Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells $243,763.10 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 10,178 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total value of $243,763.10. Following the completion of the sale, the chief executive officer now owns 949,504 shares of the company’s stock, valued at approximately $22,740,620.80. This represents a 1.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Tuesday, January 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $22.52, for a total value of $1,370,657.28.
• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.74, for a total value of $1,444,911.36.
• On Wednesday, December 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $23.61, for a total transaction of $1,938,758.76.
• On Monday, November 11th, Tomer Weingarten sold 70,655 shares of SentinelOne stock. The stock was sold at an average price of $27.63, for a total transaction of $1,952,197.65.

SentinelOne Stock Performance

Shares of S opened at $23.93 on Monday. The company has a market cap of $7.69 billion, a price-to-earnings ratio of -25.45 and a beta of 0.75. The firm has a fifty day moving average of $23.41 and a 200-day moving average of $24.20. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The business’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period last year, the company earned ($0.21) earnings per share. Analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analyst Upgrades and Downgrades

S has been the topic of several analyst reports. Westpark Capital reaffirmed a “buy” rating and set a $34.00 price target on shares of SentinelOne in a research note on Tuesday, December 3rd. Oppenheimer started coverage on SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price on the stock. Barclays reduced their price target on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. Sanford C. Bernstein dropped their price objective on SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Finally, Scotiabank increased their target price on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and an average target price of $29.56.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently bought and sold shares of the stock. Waldron Private Wealth LLC bought a new position in SentinelOne during the third quarter valued at about $26,000. Smartleaf Asset Management LLC grew its stake in shares of SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 556 shares during the last quarter. Avion Wealth acquired a new position in shares of SentinelOne in the 4th quarter worth approximately $28,000. Crewe Advisors LLC bought a new stake in SentinelOne during the fourth quarter worth approximately $33,000. Finally, Arlington Trust Co LLC acquired a new position in SentinelOne in the fourth quarter worth approximately $33,000. 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.