SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 38,607 Shares of Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 38,607 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of $22.80, for a total value of $880,239.60. Following the sale, the chief executive officer now owns 1,060,749 shares of the company’s stock, valued at approximately $24,185,077.20. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• 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 shares were sold at an average price of $20.56, for a total value 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 value 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 value of $1,328,661.12.
• On Thursday, June 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $18.25, for a total value of $1,110,768.00.

SentinelOne Price Performance

SentinelOne stock opened at $21.65 on Wednesday. The company has a market capitalization of $6.77 billion, a price-to-earnings ratio of -21.23 and a beta of 0.67. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76. The company’s fifty day moving average price is $22.30 and its two-hundred day moving average price is $21.98.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. The business had revenue of $198.94 million for the quarter, compared to analyst estimates of $197.32 million. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.26) earnings per share. As a group, sell-side analysts anticipate that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Hedge Funds Weigh In On SentinelOne

Institutional investors have recently made changes to their positions in the business. Blue Trust Inc. bought a new position in shares of SentinelOne in the second quarter worth about $27,000. Allspring Global Investments Holdings LLC increased its stake in shares of SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the period. Newbridge Financial Services Group Inc. bought a new position in shares of SentinelOne in the fourth quarter worth about $30,000. Sugarloaf Wealth Management LLC increased its stake in shares of SentinelOne by 56.0% in the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after purchasing an additional 700 shares during the period. Finally, Unique Wealth Strategies LLC bought a new position in SentinelOne during the second quarter valued at about $49,000. 90.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Susquehanna increased their target price on SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. Needham & Company LLC increased their target price on SentinelOne from $25.00 to $29.00 and gave the company a “buy” rating in a report on Monday, August 26th. Citigroup increased their target price on SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, August 28th. Loop Capital increased their target price on SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, August 28th. Finally, Morgan Stanley increased their price objective on SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.96.

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.