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

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $19.17, for a total value of $1,166,762.88. Following the transaction, the chief executive officer now owns 920,297 shares of the company’s stock, valued at approximately $17,642,093.49. The trade was a 6.20 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, March 19th, Tomer Weingarten sold 81,619 shares of SentinelOne stock. The shares were sold at an average price of $19.59, for a total value of $1,598,916.21.
• On Thursday, March 6th, Tomer Weingarten sold 39,477 shares of SentinelOne stock. The stock was sold at an average price of $19.55, for a total value of $771,775.35.
• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The shares were sold at an average price of $24.22, for a total transaction of $1,710,949.24.
• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total transaction of $243,763.10.
• On Tuesday, January 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $22.52, for a total value of $1,370,657.28.

SentinelOne Trading Down 1.6 %

Shares of NYSE S opened at $19.86 on Thursday. The stock has a market capitalization of $6.38 billion, a PE ratio of -21.13 and a beta of 0.78. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The stock’s fifty day simple moving average is $21.83 and its two-hundred day simple moving average is $23.76.

Analyst Ratings Changes

Several equities analysts recently commented on S shares. Canaccord Genuity Group cut their price target on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Guggenheim reaffirmed a “buy” rating and set a $31.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Cantor Fitzgerald reduced their price target on SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Citigroup dropped their price objective on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Finally, Barclays cut their price objective on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $26.33.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors have recently added to or reduced their stakes in S. Smartleaf Asset Management LLC increased its position in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after buying an additional 556 shares in the last quarter. Avion Wealth purchased a new position in SentinelOne in the 4th quarter worth $28,000. Crewe Advisors LLC purchased a new position in SentinelOne in the 4th quarter worth $33,000. Arlington Trust Co LLC acquired a new stake in SentinelOne during the 4th quarter worth about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in SentinelOne during the 4th quarter valued at about $38,000. Institutional investors 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.