SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 60,864 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $19.17, for a total value of $1,166,762.88. Following the completion of the transaction, the chief executive officer now directly owns 920,297 shares in the company, valued at approximately $17,642,093.49. This trade represents a 6.20 % decrease in their position. 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, March 19th, Tomer Weingarten sold 81,619 shares of SentinelOne stock. The shares were sold at an average price of $19.59, for a total transaction of $1,598,916.21.
• On Thursday, March 6th, Tomer Weingarten sold 39,477 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total transaction of $771,775.35.
• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24.
• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total value of $243,763.10.
• On Tuesday, January 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $22.52, for a total value of $1,370,657.28.

SentinelOne Stock Up 0.3 %

S opened at $20.17 on Wednesday. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The business’s 50 day moving average is $21.87 and its two-hundred day moving average is $23.79. The firm has a market cap of $6.48 billion, a price-to-earnings ratio of -21.46 and a beta of 0.78.

Hedge Funds Weigh In On SentinelOne

A number of institutional investors have recently modified their holdings of S. Guggenheim Capital LLC increased its position in SentinelOne by 1.4% in the 4th quarter. Guggenheim Capital LLC now owns 34,396 shares of the company’s stock valued at $764,000 after acquiring an additional 478 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after purchasing an additional 556 shares during the period. Laird Norton Wetherby Wealth Management LLC raised its stake in shares of SentinelOne by 4.6% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company’s stock worth $365,000 after purchasing an additional 724 shares during the last quarter. Bullseye Asset Management LLC lifted its holdings in shares of SentinelOne by 1.5% during the third quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock worth $1,605,000 after purchasing an additional 1,000 shares during the period. Finally, MetLife Investment Management LLC grew its position in SentinelOne by 17.4% in the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock valued at $163,000 after buying an additional 1,012 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Scotiabank decreased their price target on shares of SentinelOne from $26.00 to $19.00 and set a “sector perform” rating for the company in a research report on Thursday, March 13th. Piper Sandler cut their price objective on SentinelOne from $32.00 to $28.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Canaccord Genuity Group decreased their target price on SentinelOne from $30.00 to $26.00 and set a “buy” rating for the company in a report on Thursday, March 13th. Finally, Westpark Capital lowered their target price on SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.33.

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.