Tomer Weingarten Sells 23,063 Shares of SentinelOne (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 23,063 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $13.15, for a total value of $303,278.45. Following the completion of the transaction, the chief executive officer directly owned 1,122,545 shares in the company, valued at $14,761,466.75. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, January 6th, Tomer Weingarten sold 51,595 shares of SentinelOne stock. The shares were sold at an average price of $15.12, for a total transaction of $780,116.40.
• On Friday, January 2nd, Tomer Weingarten sold 6,346 shares of SentinelOne stock. The stock was sold at an average price of $15.04, for a total transaction of $95,443.84.
• On Thursday, December 11th, Tomer Weingarten sold 125,429 shares of SentinelOne stock. The stock was sold at an average price of $15.09, for a total transaction of $1,892,723.61.
• On Monday, December 8th, Tomer Weingarten sold 38,684 shares of SentinelOne stock. The shares were sold at an average price of $14.58, for a total transaction of $564,012.72.

SentinelOne Trading Up 2.2%

S stock traded up $0.29 during midday trading on Friday, reaching $13.22. 9,719,576 shares of the company’s stock traded hands, compared to its average volume of 8,417,990. SentinelOne, Inc. has a 52-week low of $12.64 and a 52-week high of $25.24. The stock has a market cap of $4.49 billion, a P/E ratio of -10.58 and a beta of 0.77. The stock’s 50-day moving average is $14.73 and its 200 day moving average is $16.52.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Thursday, December 4th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The firm had revenue of $258.91 million during the quarter, compared to the consensus estimate of $256.19 million. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The company’s revenue for the quarter was up 22.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.25) EPS. As a group, research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

S has been the topic of several recent research reports. Morgan Stanley decreased their price objective on SentinelOne from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Friday, December 5th. JPMorgan Chase & Co. reduced their target price on shares of SentinelOne from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $21.00 price target on shares of SentinelOne in a report on Friday, December 12th. Citizens Jmp dropped their price target on shares of SentinelOne from $29.00 to $23.00 and set a “market outperform” rating for the company in a research report on Friday, December 5th. Finally, Citigroup decreased their price objective on shares of SentinelOne from $20.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $21.72.

Institutional Investors Weigh In On SentinelOne

Institutional investors have recently added to or reduced their stakes in the stock. Caprock Group LLC raised its position in shares of SentinelOne by 2,275.2% during the fourth quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock valued at $116,242,000 after buying an additional 7,423,177 shares during the last quarter. Norges Bank purchased a new position in SentinelOne during the second quarter valued at $65,371,000. Diamond Hill Capital Management Inc. purchased a new position in SentinelOne during the fourth quarter valued at $35,781,000. Cooper Creek Partners Management LLC bought a new stake in SentinelOne in the 3rd quarter valued at $41,416,000. Finally, Vanguard Group Inc. lifted its stake in SentinelOne by 6.5% in the 3rd quarter. Vanguard Group Inc. now owns 36,012,413 shares of the company’s stock worth $634,179,000 after purchasing an additional 2,191,321 shares in the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.