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SentinelOne President Sells $331,815 in Investing.com Stock - current-scope.com
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SentinelOne President Sells $331,815 in Investing.com Stock


Ric Smith, president of product, technology and operations at SentinelOne Inc. (NYNYSE:E:S) has made significant transactions in the company’s shares. On December 26, 2024, Smith sold 14,583 shares of Class A common stock at a weighted average price of $22.7536, for a total value of approximately $331,815. This sale was conducted pursuant to a Rule 10b5-1 trading plan adopted earlier this year.

In addition, Smith acquired 14,583 shares of Class A common stock through the conversion of shares of Class B common stock at a price of $9.74 each, for a total value of $142,038. Following these transactions, Smith holds 531,459 shares of SentinelOne stock.

In other recent news, financial firms have adjusted their outlook for cybersecurity firm SentinelOne. Bernstein maintained an Outperform rating on the stock, although the price target was lowered to $30 from $32. This adjustment came after SentinelOne’s fiscal third quarter 2025 results, which showed revenue beat expectations by $1.1 million. The company also increased its full-year revenue forecast by $3 million and its implied fiscal fourth-quarter 2025 forecast by nearly $2 million.

Meanwhile, KeyBanc maintained its Sector Weight rating on SentinelOne shares after the company reported a modest $3 million increase in annual recurring revenue and a slight increase in guidance for fiscal fourth-quarter revenue in its most recent earnings report had. Scotiabank (TSX:) increased its price target to $26 from $25 while maintaining a Sector Perform rating after SentinelOne announced new annual recurring revenue growth in its fiscal third quarter.

In related news, analysts at Piper Sandler released insights into tech stocks following the 2025 CIO Survey, revealing a strong outlook for IT spending. Microsoft (NASDAQ:) continues to demonstrate strong market leadership with its impressive market cap of $3.25 trillion and revenue growth of 16.44% over the last twelve months. The company reported a 16% year-over-year increase in revenue to $65.6 billion in the first quarter of fiscal 2025. The company’s cloud unit, Microsoft Cloud, also reported solid performance, with revenue topping $38.9 billion, up 22% year over year.

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