SentinelOne Inc. [S] Chief Legal Officer & Sec’y makes an insider purchase of 1,724 shares worth 43790.0.

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SentinelOne Inc. shares valued at $43,790 were sold by Conder Keenan Michael on Sep 06. At $25.40 per share, Conder Keenan Michael sold 1,724 shares. The insider’s holdings dropped to 157,861 shares worth approximately $4.22 million following the completion of this transaction.


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Also, Bernhardt David J. sold 3,315 shares, netting a total of over 87,682 in proceeds. Following the sale of shares at $26.45 each, the insider now holds 100,732 shares.

Before that, Warner Nicholas had sold 5,560 shares from its account. In a trade valued at $147,062, the President, Security traded SentinelOne Inc. shares for $26.45 each. Upon closing the transaction, the insider’s holdings decreased to 5,560 shares, worth approximately $5.07 million.

Analysts at Barclays downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in late March. Earlier on February 18, 2022, DA Davidson initiated its rating. Their recommendation was “a Buy” for S stock.

Analyzing S’s Price Performance

On Wednesday, SentinelOne Inc. [NYSE: S] plunged -0.78% to $26.74. The stock’s lowest price that day was $26.60, but it reached a high of $27.945 in the same session. During the last five days, there has been a drop of approximately -4.53%. Over the course of the year, SentinelOne Inc. shares have dropped approximately -47.04%. Shares of the company reached a 52-week high of $52.29 on 01/03/22 and a 52-week low of $18.64 on 05/12/22. A 50-day SMA is recorded $26.48, while a 200-day SMA reached $33.60. Nevertheless, trading volume fell to 1.99 million shares from 1.52 million shares the previous day.

Support And Resistance Levels for SentinelOne Inc. (S)

According to the 24-hour chart, there is a support level at 26.25, which, if violated, would cause prices to drop to 25.75. In the upper region, resistance lies at 27.59. The next price resistance is at 28.44. RSI (Relative Strength Index) is 48.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.13, which suggests the price will decrease in the coming days. Percent R is at 46.23%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is SentinelOne Inc. subject to short interest?

Stocks of SentinelOne Inc. saw a sharp rise in short interest on Jul 14, 2022 jumping by 3.14 million shares to 13.62 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 10.48 million shares. A jump of 23.05% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.8 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.8.

Which companies own the most shares of SentinelOne Inc. (S)?

According to T. Rowe Price Associates, Inc. filings, the company currently owns 27,110,040 shares, which is about 13.61% of the total S shares outstanding. The investor’s shares have appreciated by 1,751,920 from its previous 13-F filing of 25358120.0 shares. With the completion of the buy transaction, The Vanguard Group, Inc.’s stake is now worth $455,612,675. Tiger Global Management LLC acquire a 69.39% interest valued at $273.39 million while Anchorage Capital Group LLC 0 stake. In its current portfolio, Capital Research & Management Co holds 6,692,881 shares valued at $182.78 million.

In terms of SentinelOne Inc. share price expectations, FactSet research, analysts set an average price target of $37.78 in the next 12 months, up nearly 35.44% from the previous closing price of $26.95. Analysts anticipate SentinelOne Inc. stock to reach $54.00 by 2022, with the lowest price target being $28.00. In spite of this, 18 analysts ranked SentinelOne Inc. stock as a Buy at the end of 2022. On January 31, 2022, Wolfe Research assigned a price target of “an Outperform” to the stock and initiated coverage with a $52.

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