SentinelOne, Inc. (NYSE:S – Get Free Report) CAO Robin Tomasello sold 11,905 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.70, for a total value of $186,908.50. Following the transaction, the chief accounting officer owned 445,330 shares in the company, valued at $6,991,681. The trade was a 2.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Robin Tomasello also recently made the following trade(s):
- On Wednesday, May 6th, Robin Tomasello sold 2,459 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total transaction of $38,483.35.
- On Wednesday, March 25th, Robin Tomasello sold 1,496 shares of SentinelOne stock. The shares were sold at an average price of $13.37, for a total value of $20,001.52.
SentinelOne Price Performance
S traded down $0.46 on Wednesday, hitting $14.78. 6,151,201 shares of the stock were exchanged, compared to its average volume of 8,505,000. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $21.40. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of -15.39 and a beta of 0.83. The business has a 50-day moving average of $15.34 and a two-hundred day moving average of $14.73.
Institutional Trading of SentinelOne
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Allworth Financial LP boosted its stake in SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after buying an additional 726 shares in the last quarter. Strategic Advocates LLC purchased a new stake in SentinelOne in the 3rd quarter worth approximately $26,000. Danske Bank A S purchased a new stake in SentinelOne in the 3rd quarter worth approximately $26,000. MAI Capital Management raised its position in shares of SentinelOne by 121.2% in the 3rd quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of SentinelOne by 700.8% in the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after acquiring an additional 1,668 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
S has been the topic of a number of recent research reports. Jefferies Financial Group lifted their price target on SentinelOne from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. UBS Group raised their price objective on SentinelOne from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, May 29th. Wells Fargo & Company lifted their target price on SentinelOne from $14.00 to $16.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. TD Cowen restated a “buy” rating on shares of SentinelOne in a research note on Friday, May 29th. Finally, Weiss Ratings upgraded SentinelOne from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. Seventeen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.67.
Read Our Latest Research Report on S
SentinelOne Company Profile
SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.
The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.
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