SentinelOne, Inc. (NYSE:S) CEO Sells $1,425,434.88 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the business’s 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 sale, the chief executive officer now owns 1,039,497 shares of the company’s stock, valued at approximately $24,345,019.74. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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 Price Performance

Shares of S stock traded up $0.47 during trading hours on Wednesday, reaching $25.11. The stock had a trading volume of 4,448,255 shares, compared to its average volume of 5,387,354. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The firm has a 50-day simple moving average of $23.19 and a 200-day simple moving average of $21.67. The firm has a market capitalization of $7.86 billion, a PE ratio of -24.17 and a beta of 0.67.

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

Hedge Funds Weigh In On SentinelOne

Several large investors have recently bought and sold shares of S. Massachusetts Financial Services Co. MA acquired a new position in SentinelOne during the 2nd quarter valued at about $36,237,000. Vanguard Group Inc. increased its stake in SentinelOne by 7.2% during the 1st quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock valued at $586,456,000 after buying an additional 1,694,407 shares during the period. Eminence Capital LP increased its stake in SentinelOne by 24.2% during the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after buying an additional 1,337,145 shares during the period. AXA S.A. bought a new position in shares of SentinelOne during the 2nd quarter valued at about $20,082,000. Finally, Sylebra Capital LLC boosted its position in shares of SentinelOne by 15.9% during the 1st quarter. Sylebra Capital LLC now owns 6,122,877 shares of the company’s stock valued at $142,724,000 after purchasing an additional 838,818 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on S. Barclays increased their price objective on shares of SentinelOne from $26.00 to $28.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 28th. Westpark Capital reiterated a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research note on Monday, August 26th. Citigroup increased their price objective on shares of SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, August 28th. Scotiabank increased their price objective on shares of SentinelOne from $18.00 to $25.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 28th. Finally, Wedbush increased their price objective on shares of SentinelOne from $20.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday, August 26th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and an average price target of $27.83.

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.