Trump to nominate CEA Chair Miran for Fed governor role
Ric Smith, President of Product Technology and Operations at SentinelOne , Inc. (NYSE:S), recently sold a portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Smith offloaded 20,188 shares of SentinelOne’s Class A common stock on March 6, 2025. The shares were sold at a weighted average price of approximately $19.55, resulting in a total transaction value of $394,703. The transaction comes as SentinelOne’s stock has experienced a challenging period, down nearly 27% over the past year, though InvestingPro data suggests the stock is currently trading near its Fair Value.
The sale was not a discretionary trade by Smith but rather a mandatory transaction to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units, as outlined in the company’s equity incentive plan. Following this sale, Smith retains direct ownership of 508,930 shares, some of which remain subject to forfeiture if certain vesting conditions are not met. While the company is not currently profitable, InvestingPro analysts project profitability this year, with earnings expected at $0.02 per share. Investors looking for deeper insights can access comprehensive analysis and 6 additional ProTips through InvestingPro, particularly valuable as the company approaches its earnings report on March 12.
In other recent news, SentinelOne Inc. has been the focus of several analyst updates and strategic developments. Bernstein reaffirmed its Outperform rating with a $30 price target, highlighting the importance of the upcoming fourth-quarter earnings report as a potential turning point for the company. Meanwhile, TD Cowen analysts maintained a Buy rating with a $35 price target, anticipating a revenue guide exceeding expectations and projecting mid-20s percentage growth in Annual Recurring Revenue for fiscal year 2026. Oppenheimer initiated coverage with an Outperform rating and a $32 price target, citing improved leadership and operational execution as key drivers for potential market share gains.
In contrast, UBS downgraded SentinelOne from Buy to Neutral, adjusting the price target to $25, citing waning optimism in growth catalysts for 2025 and competitive pressures in the endpoint security sector. Beyond analyst opinions, SentinelOne announced a collaboration with Obsidian Security, integrating Obsidian’s SaaS security solution into the SentinelOne Singularity Marketplace. This partnership aims to enhance enterprise security by offering comprehensive threat detection and response capabilities. These recent developments reflect a mix of optimism and caution among analysts and industry observers regarding SentinelOne’s future performance and strategic direction.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.