Tomer Weingarten Sells 10,165 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 10,165 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $21.26, for a total transaction of $216,107.90. Following the sale, the chief executive officer now owns 1,274,957 shares of the company’s stock, valued at approximately $27,105,585.82. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, April 11th, Tomer Weingarten sold 47,365 shares of SentinelOne stock. The stock was sold at an average price of $22.28, for a total value of $1,055,292.20.
• On Tuesday, April 9th, Tomer Weingarten sold 47,365 shares of SentinelOne stock. The shares were sold at an average price of $22.57, for a total transaction of $1,069,028.05.
• On Wednesday, March 6th, Tomer Weingarten sold 69,427 shares of SentinelOne stock. The stock was sold at an average price of $27.09, for a total value of $1,880,777.43.
• On Thursday, February 8th, Tomer Weingarten sold 47,365 shares of SentinelOne stock. The stock was sold at an average price of $28.97, for a total transaction of $1,372,164.05.

SentinelOne Stock Up 1.2 %

S opened at $21.21 on Friday. The company has a 50-day simple moving average of $22.90 and a 200 day simple moving average of $23.18. The stock has a market capitalization of $6.58 billion, a price-to-earnings ratio of -18.28 and a beta of 0.69. SentinelOne, Inc. has a twelve month low of $12.43 and a twelve month high of $30.76.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The business had revenue of $174.18 million for the quarter, compared to analyst estimates of $169.40 million. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. SentinelOne’s quarterly revenue was up 38.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.30) EPS. Sell-side analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Lord Abbett & CO. LLC grew its holdings in SentinelOne by 25.5% in the first quarter. Lord Abbett & CO. LLC now owns 1,844,954 shares of the company’s stock worth $43,006,000 after purchasing an additional 375,275 shares during the period. Kingsview Wealth Management LLC acquired a new stake in shares of SentinelOne in the 1st quarter valued at about $478,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of SentinelOne by 18.1% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 312,583 shares of the company’s stock valued at $7,286,000 after buying an additional 47,900 shares during the period. Russell Investments Group Ltd. raised its stake in SentinelOne by 26.9% during the 1st quarter. Russell Investments Group Ltd. now owns 288,020 shares of the company’s stock worth $6,714,000 after buying an additional 61,076 shares during the period. Finally, Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. bought a new position in SentinelOne in the first quarter worth approximately $16,507,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on S shares. JMP Securities reaffirmed a “market outperform” rating and issued a $33.00 target price on shares of SentinelOne in a research note on Monday, April 1st. BTIG Research upgraded shares of SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price target for the company in a research note on Monday, January 22nd. Sanford C. Bernstein upped their target price on shares of SentinelOne from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Thursday, March 14th. Wedbush lifted their price target on SentinelOne from $28.00 to $32.00 and gave the stock an “overweight” rating in a report on Thursday, March 14th. Finally, The Goldman Sachs Group raised their price objective on SentinelOne from $19.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, SentinelOne has a consensus rating of “Hold” and an average target price of $26.08.

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.