SentinelOne, Inc. (NYSE:S) CEO Sells $399,077.22 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 20,186 shares of the stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $399,077.22. Following the sale, the chief executive officer now directly owns 900,111 shares in the company, valued at $17,795,194.47. This represents a 2.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Friday, March 21st, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $19.17, for a total value of $1,166,762.88.
• 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 value of $1,598,916.21.
• On Thursday, March 6th, Tomer Weingarten sold 39,477 shares of SentinelOne stock. The stock was sold at an average price of $19.55, for a total value of $771,775.35.
• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The shares were sold at an average price of $24.22, for a total transaction of $1,710,949.24.
• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The stock was sold at an average price of $23.95, for a total transaction 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 transaction of $1,370,657.28.

SentinelOne Price Performance

NYSE:S opened at $18.84 on Monday. The company’s 50-day moving average is $21.71 and its two-hundred day moving average is $23.74. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The firm has a market capitalization of $6.05 billion, a price-to-earnings ratio of -20.04 and a beta of 0.78.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Bank of America lowered their target price on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Scotiabank dropped their price objective on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a report on Thursday, March 13th. Wells Fargo & Company cut their price objective on SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Cantor Fitzgerald decreased their target price on SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Finally, Westpark Capital cut their price target on shares of SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday, March 11th. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.33.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in S. Smartleaf Asset Management LLC lifted its position in 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 buying an additional 556 shares during the last quarter. Avion Wealth purchased a new stake in shares of SentinelOne in the 4th quarter valued at approximately $28,000. Crewe Advisors LLC acquired a new position in shares of SentinelOne in the 4th quarter worth approximately $33,000. Arlington Trust Co LLC purchased a new position in shares of SentinelOne during the 4th quarter worth approximately $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in SentinelOne in the 4th quarter valued at approximately $38,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

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.