Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells $1,539,859.20 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20. Following the completion of the sale, the chief executive officer now directly owns 1,039,497 shares in the company, valued at approximately $26,299,274.10. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Monday, October 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $23.42, for a total transaction of $1,425,434.88.
• 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 Down 0.5 %

S stock opened at $25.71 on Monday. The company has a market cap of $8.16 billion, a P/E ratio of -27.64 and a beta of 0.67. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.76. The company’s 50-day moving average price is $23.41 and its 200 day moving average price is $21.73.

SentinelOne (NYSE:S) last released its quarterly earnings data 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 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%. The firm’s revenue was up 33.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.26) earnings per share. On average, equities research analysts expect that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Westpark Capital reaffirmed a “buy” rating and issued a $34.00 target price on shares of SentinelOne in a research report on Monday, August 26th. Robert W. Baird increased their price target on shares of SentinelOne from $25.00 to $29.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. Citigroup increased their price target on shares of SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. Needham & Company LLC increased their price target on shares of SentinelOne from $25.00 to $29.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. Finally, Baird R W upgraded shares of SentinelOne to a “strong-buy” rating in a research note on Monday, July 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, SentinelOne has a consensus rating of “Moderate Buy” and a consensus price target of $27.83.

Hedge Funds Weigh In On SentinelOne

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sycomore Asset Management raised its position in SentinelOne by 40.4% during the second quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock worth $5,537,000 after acquiring an additional 83,060 shares during the last quarter. Eminence Capital LP raised its position 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 buying an additional 1,337,145 shares during the last quarter. Andar Capital Management HK Ltd acquired a new position in shares of SentinelOne in the second quarter valued at approximately $4,736,000. Hood River Capital Management LLC acquired a new position in shares of SentinelOne in the second quarter valued at approximately $4,060,000. Finally, Lord Abbett & CO. LLC raised its position in shares of SentinelOne by 25.5% in the first quarter. Lord Abbett & CO. LLC now owns 1,844,954 shares of the company’s stock valued at $43,006,000 after buying an additional 375,275 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Company Profile

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.