Robin Tomasello Sells 1,496 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 1,496 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $29,575.92. Following the transaction, the chief accounting officer now directly owns 233,484 shares in the company, valued at $4,615,978.68. This trade represents a 0.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Robin Tomasello also recently made the following trade(s):

• On Thursday, March 6th, Robin Tomasello sold 6,378 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total transaction of $124,689.90.

SentinelOne Price Performance

Shares of SentinelOne stock opened at $18.84 on Friday. The stock has a market cap of $6.05 billion, a PE ratio of -20.04 and a beta of 0.78. The firm has a fifty day moving average price of $21.71 and a 200 day moving average price of $23.73. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

Hedge Funds Weigh In On SentinelOne

Institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC increased its holdings in shares of 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 purchasing an additional 556 shares in the last quarter. Avion Wealth purchased a new position in SentinelOne in the fourth quarter valued at $28,000. Crewe Advisors LLC acquired a new position in shares of SentinelOne in the fourth quarter worth about $33,000. Arlington Trust Co LLC purchased a new stake in shares of SentinelOne during the 4th quarter worth about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of SentinelOne during the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Oppenheimer started coverage on SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price on the stock. Robert W. Baird cut their target price on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. UBS Group decreased their price target on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating for the company in a research report on Thursday, March 13th. Guggenheim reaffirmed a “buy” rating and issued a $31.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Finally, Wells Fargo & Company decreased their target price on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Seven 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. Based on data from MarketBeat.com, SentinelOne currently has a consensus rating of “Moderate Buy” and an average target price of $26.33.

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.