SentinelOne, Inc. (NYSE:S) CEO Sells $399,077.22 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 20,186 shares of the firm’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $399,077.22. Following the completion of the sale, the chief executive officer now directly owns 900,111 shares in the company, valued at approximately $17,795,194.47. This trade represents a 2.19 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Friday, March 21st, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $19.17, for a total value of $1,166,762.88.
• 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 transaction 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 transaction of $771,775.35.
• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The stock was sold at an average price of $24.22, for a total value 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 stock was sold at an average price of $22.52, for a total value of $1,370,657.28.

SentinelOne Stock Performance

S stock opened at $18.84 on Friday. The stock has a 50-day simple moving average of $21.71 and a 200-day simple moving average of $23.71. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29. The firm has a market cap of $6.05 billion, a P/E ratio of -20.04 and a beta of 0.78.

Wall Street Analyst Weigh In

S has been the subject of a number of research analyst reports. Piper Sandler reduced their target price on SentinelOne from $32.00 to $28.00 and set an “overweight” rating for the company in a report on Thursday, March 13th. Sanford C. Bernstein decreased their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Scotiabank dropped their price target on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 13th. JPMorgan Chase & Co. reduced their price objective on SentinelOne from $33.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Finally, Jefferies Financial Group lowered their target price on SentinelOne from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, SentinelOne has an average rating of “Moderate Buy” and an average target price of $26.33.

Institutional Investors Weigh In On SentinelOne

Several institutional investors and hedge funds have recently bought and sold shares of S. Erste Asset Management GmbH bought a new stake in shares of SentinelOne in the 3rd quarter worth approximately $4,816,000. Charles Schwab Investment Management Inc. raised its position in SentinelOne by 55.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock valued at $62,129,000 after buying an additional 921,572 shares during the period. Carnegie Investment Counsel purchased a new stake in SentinelOne in the 4th quarter worth about $7,167,000. Franklin Resources Inc. boosted its position in SentinelOne by 5.5% during the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company’s stock worth $698,000 after acquiring an additional 1,366 shares during the period. Finally, SG Americas Securities LLC grew its stake in SentinelOne by 74.8% during the 4th quarter. SG Americas Securities LLC now owns 57,142 shares of the company’s stock valued at $1,269,000 after acquiring an additional 24,453 shares in 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.