SentinelOne (NYSE:S) CEO Tomer Weingarten Sells 38,759 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 38,759 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.79, for a total transaction of $767,040.61. Following the sale, the chief executive officer owned 1,801,827 shares of the company’s stock, valued at $35,658,156.33. This trade represents a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Thursday, August 6th, Tomer Weingarten sold 53,811 shares of SentinelOne stock. The shares were sold at an average price of $20.08, for a total transaction of $1,080,524.88.
• On Friday, July 31st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were sold at an average price of $18.75, for a total transaction of $1,086,393.75.
• On Wednesday, July 1st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $17.71, for a total transaction of $1,026,135.11.
• On Monday, June 15th, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $15.21, for a total transaction of $881,282.61.
• On Thursday, June 11th, Tomer Weingarten sold 57,296 shares of SentinelOne stock. The stock was sold at an average price of $14.60, for a total transaction of $836,521.60.

SentinelOne Trading Up 0.1%

SentinelOne stock opened at $19.46 on Thursday. The business’s 50 day simple moving average is $20.00 and its 200 day simple moving average is $16.68. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $23.95. The company has a market cap of $6.77 billion, a price-to-earnings ratio of -19.26 and a beta of 0.77.

SentinelOne (NYSE:S) last released its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The business’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period last year, the business posted ($0.22) earnings per share. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, equities research analysts forecast that SentinelOne, Inc. will post -0.45 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its holdings in shares of SentinelOne by 1,616.3% in the second quarter. California State Teachers Retirement System now owns 6,147,399 shares of the company’s stock worth $104,321,000 after buying an additional 5,789,226 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of SentinelOne by 93.4% in the fourth quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock valued at $123,182,000 after acquiring an additional 3,965,519 shares during the period. Norges Bank purchased a new position in SentinelOne during the fourth quarter valued at approximately $54,770,000. First Trust Advisors LP grew its stake in SentinelOne by 38.1% during the fourth quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock valued at $197,202,000 after acquiring an additional 3,624,707 shares in the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor bought a new stake in SentinelOne during the 2nd quarter worth approximately $59,607,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on S shares. Deutsche Bank Aktiengesellschaft set a $24.00 price objective on SentinelOne in a research note on Monday, August 17th. The Goldman Sachs Group lifted their target price on shares of SentinelOne from $15.50 to $17.50 and gave the stock a “neutral” rating in a research note on Monday, August 31st. Susquehanna boosted their price target on shares of SentinelOne from $20.00 to $28.00 and gave the company a “positive” rating in a research report on Monday, August 31st. Scotiabank restated an “outperform” rating on shares of SentinelOne in a research note on Friday, August 28th. Finally, Barclays raised their price objective on shares of SentinelOne from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Friday, August 28th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $23.33.

About SentinelOne

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.