne in the 4th quarter worth $33,000. Arlington Trust Co LLC acquired a new stake in shares of SentinelOne during the fourth quarter valued at about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of SentinelOne during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 90.87% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. Robert W. Baird dropped their price target on SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Barclays dropped their price objective on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 11th. JPMorgan Chase & Co. reduced their target price on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Citigroup lowered their price target on shares of SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a report on Friday, January 17th. Finally, Bank of America reduced their price objective on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $26.33.
Read Our Latest Stock Report on SentinelOne
SentinelOne Company Profile
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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.
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