Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells 60,864 Shares of Stock

SentinelOne, Inc. (NYSE:S - Get Free Report) CEO Tomer Weingarten sold 60,864 shares of the company's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $19.17, for a total transaction of $1,166,762.88. Following the transaction, the chief executive officer now directly owns 920,297 shares of the company's stock, valued at $17,642,093.49. This represents a 6.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Thursday, March 27th, Tomer Weingarten sold 20,186 shares of SentinelOne stock. The stock was sold at an average price of $19.77, for a total transaction of $399,077.22.
• 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 shares were 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 stock was sold at an average price of $24.22, for a total value of $1,710,949.24.
• 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.

SentinelOne Price Performance

Shares of SentinelOne stock traded down $0.51 during trading on Friday, hitting $18.84. 2,779,489 shares of the company were exchanged, compared to its average volume of 4,897,488. The firm has a market capitalization of $6.05 billion, a P/E ratio of -20.04 and a beta of 0.78. The firm's fifty day moving average price is $21.71 and its 200 day moving average price is $23.71. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29.

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Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. UBS Group lowered their target price on shares of SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Barclays decreased their price objective on shares of SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 11th. Jefferies Financial Group dropped their price objective on shares of SentinelOne from $30.00 to $25.00 and set a "buy" rating for the company in a report on Thursday, March 13th. Robert W. Baird reduced their target price on SentinelOne from $30.00 to $28.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. dropped their price target on SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, SentinelOne presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.33.

Hedge Funds Weigh In On SentinelOne

Several institutional investors and hedge funds have recently made changes to their positions in S. Principal Financial Group Inc. grew its position in shares of SentinelOne by 6.4% in the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock valued at $442,000 after purchasing an additional 1,111 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in SentinelOne by 37.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,359,065 shares of the company's stock valued at $56,429,000 after buying an additional 637,577 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of SentinelOne by 55.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company's stock valued at $62,129,000 after buying an additional 921,572 shares during the period. Cerity Partners LLC bought a new stake in shares of SentinelOne during the third quarter worth $1,315,000. Finally, Swedbank AB raised its holdings in shares of SentinelOne by 25.0% during the third quarter. Swedbank AB now owns 2,500,000 shares of the company's stock worth $59,800,000 after acquiring an additional 500,000 shares during the period. Institutional investors and hedge funds own 90.87% of the company's stock.

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.