SentinelOne, Inc. (NYSE:S) CEO Sells $1,539,859.20 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the company’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20. Following the completion of the transaction, the chief executive officer now directly owns 1,039,497 shares of the company’s stock, valued at approximately $26,299,274.10. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 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.
• On Monday, August 12th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $21.47, for a total transaction of $1,306,750.08.
• On Thursday, August 8th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $21.17, for a total transaction of $1,288,490.88.
• On Tuesday, August 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $20.56, for a total transaction of $208,992.40.
• On Thursday, July 18th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $20.54, for a total transaction 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 transaction of $1,328,661.12.

SentinelOne Trading Down 0.5 %

NYSE S traded down $0.14 on Friday, reaching $25.71. The company’s stock had a trading volume of 3,223,968 shares, compared to its average volume of 5,368,818. The firm has a market cap of $8.04 billion, a PE ratio of -25.21 and a beta of 0.67. The business has a 50-day moving average price of $23.32 and a 200 day moving average price of $21.72. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.76.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on S. Susquehanna boosted their target price on SentinelOne from $22.00 to $28.00 and gave the stock a “positive” rating in a report on Thursday, September 5th. Barclays lifted their price objective on shares of SentinelOne from $26.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 28th. Scotiabank lifted their price objective on shares of SentinelOne from $18.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 28th. The Goldman Sachs Group restated a “neutral” rating and set a $25.00 price target on shares of SentinelOne in a report on Friday, September 13th. Finally, Baird R W raised shares of SentinelOne to a “strong-buy” rating in a research note on Monday, July 15th. One analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $27.83.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA bought a new stake in SentinelOne during the second quarter worth about $36,237,000. Vanguard Group Inc. grew its stake in SentinelOne by 7.2% during the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock worth $586,456,000 after buying an additional 1,694,407 shares during the last quarter. Eminence Capital LP grew its stake in SentinelOne by 24.2% during the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock worth $144,282,000 after buying an additional 1,337,145 shares during the last quarter. AXA S.A. bought a new stake in SentinelOne during the second quarter worth about $20,082,000. Finally, Sylebra Capital LLC grew its stake in SentinelOne by 15.9% during the first quarter. Sylebra Capital LLC now owns 6,122,877 shares of the company’s stock worth $142,724,000 after buying an additional 838,818 shares during the last quarter. Institutional investors 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.