SentinelOne, Inc. (NYSE:S) CEO Sells $266,831.25 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 10,165 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total value of $266,831.25. Following the completion of the transaction, the chief executive officer now directly owns 1,029,332 shares in the company, valued at approximately $27,019,965. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Wednesday, October 9th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20.
• On Monday, October 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $23.42, for a total transaction of $1,425,434.88.
• On Wednesday, September 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The stock was sold at an average price of $21.60, for a total value 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 value 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 value of $1,306,750.08.

SentinelOne Stock Performance

Shares of NYSE:S traded down $0.36 during trading on Friday, reaching $27.55. 3,415,395 shares of the stock were exchanged, compared to its average volume of 5,227,263. The firm’s 50-day moving average price is $24.61 and its 200 day moving average price is $22.29. The firm has a market cap of $8.74 billion, a price-to-earnings ratio of -29.29 and a beta of 0.65. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on S. Wedbush upgraded shares of SentinelOne to a “strong-buy” rating in a research note on Thursday, October 17th. Morgan Stanley boosted their price target on SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Needham & Company LLC started coverage on SentinelOne in a research note on Thursday, October 17th. They issued a “buy” rating and a $32.00 price objective for the company. Barclays boosted their target price on SentinelOne from $28.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 17th. Finally, Baird R W upgraded SentinelOne to a “strong-buy” rating in a research report on Monday, July 15th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and a consensus target price of $28.60.

Institutional Investors Weigh In On SentinelOne

Several institutional investors and hedge funds have recently modified their holdings of the stock. BI Asset Management Fondsmaeglerselskab A S acquired a new position in SentinelOne in the 1st quarter worth $80,000. GSA Capital Partners LLP increased its holdings in SentinelOne by 117.7% during the 1st quarter. GSA Capital Partners LLP now owns 35,700 shares of the company’s stock worth $832,000 after purchasing an additional 19,303 shares during the last quarter. Duality Advisers LP acquired a new position in shares of SentinelOne in the 1st quarter valued at approximately $1,355,000. SG Americas Securities LLC boosted its stake in shares of SentinelOne by 85.0% during the 1st quarter. SG Americas Securities LLC now owns 14,811 shares of the company’s stock valued at $345,000 after buying an additional 6,805 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in shares of SentinelOne by 10.7% during the first quarter. Oppenheimer & Co. Inc. now owns 25,871 shares of the company’s stock worth $603,000 after buying an additional 2,498 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

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.