Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells 60,864 Shares of Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction on Monday, October 7th. The shares were sold at an average price of $23.42, for a total transaction of $1,425,434.88. Following the completion of the transaction, the chief executive officer now owns 1,039,497 shares in the company, valued at approximately $24,345,019.74. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• On Wednesday, September 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $21.60, for a total transaction of $1,773,705.60.
• On Friday, September 6th, Tomer Weingarten sold 38,607 shares of SentinelOne stock. The shares were sold at an average price of $22.80, for a total transaction of $880,239.60.
• On Monday, August 12th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $21.47, for a total transaction of $1,306,750.08.
• On Thursday, August 8th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $21.17, for a total transaction of $1,288,490.88.
• On Tuesday, August 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The shares were sold at an average price of $20.56, for a total transaction of $208,992.40.
• On Thursday, July 18th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $20.54, for a total transaction of $1,250,146.56.
• On Tuesday, July 16th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $21.83, for a total transaction of $1,328,661.12.

SentinelOne Stock Up 1.9 %

Shares of NYSE:S traded up $0.47 during trading on Wednesday, reaching $25.11. The stock had a trading volume of 4,448,255 shares, compared to its average volume of 5,387,354. The business has a fifty day moving average price of $23.19 and a 200-day moving average price of $21.67. The stock has a market cap of $7.86 billion, a P/E ratio of -24.17 and a beta of 0.67. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The business had revenue of $198.94 million during the quarter, compared to analyst estimates of $197.32 million. During the same quarter in the previous year, the business posted ($0.26) earnings per share. The company’s revenue was up 33.1% on a year-over-year basis. As a group, equities analysts forecast that SentinelOne, Inc. will post -0.73 EPS for the current year.

Hedge Funds Weigh In On SentinelOne

Several institutional investors and hedge funds have recently bought and sold shares of S. Massachusetts Financial Services Co. MA acquired a new position in SentinelOne during the second quarter worth approximately $36,237,000. Vanguard Group Inc. grew its stake in SentinelOne by 7.2% during the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock worth $586,456,000 after buying an additional 1,694,407 shares during the period. Eminence Capital LP grew its stake in SentinelOne by 24.2% during the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock worth $144,282,000 after buying an additional 1,337,145 shares during the period. AXA S.A. purchased a new stake in SentinelOne during the second quarter worth approximately $20,082,000. Finally, Sylebra Capital LLC grew its stake in SentinelOne by 15.9% during the first quarter. Sylebra Capital LLC now owns 6,122,877 shares of the company’s stock worth $142,724,000 after buying an additional 838,818 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on S shares. Baird R W raised shares of SentinelOne to a “strong-buy” rating in a report on Monday, July 15th. Citigroup boosted their price objective on shares of SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, August 28th. JPMorgan Chase & Co. boosted their price objective on shares of SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, August 23rd. Wells Fargo & Company boosted their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. Finally, JMP Securities reissued a “market outperform” rating and set a $33.00 price objective on shares of SentinelOne in a report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.83.

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.