SentinelOne (NYSE:S) CEO Tomer Weingarten Sells 52,087 Shares of Company Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 52,087 shares of the company’s stock in a transaction on Friday, November 6th. The shares were sold at an average price of $21.91, for a total transaction of $1,141,226.17. Following the completion of the sale, the chief executive officer directly owned 1,665,423 shares in the company, valued at $36,489,417.93. This represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Monday, October 5th, Tomer Weingarten sold 527,368 shares of SentinelOne stock. The stock was sold at an average price of $25.26, for a total transaction of $13,321,315.68.
• On Friday, September 11th, Tomer Weingarten sold 114,890 shares of SentinelOne stock. The stock was sold at an average price of $19.89, for a total transaction of $2,285,162.10.
• On Tuesday, September 8th, Tomer Weingarten sold 38,759 shares of SentinelOne stock. The stock was sold at an average price of $19.79, for a total transaction of $767,040.61.

SentinelOne Stock Performance

S opened at $23.46 on Wednesday. The company has a market capitalization of $8.17 billion, a P/E ratio of -23.23 and a beta of 0.59. The company has a 50-day moving average of $23.15 and a 200-day moving average of $17.92. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $26.50.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. The business had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The company’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.22) earnings per share. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, sell-side analysts expect that SentinelOne, Inc. will post -0.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

S has been the topic of a number of research analyst reports. Rosenblatt Securities increased their target price on SentinelOne from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. Sanford C. Bernstein lowered SentinelOne from an “outperform” rating to a “market perform” rating and lifted their target price for the stock from $21.00 to $25.00 in a research report on Thursday, September 17th. Piper Sandler boosted their price target on SentinelOne from $15.00 to $20.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Stephens reissued an “overweight” rating and set a $26.00 price target on shares of SentinelOne in a research report on Friday, August 28th. Finally, FBN Securities lowered SentinelOne from an “outperform” rating to a “sector perform” rating and set a $24.00 price target on the stock. in a research report on Tuesday, October 6th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.61.

Hedge Funds Weigh In On SentinelOne

A number of large investors have recently bought and sold shares of the business. Voya Investment Management LLC boosted its stake in SentinelOne by 10.6% in the third quarter. Voya Investment Management LLC now owns 6,960,944 shares of the company’s stock valued at $165,392,000 after acquiring an additional 668,772 shares during the period. Wellington Management Group LLP raised its position in shares of SentinelOne by 216.0% during the 2nd quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock worth $85,110,000 after purchasing an additional 3,428,192 shares during the period. Dimensional Fund Advisors LP raised its position in shares of SentinelOne by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company’s stock worth $59,142,000 after purchasing an additional 461,411 shares during the period. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of SentinelOne during the 2nd quarter worth approximately $59,607,000. Finally, Bank of America Corp DE raised its position in shares of SentinelOne by 17.6% during the 1st quarter. Bank of America Corp DE now owns 2,519,928 shares of the company’s stock worth $32,457,000 after purchasing an additional 377,542 shares during the period. Institutional investors own 90.87% of the company’s stock.

Key Stories Impacting SentinelOne

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne may beat estimates in its next quarterly report, according to Zacks, which points to the company’s history of earnings surprises and factors it says currently favor another beat. Article: Why SentinelOne (S) is Poised to Beat Earnings Estimates Again
• Neutral Sentiment: Several executives, including CEO Tomer Weingarten, sold shares recently. The reported sales were made to cover tax withholding on vested equity awards; the CAO’s sales were under a pre-arranged Rule 10b5-1 plan. These transactions may draw investor attention, but their stated purpose makes them less indicative of negative views about the business. SEC filing

SentinelOne Company Profile

SentinelOne, Inc. is a cybersecurity company that develops software to help organizations detect, prevent and respond to cyber threats. Its Singularity platform uses artificial intelligence and automation to protect endpoints, cloud workloads and identities, and to support security operations. The platform includes endpoint protection and detection, cloud security, threat hunting and incident response capabilities. SentinelOne also offers security information and event management tools and Purple AI, which helps security teams investigate threats using natural-language queries.