SentinelOne, Inc. (NYSE:S) CEO Sells $1,250,146.56 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $20.54, for a total value of $1,250,146.56. Following the sale, the chief executive officer now owns 1,119,312 shares in the company, valued at $22,990,668.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 value of $1,328,661.12.
• On Thursday, June 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $18.25, for a total value of $1,110,768.00.
• On Tuesday, June 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $17.40, for a total value of $1,428,818.40.
• On Thursday, June 6th, Tomer Weingarten sold 38,607 shares of SentinelOne stock. The shares were sold at an average price of $17.30, for a total value of $667,901.10.
• On Monday, May 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $21.54, for a total value of $1,311,010.56.
• On Thursday, May 9th, Tomer Weingarten sold 91,914 shares of SentinelOne stock. The shares were sold at an average price of $21.14, for a total value of $1,943,061.96.
• On Monday, May 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The shares were sold at an average price of $21.26, for a total value of $216,107.90.

SentinelOne Price Performance

Shares of S traded up $1.58 during trading hours on Friday, hitting $21.72. The stock had a trading volume of 15,636,478 shares, compared to its average volume of 5,462,098. SentinelOne, Inc. has a 12 month low of $13.87 and a 12 month high of $30.76. The firm has a market capitalization of $6.80 billion, a PE ratio of -20.93 and a beta of 0.66. The stock has a fifty day moving average price of $19.88 and a 200 day moving average price of $23.04.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, May 30th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.18). SentinelOne had a negative net margin of 44.79% and a negative return on equity of 16.48%. The company had revenue of $186.36 million for the quarter, compared to the consensus estimate of $181.11 million. During the same period in the prior year, the firm posted ($0.35) EPS. The business’s revenue for the quarter was up 39.7% on a year-over-year basis. As a group, analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

Institutional Trading of SentinelOne

Several hedge funds have recently bought and sold shares of the stock. Evoke Wealth LLC grew its holdings in SentinelOne by 0.3% during the fourth quarter. Evoke Wealth LLC now owns 141,557 shares of the company’s stock valued at $3,884,000 after purchasing an additional 378 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in SentinelOne by 3.1% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 17,330 shares of the company’s stock valued at $476,000 after purchasing an additional 519 shares during the period. Sugarloaf Wealth Management LLC grew its holdings in SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after purchasing an additional 700 shares during the period. Advisors Asset Management Inc. grew its holdings in SentinelOne by 19.3% during the first quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock valued at $107,000 after purchasing an additional 743 shares during the period. Finally, Archford Capital Strategies LLC grew its holdings in SentinelOne by 1.8% during the second quarter. Archford Capital Strategies LLC now owns 45,861 shares of the company’s stock valued at $965,000 after purchasing an additional 790 shares during the period. Institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Robert W. Baird assumed coverage on SentinelOne in a research note on Monday. They set an “outperform” rating and a $25.00 price objective for the company. BTIG Research lowered their price objective on SentinelOne from $30.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, May 31st. Loop Capital decreased their price target on SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 31st. Barclays decreased their price target on SentinelOne from $27.00 to $22.00 and set an “equal weight” rating for the company in a research note on Friday, May 31st. Finally, Westpark Capital decreased their price target on SentinelOne from $40.00 to $34.00 and set a “buy” rating for the company in a research note on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $24.87.

About SentinelOne

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.