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

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 value of $1,425,434.88. Following the completion of the transaction, the chief executive officer now owns 1,039,497 shares in the company, valued at $24,345,019.74. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $21.60, for a total value 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 value 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 value 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 value of $1,288,490.88.
• On Tuesday, August 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was 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 stock was 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 stock was sold at an average price of $21.83, for a total transaction of $1,328,661.12.

SentinelOne Trading Up 3.0 %

Shares of NYSE:S opened at $25.86 on Friday. The stock has a market capitalization of $8.20 billion, a P/E ratio of -25.35 and a beta of 0.67. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The business has a 50-day moving average price of $23.32 and a two-hundred day moving average price of $21.72.

SentinelOne (NYSE:S) last announced 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 during the quarter, compared to analysts’ expectations of $197.32 million. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. SentinelOne’s revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.26) EPS. As a group, equities analysts predict that SentinelOne, Inc. will post -0.73 EPS for the current year.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of SentinelOne by 7.2% in the 1st quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock valued at $586,456,000 after acquiring an additional 1,694,407 shares during the last quarter. Eminence Capital LP grew its position in shares of SentinelOne by 24.2% in the 2nd 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 during the period. Sylebra Capital LLC grew its position in shares of SentinelOne by 10.5% in the 2nd quarter. Sylebra Capital LLC now owns 6,765,974 shares of the company’s stock valued at $142,424,000 after purchasing an additional 643,097 shares during the period. Dimensional Fund Advisors LP grew its position in shares of SentinelOne by 19.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company’s stock valued at $77,299,000 after purchasing an additional 590,628 shares during the period. Finally, Clearbridge Investments LLC grew its position in shares of SentinelOne by 0.8% in the 2nd quarter. Clearbridge Investments LLC now owns 2,630,615 shares of the company’s stock valued at $55,374,000 after purchasing an additional 20,600 shares during the period. 90.87% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on S shares. JMP Securities reaffirmed a “market outperform” rating and set a $33.00 target price on shares of SentinelOne in a research report on Wednesday, August 28th. BTIG Research lifted their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Guggenheim reiterated a “buy” rating and set a $23.00 price target on shares of SentinelOne in a research note on Tuesday, June 25th. JPMorgan Chase & Co. lifted their price target on shares of SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, August 23rd. Finally, Baird R W upgraded shares of SentinelOne to a “strong-buy” rating in a research note on Monday, July 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.83.

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.