Tomer Weingarten Sells 60,864 Shares of SentinelOne, Inc. (NYSE:S) Stock

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

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 Trading Up 3.0 %

S stock opened at $25.86 on Friday. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.76. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of -25.35 and a beta of 0.67. The firm’s 50-day moving average is $23.32 and its two-hundred day moving average is $21.72.

SentinelOne (NYSE:S) last released its quarterly earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. The company had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. SentinelOne’s revenue was up 33.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.26) EPS. On average, equities research analysts predict that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Analyst Ratings Changes

S has been the subject of several recent analyst reports. Wells Fargo & Company raised 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. Morgan Stanley lifted their price target on shares of SentinelOne from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th. BTIG Research lifted their price target on shares of SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, August 28th. Westpark Capital reaffirmed a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a report on Monday, August 26th. Finally, Susquehanna lifted their price target on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $27.83.

Hedge Funds Weigh In On SentinelOne

Hedge funds have recently made changes to their positions in the business. Sycomore Asset Management grew its stake in shares of SentinelOne by 40.4% in the 2nd quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock worth $5,537,000 after purchasing an additional 83,060 shares during the last quarter. Eminence Capital LP lifted its holdings in shares of SentinelOne by 24.2% in the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after purchasing an additional 1,337,145 shares in the last quarter. Andar Capital Management HK Ltd acquired a new stake in SentinelOne during the 2nd quarter worth about $4,736,000. Hood River Capital Management LLC purchased a new position in SentinelOne during the 2nd quarter valued at about $4,060,000. Finally, Lord Abbett & CO. LLC increased its holdings in shares of SentinelOne by 25.5% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,844,954 shares of the company’s stock valued at $43,006,000 after purchasing an additional 375,275 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.