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

SentinelOne, Inc. (NYSE:S - Get Free Report) CEO Tomer Weingarten sold 20,186 shares of the company's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $399,077.22. Following the sale, the chief executive officer now owns 900,111 shares of the company's stock, valued at $17,795,194.47. This represents a 2.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, March 21st, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $19.17, for a total transaction of $1,166,762.88.
• On Wednesday, March 19th, Tomer Weingarten sold 81,619 shares of SentinelOne stock. The stock was sold at an average price of $19.59, for a total transaction 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 Trading Down 3.4 %

Shares of S stock traded down $0.65 during trading hours on Monday, hitting $18.19. The company's stock had a trading volume of 4,019,587 shares, compared to its average volume of 4,893,993. The business has a fifty day moving average of $21.71 and a 200-day moving average of $23.74. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of -19.35 and a beta of 0.78.

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Institutional Trading of SentinelOne

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC grew its position 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 valued at $27,000 after purchasing an additional 556 shares during the period. Avion Wealth acquired a new position in SentinelOne during the 4th quarter worth approximately $28,000. Crewe Advisors LLC acquired a new stake in SentinelOne during the 4th quarter valued at $33,000. Arlington Trust Co LLC acquired a new position in shares of SentinelOne in the fourth quarter worth about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in SentinelOne in the fourth quarter valued at about $38,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on S shares. Jefferies Financial Group reduced their price objective on SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a research report on Monday. Barclays decreased their price target on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 11th. Needham & Company LLC dropped their target price on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a research report on Thursday, March 13th. Oppenheimer assumed coverage on shares of SentinelOne in a report on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 target price for the company. Finally, Scotiabank decreased their price objective on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research report on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $26.26.

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.