SentinelOne, Inc. (NYSE:S) CEO Sells $1,952,197.65 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 70,655 shares of the company’s 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 sale, the chief executive officer now directly owns 1,019,541 shares in the company, valued at $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 accessible through the SEC website.

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

• On Wednesday, November 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The shares were 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 shares were 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 shares were sold at an average price of $23.42, for a total transaction of $1,425,434.88.
• On Wednesday, September 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The stock was 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 stock was sold at an average price of $22.80, for a total transaction of $880,239.60.

SentinelOne Stock Down 0.1 %

NYSE:S traded down $0.03 during mid-day trading on Wednesday, hitting $27.68. The stock had a trading volume of 5,091,496 shares, compared to its average volume of 5,214,853. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The stock has a 50-day simple moving average of $24.86 and a two-hundred day simple moving average of $22.44.

SentinelOne (NYSE:S) last released its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The company had revenue of $198.94 million for the quarter, compared to analysts’ expectations of $197.32 million. During the same quarter last year, the company earned ($0.26) earnings per share. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. As a group, equities research analysts predict that SentinelOne, Inc. will post -0.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Westpark Capital reiterated a “buy” rating and issued a $34.00 target price on shares of SentinelOne in a research report on Monday, August 26th. Barclays increased their target price on shares of SentinelOne from $28.00 to $30.00 and gave the company an “equal weight” rating in a research report on Thursday, October 17th. DA Davidson upped their price objective on shares of SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price objective for the company from $25.00 to $32.00 in a report on Tuesday. Finally, Susquehanna upped their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $28.73.

Institutional Trading of SentinelOne

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Waldron Private Wealth LLC purchased a new position in shares of SentinelOne during the third quarter worth approximately $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 grew its position 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 worth $28,000 after acquiring an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC grew its position in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after acquiring an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC purchased a new position in shares of SentinelOne during the second quarter worth approximately $49,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.