SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 39,118 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $15.73, for a total transaction of $615,326.14. Following the transaction, the chief executive officer directly owned 1,951,693 shares of the company’s stock, valued at $30,700,130.89. The trade was a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Tomer Weingarten also recently made the following trade(s):
- On Wednesday, May 6th, Tomer Weingarten sold 21,960 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total transaction of $343,674.00.
- On Monday, May 4th, Tomer Weingarten sold 231,664 shares of SentinelOne stock. The stock was sold at an average price of $15.32, for a total transaction of $3,549,092.48.
- On Friday, May 1st, Tomer Weingarten sold 100 shares of SentinelOne stock. The stock was sold at an average price of $15.00, for a total transaction of $1,500.00.
- On Wednesday, March 25th, Tomer Weingarten sold 72,523 shares of SentinelOne stock. The stock was sold at an average price of $13.37, for a total transaction of $969,632.51.
- On Tuesday, March 17th, Tomer Weingarten sold 38,864 shares of SentinelOne stock. The stock was sold at an average price of $14.47, for a total transaction of $562,362.08.
SentinelOne Stock Performance
NYSE:S opened at $14.78 on Thursday. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $21.40. The company has a market capitalization of $5.07 billion, a price-to-earnings ratio of -15.39 and a beta of 0.83. The company has a 50-day moving average of $15.38 and a 200-day moving average of $14.72.
Institutional Trading of SentinelOne
A number of hedge funds and other institutional investors have recently modified their holdings of S. Allworth Financial LP grew its position in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after buying an additional 726 shares during the period. Strategic Advocates LLC acquired a new stake in shares of SentinelOne during the 3rd quarter worth approximately $26,000. Danske Bank A S acquired a new stake in shares of SentinelOne during the 3rd quarter worth approximately $26,000. MAI Capital Management grew its position in shares of SentinelOne by 121.2% during the 3rd quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after buying an additional 1,000 shares during the period. Finally, Assetmark Inc. grew its position in shares of SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after buying an additional 1,668 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Jefferies Financial Group lifted their price target on shares of SentinelOne from $20.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Cantor Fitzgerald lifted their price target on shares of SentinelOne from $18.00 to $24.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Citigroup raised shares of SentinelOne from a “neutral” rating to a “buy” rating in a report on Friday, May 29th. JPMorgan Chase & Co. lifted their price target on shares of SentinelOne from $16.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Finally, TD Cowen reissued a “buy” rating on shares of SentinelOne in a report on Friday, May 29th. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and a consensus price target of $19.67.
Read Our Latest Research Report on S
About SentinelOne
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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