SentinelOne, Inc. (NYSE:S) CEO Sells $1,444,911.36 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $23.74, for a total value of $1,444,911.36. Following the completion of the sale, the chief executive officer now directly owns 959,682 shares of the company’s stock, valued at approximately $22,782,850.68. This trade represents a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, December 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $23.61, for a total transaction of $1,938,758.76.
• On Monday, November 11th, Tomer Weingarten sold 70,655 shares of SentinelOne stock. The stock was sold at an average price of $27.63, for a total transaction of $1,952,197.65.
• On Wednesday, November 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $26.25, for a total value 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 value of $1,539,859.20.
• 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 value of $1,425,434.88.

SentinelOne Trading Down 0.5 %

Shares of S stock traded down $0.11 during trading hours on Friday, hitting $23.91. 4,698,088 shares of the company’s stock were exchanged, compared to its average volume of 5,266,291. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The company has a market capitalization of $7.58 billion, a PE ratio of -25.44 and a beta of 0.67. The business’s 50 day simple moving average is $26.36 and its 200-day simple moving average is $23.22.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. During the same period last year, the firm earned ($0.21) earnings per share. SentinelOne’s revenue for the quarter was up 28.3% on a year-over-year basis. Equities analysts anticipate that SentinelOne, Inc. will post -0.75 EPS for the current year.

Institutional Trading of SentinelOne

Several large investors have recently modified their holdings of S. KBC Group NV boosted its holdings in 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 acquiring an additional 58,000 shares in the last quarter. Erste Asset Management GmbH purchased a new stake in shares of SentinelOne in the third quarter worth $4,816,000. NorthRock Partners LLC purchased a new position in SentinelOne in the third quarter worth about $5,227,000. Charles Schwab Investment Management Inc. grew its holdings in shares of SentinelOne by 55.0% during the third 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 last quarter. Finally, Sycomore Asset Management increased its position in shares of SentinelOne by 40.4% during the second quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock valued at $5,537,000 after acquiring an additional 83,060 shares in the last quarter. 90.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

S has been the subject of a number of research analyst reports. Barclays decreased their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. Loop Capital raised their target price on SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, August 28th. BTIG Research upped their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, August 28th. JMP Securities reiterated a “market outperform” rating and issued a $33.00 target price on shares of SentinelOne in a research note on Wednesday, August 28th. Finally, Citigroup boosted their target price on shares of SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $29.42.

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.