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

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the completion of the transaction, the chief executive officer now owns 959,682 shares of the company’s stock, valued at $21,612,038.64. The trade was a 5.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $23.74, for a total value of $1,444,911.36.
• On Wednesday, December 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The stock was sold at an average price of $23.61, for a total transaction of $1,938,758.76.
• On Monday, November 11th, Tomer Weingarten sold 70,655 shares of SentinelOne stock. The shares were sold at an average price of $27.63, for a total value of $1,952,197.65.
• 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.

SentinelOne Trading Up 0.3 %

Shares of NYSE:S opened at $22.55 on Thursday. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The company has a market cap of $7.25 billion, a PE ratio of -23.99 and a beta of 0.74. The stock has a 50 day moving average of $25.24 and a 200 day moving average of $23.83.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same quarter in the previous year, the business earned ($0.21) earnings per share. The firm’s revenue for the quarter was up 28.3% on a year-over-year basis. Equities research analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Institutional Trading of SentinelOne

Several institutional investors have recently made changes to their positions in S. KBC Group NV boosted its holdings in shares of SentinelOne by 778.0% during the 3rd quarter. KBC Group NV now owns 65,455 shares of the company’s stock valued at $1,566,000 after purchasing an additional 58,000 shares during the last quarter. Erste Asset Management GmbH purchased a new stake in shares of SentinelOne in the third quarter worth approximately $4,816,000. NorthRock Partners LLC bought a new stake in shares of SentinelOne during the third quarter worth $5,227,000. Charles Schwab Investment Management Inc. lifted its holdings in SentinelOne by 55.0% during the 3rd 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 in the last quarter. Finally, Sycomore Asset Management raised its stake in shares of SentinelOne by 40.4% during the second quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock valued at $5,537,000 after acquiring an additional 83,060 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on S shares. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. Robert W. Baird upped their price target on SentinelOne from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Monday, December 2nd. Sanford C. Bernstein lowered their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Barclays cut their price target on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Thursday, December 5th. Finally, Jefferies Financial Group upgraded SentinelOne from a “hold” rating to a “buy” rating and lifted their price objective for the company from $27.00 to $30.00 in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.44.

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.