SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 82,116 Shares

SentinelOne, Inc. (NYSE:S - Get Free Report) 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 value of $1,938,758.76. Following the sale, the chief executive officer now owns 959,682 shares of the company's stock, valued at $22,658,092.02. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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 transaction 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 shares were 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 shares were 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 value of $1,425,434.88.

SentinelOne Stock Performance

Shares of NYSE:S traded down $0.11 during midday trading on Friday, hitting $23.91. The company's stock had a trading volume of 4,698,088 shares, compared to its average volume of 5,266,291. The stock's 50 day simple moving average is $26.36 and its 200 day simple moving average is $23.22. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of -25.44 and a beta of 0.67. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76.

SentinelOne (NYSE:S - Get Free Report) last issued its quarterly 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 company had revenue of $210.60 million during 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%. SentinelOne's revenue for the quarter was up 28.3% on a year-over-year basis. During the same period last year, the company earned ($0.21) earnings per share. As a group, analysts anticipate that SentinelOne, Inc. will post -0.75 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Sanford C. Bernstein reduced their price target on shares of SentinelOne from $32.00 to $30.00 and set an "outperform" rating for the company in a research report on Thursday, December 5th. Westpark Capital reiterated a "buy" rating and issued a $34.00 target price on shares of SentinelOne in a research report on Tuesday, December 3rd. JPMorgan Chase & Co. boosted their price target on shares of SentinelOne from $30.00 to $33.00 and gave the company an "overweight" rating in a report on Friday, November 29th. DA Davidson increased their price objective on SentinelOne from $23.00 to $25.00 and gave the stock a "neutral" rating in a report on Thursday, October 17th. Finally, Barclays reduced their price objective on SentinelOne from $30.00 to $28.00 and set an "equal weight" rating for the company in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $29.42.

Institutional Investors Weigh In On SentinelOne

Several large investors have recently modified their holdings of S. KBC Group NV raised its holdings in shares of SentinelOne by 778.0% in the third quarter. KBC Group NV now owns 65,455 shares of the company's stock valued at $1,566,000 after buying an additional 58,000 shares during the last quarter. Erste Asset Management GmbH acquired a new stake in SentinelOne in the third quarter worth $4,816,000. NorthRock Partners LLC bought a new position in SentinelOne during the third quarter worth about $5,227,000. Charles Schwab Investment Management Inc. grew its position in shares of SentinelOne by 55.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company's stock valued at $62,129,000 after purchasing an additional 921,572 shares during the period. Finally, Sycomore Asset Management raised its holdings in shares of SentinelOne by 40.4% during the second quarter. Sycomore Asset Management now owns 288,860 shares of the company's stock worth $5,537,000 after acquiring an additional 83,060 shares during the period. 90.87% of the stock is currently owned by institutional investors.

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.

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