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

SentinelOne, Inc. (NYSE:SGet Free Report) CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $21.54, for a total transaction of $1,311,010.56. Following the completion of the sale, the chief executive officer now directly owns 1,179,171 shares of the company’s stock, valued at approximately $25,399,343.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Thursday, May 9th, Tomer Weingarten sold 91,914 shares of SentinelOne stock. The shares were sold at an average price of $21.14, for a total value of $1,943,061.96.
  • On Monday, May 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $21.26, for a total value of $216,107.90.
  • On Thursday, April 11th, Tomer Weingarten sold 47,365 shares of SentinelOne stock. The shares were 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 transaction of $1,880,777.43.

SentinelOne Price Performance

S stock opened at $21.59 on Wednesday. The business has a 50-day moving average of $22.57 and a 200-day moving average of $23.41. SentinelOne, Inc. has a fifty-two week low of $12.43 and a fifty-two week high of $30.76. The stock has a market capitalization of $6.69 billion, a P/E ratio of -18.61 and a beta of 0.69.

SentinelOne (NYSE:SGet Free Report) last released its quarterly earnings results 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. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. The firm had revenue of $174.18 million during the quarter, compared to the consensus estimate of $169.40 million. During the same quarter in the prior year, the firm posted ($0.30) EPS. The business’s revenue was up 38.1% on a year-over-year basis. Equities analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on S. Needham & Company LLC raised their price objective on shares of SentinelOne from $28.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, March 12th. BTIG Research upgraded SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Monday, January 22nd. Sanford C. Bernstein upped their price objective on SentinelOne from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Thursday, March 14th. DA Davidson raised their target price on SentinelOne from $22.00 to $24.00 and gave the stock a “neutral” rating in a report on Thursday, March 14th. Finally, The Goldman Sachs Group upped their price target on SentinelOne from $19.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.08.

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Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. acquired a new position in shares of SentinelOne during the 4th quarter worth approximately $30,000. Montag A & Associates Inc. raised its position in SentinelOne by 143.0% during the third quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock worth $34,000 after acquiring an additional 1,200 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in SentinelOne in the third quarter valued at $38,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of SentinelOne in the 3rd quarter valued at about $55,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of SentinelOne in the 1st quarter valued at about $80,000. Institutional investors own 90.87% of the company’s stock.

About SentinelOne

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for SentinelOne (NYSE:S)

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