Tomer Weingarten Sells 20,186 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 20,186 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $399,077.22. Following the completion of the transaction, the chief executive officer now owns 900,111 shares in the company, valued at $17,795,194.47. This trade represents a 2.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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 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 transaction of $1,370,657.28.

SentinelOne Price Performance

SentinelOne stock opened at $18.84 on Friday. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The company’s 50-day moving average is $21.71 and its 200 day moving average is $23.73. The firm has a market capitalization of $6.05 billion, a P/E ratio of -20.04 and a beta of 0.78.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC boosted its position in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after buying an additional 556 shares during the period. Avion Wealth purchased a new stake in shares of SentinelOne in the fourth quarter valued at approximately $28,000. Crewe Advisors LLC bought a new position in SentinelOne in the fourth quarter worth approximately $33,000. Arlington Trust Co LLC purchased a new position in SentinelOne during the 4th quarter worth $33,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in SentinelOne during the 4th quarter valued at $38,000. 90.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on S shares. Canaccord Genuity Group reduced their price objective on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Needham & Company LLC cut their price target on SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Jefferies Financial Group lowered their price objective on SentinelOne from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Guggenheim reiterated a “buy” rating and set a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Finally, Westpark Capital lowered their price target on SentinelOne from $34.00 to $31.00 and set a “buy” rating on the stock in a report on Tuesday, March 11th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $26.33.

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.