SentinelOne chief legal officer sells $100k in shares

Published 08/08/2025, 09:34
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SentinelOne , Inc. (NYSE:S) NASDAQ:S Chief Legal Officer, Keenan Michael Conder, sold 5,827 shares of Class A Common Stock on August 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $17.31, totaling $100,865. The cybersecurity company, currently valued at $5.5 billion, has maintained strong liquidity with a current ratio of 1.75 and holds more cash than debt on its balance sheet, according to InvestingPro data.

Following the transaction, Conder directly owns 590,505 shares of SentinelOne, Inc. It was reported that certain shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met. The stock has experienced significant pressure, declining over 30% in the past six months, though InvestingPro analysis suggests the shares are currently undervalued. While not yet profitable, analysts predict the company will achieve profitability this year.

The sale was mandated by SentinelOne, Inc. to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units. The filing indicates this was not a discretionary trade by Conder.

In other recent news, SentinelOne has made several significant announcements. The company has partnered with Abstract Security to integrate Abstract’s security data pipeline with SentinelOne’s Singularity Platform, aiming to enhance threat detection and response capabilities. This partnership intends to address the challenge of identifying genuine threats amid large volumes of security data. Additionally, SentinelOne’s AI security solutions, including Singularity Cloud Security and Singularity AI SIEM, are now available in the AWS Marketplace, allowing AWS customers to easily discover and deploy these solutions. SentinelOne has also become a launch partner for the new AWS Security Hub, which offers a consolidated view of security status for organizations.

On the financial front, Rosenblatt Securities initiated coverage on SentinelOne with a Buy rating and a price target of $24, citing the company as significantly undervalued. Similarly, Cantor Fitzgerald reiterated an Overweight rating with the same price target, maintaining a positive outlook on the company. Both analyst firms suggest that SentinelOne is trading at a discount compared to its peers, highlighting its position as a leader in AI-driven cybersecurity. These developments reflect the ongoing interest and strategic moves within SentinelOne to strengthen its market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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