Tomer Weingarten Sells 10,178 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) CEO Tomer Weingarten sold 10,178 shares of the firm's stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $243,763.10. Following the transaction, the chief executive officer now owns 949,504 shares in the company, valued at approximately $22,740,620.80. The trade was a 1.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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.
• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were 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 stock was sold at an average price of $23.61, for a total value of $1,938,758.76.
• On Monday, November 11th, Tomer Weingarten sold 70,655 shares of SentinelOne stock. The stock was sold at an average price of $27.63, for a total value of $1,952,197.65.

SentinelOne Price Performance

SentinelOne stock traded down $0.48 during mid-day trading on Tuesday, reaching $24.13. 1,881,796 shares of the stock traded hands, compared to its average volume of 3,679,562. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The business's 50-day moving average is $23.35 and its 200-day moving average is $24.21. The stock has a market capitalization of $7.75 billion, a PE ratio of -25.69 and a beta of 0.75.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on S. Citigroup cut their price objective on SentinelOne from $28.00 to $27.00 and set a "neutral" rating on the stock in a research report on Friday, January 17th. Scotiabank upped their price target on SentinelOne from $25.00 to $26.00 and gave the stock a "sector perform" rating in a research note on Thursday, December 5th. Robert W. Baird raised their price objective on SentinelOne from $30.00 to $32.00 and gave the company an "outperform" rating in a research report on Monday, December 2nd. Jefferies Financial Group upgraded shares of SentinelOne from a "hold" rating to a "buy" rating and boosted their target price for the company from $27.00 to $30.00 in a report on Thursday, December 19th. Finally, Cantor Fitzgerald initiated coverage on shares of SentinelOne in a research note on Thursday, January 9th. They issued an "overweight" rating and a $30.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $29.56.

Hedge Funds Weigh In On SentinelOne

A number of hedge funds have recently modified their holdings of S. Waldron Private Wealth LLC purchased a new position in SentinelOne in the 3rd quarter worth approximately $26,000. Smartleaf Asset Management LLC lifted its holdings in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after buying an additional 556 shares in the last quarter. Avion Wealth bought a new position in shares of SentinelOne during the fourth quarter worth $28,000. Crewe Advisors LLC purchased a new position in SentinelOne during the fourth quarter valued at $33,000. Finally, Arlington Trust Co LLC bought a new stake in SentinelOne in the 4th quarter valued at $33,000. 90.87% of the stock is currently owned by institutional investors.

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.