Key Points
- CFO Barbara Larson sold 11,173 shares on Jan. 6 at an average price of $14.82 for about $165,584, leaving her with 539,372 shares (a 2.03% reduction in her position).
- SentinelOne beat quarterly estimates with EPS of $0.07 and revenue of $258.9M (up 22.9% YoY) but remains unprofitable (negative net margin ~43%), and the stock trades near $15 with a market cap around $5.2B.
- Wall Street has a consensus rating of "Moderate Buy" with an average target of $22.33, and institutional investors own roughly 90.9% of the shares.
SentinelOne, Inc. (NYSE:S - Get Free Report) CFO Barbara Larson sold 11,173 shares of the business's stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $14.82, for a total transaction of $165,583.86. Following the transaction, the chief financial officer owned 539,372 shares of the company's stock, valued at approximately $7,993,493.04. This trade represents a 2.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
SentinelOne Stock Down 1.5%
Shares of S opened at $15.30 on Friday. The company has a 50 day moving average of $15.74 and a two-hundred day moving average of $17.10. SentinelOne, Inc. has a twelve month low of $14.43 and a twelve month high of $25.24. The company has a market cap of $5.20 billion, a price-to-earnings ratio of -12.24 and a beta of 0.77.
SentinelOne (NYSE:S - Get Free Report) last issued its quarterly 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. The business had revenue of $258.91 million for the quarter, compared to the consensus estimate of $256.19 million. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The business's quarterly revenue was up 22.9% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.25) earnings per share. On average, sell-side analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on S shares. JMP Securities set a $23.00 price target on SentinelOne in a research note on Friday, December 5th. Guggenheim reissued a "buy" rating and set a $28.00 target price on shares of SentinelOne in a research report on Friday, December 5th. Cantor Fitzgerald decreased their price target on shares of SentinelOne from $24.00 to $22.00 and set an "overweight" rating for the company in a report on Monday, November 24th. Piper Sandler reiterated a "neutral" rating and set a $17.00 price objective (down from $20.00) on shares of SentinelOne in a research note on Sunday. Finally, Canaccord Genuity Group cut their target price on SentinelOne from $26.00 to $23.00 and set a "buy" rating on the stock in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $22.33.
Check Out Our Latest Analysis on SentinelOne
Hedge Funds Weigh In On SentinelOne
Hedge funds have recently bought and sold shares of the business. 180 Wealth Advisors LLC lifted its position in shares of SentinelOne by 50.3% during the 4th quarter. 180 Wealth Advisors LLC now owns 18,243 shares of the company's stock valued at $274,000 after buying an additional 6,108 shares in the last quarter. Teamwork Financial Advisors LLC lifted its holdings in SentinelOne by 17.7% during the fourth quarter. Teamwork Financial Advisors LLC now owns 128,449 shares of the company's stock valued at $1,927,000 after purchasing an additional 19,281 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of SentinelOne by 260.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 78,938 shares of the company's stock valued at $1,204,000 after purchasing an additional 57,010 shares during the period. NorthCrest Asset Manangement LLC purchased a new stake in shares of SentinelOne during the fourth quarter worth about $217,000. Finally, Green Alpha Advisors LLC raised its position in shares of SentinelOne by 9.0% during the 4th quarter. Green Alpha Advisors LLC now owns 46,257 shares of the company's stock worth $694,000 after purchasing an additional 3,834 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company's stock.
SentinelOne Company Profile
(
Get Free Report)
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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