MOUNTAIN VIEW, Calif.—Ric Smith, President, Products, Technology, and Operations sentinel one Inc. (NYNYSE:E:S) recently executed a stock transaction involving the sale of 14,583 shares of its Class A common stock. The sale, which took place on October 25, 2024, was part of a pre-established trading plan pursuant to Rule 10b5-1 and resulted in gross proceeds of $383,296. The shares were sold at a weighted average price of $26.2838, within a range of $26.02 and $26.52.
In addition to the sale, Smith converted 14,583 shares of Class B common stock into Class A common stock at a price of $9.74. This conversion represented a non-derivative transaction and was added to Mr. Smith’s holdings of Class A common stock. After these transactions, Smith’s total direct ownership will total 585,647 shares of Class A common stock.
These transactions highlight Mr. Smith’s continued control over his shareholding in Sentinel One, a leading cybersecurity company headquartered in Mountain View, California.
In other recent news, cybersecurity company SentinelOne reported a 33% year-over-year increase in second-quarter revenue and a 32% increase in annual recurring revenue. The company has expanded its collaboration with Amazon (NASDAQ:) Web Services (AWS) to enhance its AI-driven security capabilities. SentinelOne also has a significant business agreement with Lenovo, which will preinstall SentinelOne’s base Control package on new PCs.
Multiple analysts have provided insight into these developments. TD Cowen maintains a Buy rating on SentinelOne with a price target of $35.00. DA Davidson maintained a Neutral rating and raised its price target to $25.00. Piper Sandler left SentinelOne with an “overweight” rating, highlighting the company’s AI advancements and new automation capabilities.
SentinelOne also announced the appointment of Barbara Larson as its new chief financial officer and received Federal Risk and Authorization Management Program (FedRAMP) high-impact level clearance for the Singularity Platform and Singularity Data Lake. These are some of the recent developments contributing to SentinelOne’s growth trajectory.
Investment Pro Insights
To provide additional context to Ric Smith’s recent stock trades, it is worth examining SentinelOne’s current financial position and market performance. According to InvestingPro data, SentinelOne has a market capitalization of $8.39 billion, reflecting its large presence in the cybersecurity space.
The company has shown strong revenue growth, increasing 38.04% over the past 12 months to reach $723.63 million as of Q2 2025. This strong growth trajectory is consistent with the expanding market in the cybersecurity industry and highlights SentinelOne’s competitive position.
According to InvestingPro Tips, SentinelOne has more cash than debt on its balance sheet, indicating solid financial fundamentals. This strong liquidity position is further supported by the fact that the company’s current assets exceed its short-term debt. These factors may give investors peace of mind regarding the company’s financial stability, especially considering the executive stock transaction.
Another notable InvestingPro tip highlights SentinelOne’s strong returns over the past three months, with the stock showing a total return of 15.39% over that period. This recent performance, coupled with the impressive return of 70.3% over the past year, suggests increased investor confidence in the company’s prospects.
It’s important to note that while SentinelOne currently hasn’t made a profit in the last twelve months, analysts expect the company to become profitable this year. This forecast can be an important factor influencing management decisions regarding stock ownership and transactions.
For readers interested in a more comprehensive analysis, InvestingPro provides additional tips and insights that provide a deeper understanding of SentinelOne’s financial health and market position.
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