Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells 70,655 Shares of Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 70,655 shares of SentinelOne stock in a transaction on Monday, November 11th. The shares were sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following the completion of the transaction, the chief executive officer now owns 1,019,541 shares in the company, valued at approximately $28,169,917.83. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, November 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $26.25, for a total transaction of $266,831.25.
• On Wednesday, October 9th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $25.30, for a total transaction of $1,539,859.20.
• On Monday, October 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.42, for a total value of $1,425,434.88.
• On Wednesday, September 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $21.60, for a total transaction 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 transaction of $880,239.60.

SentinelOne Stock Down 0.1 %

Shares of S traded down $0.03 during trading hours on Wednesday, hitting $27.68. The company had a trading volume of 5,091,496 shares, compared to its average volume of 5,214,853. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $30.76. The stock’s 50 day moving average price is $24.86 and its 200 day moving average price is $22.44.

SentinelOne (NYSE:S) last released its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The firm had revenue of $198.94 million during the quarter, compared to analyst estimates of $197.32 million. During the same period last year, the business earned ($0.26) earnings per share. The business’s revenue was up 33.1% on a year-over-year basis. On average, equities analysts expect that SentinelOne, Inc. will post -0.73 EPS for the current year.

Institutional Investors Weigh In On SentinelOne

A number of hedge funds have recently added to or reduced their stakes in the stock. Waldron Private Wealth LLC bought a new position in SentinelOne in the 3rd quarter worth $26,000. Blue Trust Inc. purchased a new position in shares of SentinelOne during the second quarter worth approximately $27,000. Allspring Global Investments Holdings LLC boosted its stake in shares of SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after purchasing an additional 434 shares in the last quarter. Sugarloaf Wealth Management LLC raised its holdings 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 buying an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC purchased a new position in shares of SentinelOne in the second quarter worth $49,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

S has been the subject of a number of research reports. JMP Securities reiterated a “market outperform” rating and set a $33.00 target price on shares of SentinelOne in a report on Wednesday, August 28th. Wells Fargo & Company increased their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, August 28th. Wedbush raised shares of SentinelOne to a “strong-buy” rating in a research report on Thursday, October 17th. Canaccord Genuity Group reissued a “buy” rating and set a $30.00 price target on shares of SentinelOne in a research report on Friday, October 18th. Finally, Robert W. Baird raised their price objective on SentinelOne from $29.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, October 18th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $28.73.

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.