Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells $1,938,758.76 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $23.61, for a total transaction of $1,938,758.76. Following the completion of the sale, the chief executive officer now owns 959,682 shares of the company’s stock, valued at approximately $22,658,092.02. This represents a 7.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.74, for a total value of $1,444,911.36.
• On Monday, November 11th, Tomer Weingarten sold 70,655 shares of SentinelOne stock. The shares were 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 stock was 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 transaction of $1,425,434.88.

SentinelOne Stock Down 0.5 %

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

SentinelOne (NYSE:S) last announced its earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). The business had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.21) EPS. As a group, equities research 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. Waldron Private Wealth LLC bought a new stake in SentinelOne in the 3rd quarter valued at about $26,000. Blue Trust Inc. acquired a new stake in SentinelOne in the second quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC grew its stake in SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after acquiring an additional 434 shares during the period. Unique Wealth Strategies LLC bought a new stake in shares of SentinelOne during the second quarter valued at approximately $49,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of SentinelOne during the third quarter worth approximately $55,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on S shares. The Goldman Sachs Group restated a “neutral” rating and set a $25.00 price objective on shares of SentinelOne in a research report on Friday, September 13th. Barclays reduced their price target on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Thursday, December 5th. Westpark Capital reiterated a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research report on Tuesday, December 3rd. Citigroup raised their target price on shares of SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, August 28th. Finally, Wells Fargo & Company upped their price target on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.