SentinelOne (NYSE:S) CEO Sells $1,892,723.61 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 125,429 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $15.09, for a total transaction of $1,892,723.61. Following the transaction, the chief executive officer owned 1,093,108 shares in the company, valued at $16,494,999.72. The trade was a 10.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, December 8th, Tomer Weingarten sold 38,684 shares of SentinelOne stock. The shares were sold at an average price of $14.58, for a total transaction of $564,012.72.
• On Thursday, November 6th, Tomer Weingarten sold 90,100 shares of SentinelOne stock. The stock was sold at an average price of $16.47, for a total value of $1,483,947.00.
• On Monday, October 6th, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $18.02, for a total value of $1,044,096.82.

SentinelOne Stock Performance

Shares of S stock opened at $15.10 on Monday. The stock has a fifty day moving average price of $16.66 and a 200 day moving average price of $17.47. The stock has a market cap of $5.13 billion, a PE ratio of -12.08 and a beta of 0.76. SentinelOne, Inc. has a 1 year low of $14.48 and a 1 year high of $25.24.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The business had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter last year, the business posted ($0.25) earnings per share. The business’s revenue for the quarter was up 22.9% on a year-over-year basis. As a group, equities research analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on S shares. Westpark Capital restated a “buy” rating and set a $25.00 price objective on shares of SentinelOne in a research report on Friday, December 5th. Cantor Fitzgerald dropped their price target on SentinelOne from $24.00 to $22.00 and set an “overweight” rating for the company in a research report on Monday, November 24th. Wells Fargo & Company upped their price objective on SentinelOne from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Friday, August 29th. Scotiabank lifted their price objective on SentinelOne from $18.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Friday, August 29th. Finally, Oppenheimer cut their target price on shares of SentinelOne from $26.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.43.

Institutional Trading of SentinelOne

Hedge funds have recently added to or reduced their stakes in the business. Rafferty Asset Management LLC raised its position in shares of SentinelOne by 2.5% during the 1st quarter. Rafferty Asset Management LLC now owns 25,868 shares of the company’s stock worth $470,000 after buying an additional 641 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of SentinelOne by 25.2% during the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after acquiring an additional 692 shares during the period. Allworth Financial LP increased its stake in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares during the period. Mission Creek Capital Partners Inc. raised its holdings in SentinelOne by 1.7% during the second quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company’s stock worth $840,000 after purchasing an additional 760 shares in the last quarter. Finally, Main Management ETF Advisors LLC lifted its position in SentinelOne by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company’s stock worth $857,000 after purchasing an additional 768 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

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.