SentinelOne, Inc. (NYSE:S) CEO Sells $771,775.35 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 39,477 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $771,775.35. Following the completion of the sale, the chief executive officer now owns 900,249 shares in the company, valued at $17,599,867.95. The trade was a 4.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• 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 value 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.
• 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.

SentinelOne Trading Down 0.3 %

NYSE:S opened at $19.84 on Monday. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78. The business’s fifty day moving average price is $22.65 and its 200 day moving average price is $24.19.

Hedge Funds Weigh In On SentinelOne

A number of hedge funds have recently modified their holdings of S. KBC Group NV raised its position in shares of SentinelOne by 778.0% in the third 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 period. Erste Asset Management GmbH acquired a new stake in SentinelOne during the third quarter worth $4,816,000. Charles Schwab Investment Management Inc. increased its holdings in SentinelOne by 55.0% in 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 during the period. Carnegie Investment Counsel acquired a new position in shares of SentinelOne in the 4th quarter valued at $7,167,000. Finally, Banco Santander S.A. bought a new position in shares of SentinelOne during the 3rd quarter worth about $5,002,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on the stock. Scotiabank boosted their price target on shares of SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. boosted their target price on SentinelOne from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, November 29th. Cantor Fitzgerald started coverage on SentinelOne in a research report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 target price for the company. Morgan Stanley lowered their price target on SentinelOne from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 19th. Finally, Sanford C. Bernstein cut their price objective on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Seven research 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. Based on data from MarketBeat, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $29.48.

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.