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

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 10,178 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $243,763.10. Following the completion of the transaction, the chief executive officer now directly owns 949,504 shares of the company’s stock, valued at approximately $22,740,620.80. This trade represents a 1.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• 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 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 shares were sold at an average price of $23.61, for a total transaction 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 transaction of $1,952,197.65.

SentinelOne Trading Up 0.4 %

S traded up $0.09 during trading on Friday, hitting $23.93. 3,621,216 shares of the company’s stock were exchanged, compared to its average volume of 3,769,604. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The stock has a 50 day moving average price of $23.41 and a 200 day moving average price of $24.20. The firm has a market cap of $7.69 billion, a P/E ratio of -25.45 and a beta of 0.75.

SentinelOne (NYSE:S) last posted its 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 net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same quarter in the previous year, the firm posted ($0.21) EPS. The business’s revenue was up 28.3% compared to the same quarter last year. Analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

Several institutional investors and hedge funds have recently modified their holdings of S. KBC Group NV lifted its holdings in SentinelOne by 778.0% in the 3rd quarter. KBC Group NV now owns 65,455 shares of the company’s stock worth $1,566,000 after buying an additional 58,000 shares in the last quarter. Erste Asset Management GmbH purchased a new stake in shares of SentinelOne during the third quarter worth about $4,816,000. NorthRock Partners LLC acquired a new position in shares of SentinelOne in the third quarter worth about $5,227,000. Charles Schwab Investment Management Inc. boosted its holdings in 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 purchasing an additional 921,572 shares during the last quarter. Finally, Carnegie Investment Counsel acquired a new stake in SentinelOne during the 4th quarter valued at approximately $7,167,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on S. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a “hold” rating to a “buy” rating and increased their target price for the company from $25.00 to $32.00 in a report on Tuesday, November 12th. Canaccord Genuity Group reiterated a “buy” rating and set a $30.00 price objective on shares of SentinelOne in a research report on Friday, October 18th. Susquehanna boosted their target price on shares of SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a research note on Thursday, December 5th. Citigroup lowered their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Finally, UBS Group lowered shares of SentinelOne from a “buy” rating to a “neutral” rating and cut their price objective for the company from $30.00 to $25.00 in a research report on Wednesday, January 15th. 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.