SentinelOne, Inc. (NYSE:S) CEO Sells $1,710,949.24 in Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) CEO Tomer Weingarten sold 70,642 shares of SentinelOne stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24. Following the completion of the transaction, the chief executive officer now directly owns 939,726 shares of the company's stock, valued at approximately $22,760,163.72. This trade represents a 6.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• 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 stock was sold at an average price of $22.52, for a total value of $1,370,657.28.
• 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 transaction of $1,444,911.36.
• 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 value of $1,938,758.76.

SentinelOne Stock Down 0.7 %

NYSE S traded down $0.17 on Monday, reaching $24.81. The company had a trading volume of 3,589,658 shares, compared to its average volume of 3,539,667. The stock has a market capitalization of $7.97 billion, a PE ratio of -26.39 and a beta of 0.75. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.36. The firm's 50 day moving average price is $23.17 and its 200 day moving average price is $24.26.

SentinelOne (NYSE:S - Get Free Report) last posted its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million during the quarter, compared to analysts' expectations of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The company's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period last year, the business posted ($0.21) earnings per share. On average, research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

Institutional Investors Weigh In On SentinelOne

Several institutional investors have recently made changes to their positions in S. Truist Financial Corp grew its position in SentinelOne by 17.4% in the 2nd quarter. Truist Financial Corp now owns 27,754 shares of the company's stock valued at $584,000 after acquiring an additional 4,110 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of SentinelOne during the second quarter valued at about $259,000. CWM LLC boosted its stake in SentinelOne by 391.5% in the third quarter. CWM LLC now owns 28,114 shares of the company's stock valued at $672,000 after acquiring an additional 22,394 shares in the last quarter. Swedbank AB grew its holdings in SentinelOne by 25.0% in the third quarter. Swedbank AB now owns 2,500,000 shares of the company's stock worth $59,800,000 after purchasing an additional 500,000 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new position in shares of SentinelOne during the third quarter worth $204,000. Institutional investors own 90.87% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on S shares. Scotiabank raised their target price on shares of SentinelOne from $25.00 to $26.00 and gave the stock a "sector perform" rating in a report on Thursday, December 5th. Westpark Capital reaffirmed a "buy" rating and set a $34.00 price objective on shares of SentinelOne in a research note on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a "hold" rating to a "buy" rating and boosted their price target for the company from $25.00 to $32.00 in a report on Tuesday, November 12th. Needham & Company LLC reissued a "buy" rating and set a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Finally, JPMorgan Chase & Co. raised their price target on SentinelOne from $30.00 to $33.00 and gave the stock an "overweight" rating in a research note on Friday, November 29th. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, SentinelOne currently has an average rating of "Moderate Buy" and a consensus price target of $29.56.

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.