Tomer Weingarten Sells 39,477 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 39,477 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $771,775.35. Following the completion of the sale, the chief executive officer now owns 900,249 shares of the company’s stock, valued at approximately $17,599,867.95. This trade represents a 4.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Tomer Weingarten also recently made the following trade(s):

• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24.
• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total transaction of $243,763.10.
• On Tuesday, January 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28.
• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.74, for a total transaction of $1,444,911.36.
• On Wednesday, December 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $23.61, for a total value of $1,938,758.76.

SentinelOne Trading Down 0.3 %

Shares of NYSE S opened at $19.84 on Friday. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78. The firm has a 50 day moving average of $22.65 and a 200 day moving average of $24.19.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same period in the previous year, the firm earned ($0.21) EPS. The company’s revenue was up 28.3% on a year-over-year basis. Sell-side analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analyst Ratings Changes

S has been the subject of a number of analyst reports. Citigroup decreased their target price on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. JPMorgan Chase & Co. raised their price objective on SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, November 29th. Deutsche Bank Aktiengesellschaft raised SentinelOne from a “hold” rating to a “buy” rating and boosted their target price for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. Needham & Company LLC restated a “buy” rating and set a $32.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Finally, Oppenheimer began coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $29.48.

Hedge Funds Weigh In On SentinelOne

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Guggenheim Capital LLC boosted its position in shares of SentinelOne by 1.4% in the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company’s stock worth $764,000 after purchasing an additional 478 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after buying an additional 556 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC lifted its stake in shares of SentinelOne by 4.6% during the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company’s stock valued at $365,000 after buying an additional 724 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in SentinelOne by 4.0% in the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock worth $553,000 after buying an additional 898 shares during the period. Finally, Bullseye Asset Management LLC increased its stake in SentinelOne by 1.5% in the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock worth $1,605,000 after buying an additional 1,000 shares in the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.