The president of SentinelOne sells $331,815 worth of stock Via Investing.com

Ric Smith, President of Product, Technology and Operations at SentinelOne Inc. (NYNYSE:E:S), has made notable investments in corporate assets. On December 26, 2024, Smith sold 14,583 shares of Class A Common Stock at a weighted price of $22.7536, totaling $331,815. The sale was made under a Rule 10b5-1 business plan, which was adopted earlier in the year.

In addition, Smith received 14,583 shares of Class A Common Stock by converting to Class B stock, and the shares are priced at $9.74 each, for a total of $142,038. After these transactions, Smith owns 531,459 shares of SentinelOne.

In other recent news, financial firms are changing their minds about cybersecurity company SentinelOne. Bernstein maintained an Outperform rating on the stock, although he lowered the price target to $30 from $32. The change came after SentinelOne’s financial results for the third quarter of 2025, which revealed revenue exceeding expectations by $1.1 million. The company also increased its full-year revenue forecast by $3 million and stated guidance for the fourth quarter of fiscal 2025 by approximately $2 million.

Meanwhile, KeyBanc maintained its Overweight rating on SentinelOne shares, based on the company’s latest earnings report that showed annual revenue growth of $3 million and guidance less for its fourth-quarter earnings. Scotiabank (TSX 🙂 increased the price target to $26 from $25 while maintaining a Sector Perform rating, following SentinelOne’s announcement of new Annual Revenue growth in the fiscal third quarter.

In related news, analysts at Piper Sandler have released data on the technology sector’s share of the CIO 2025 Survey, which reveals a strong outlook for IT spending. Microsoft (NASDAQ:), with its impressive market capitalization of $3.25 trillion and 16.44% revenue growth over the past twelve months, continues to demonstrate strong leadership in the market. The company reported a 16% year-on-year increase in Q1 FY2025 revenue, reaching $65.6 billion. The company’s cloud service, Microsoft Cloud, also reported strong performance, with revenue exceeding $38.9 billion, marking a 22% increase from last year.

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