SentinelOne, Inc. (NYSE:S) CEO Sells $1,166,762.88 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $19.17, for a total transaction of $1,166,762.88. Following the transaction, the chief executive officer now directly owns 920,297 shares of the company’s stock, valued at approximately $17,642,093.49. This represents a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 shares were 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 value of $1,370,657.28.

SentinelOne Stock Performance

S opened at $19.33 on Friday. The company has a market capitalization of $6.21 billion, a PE ratio of -20.57 and a beta of 0.78. The stock’s fifty day moving average is $21.78 and its 200-day moving average is $23.73. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29.

Institutional Inflows and Outflows

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

Analysts Set New Price Targets

A number of analysts have weighed in on S shares. Needham & Company LLC dropped their target price on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. JPMorgan Chase & Co. lowered their price objective on shares of SentinelOne from $33.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Bank of America cut their target price on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Guggenheim reaffirmed a “buy” rating and set a $31.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Finally, Morgan Stanley began coverage on SentinelOne in a report on Tuesday, March 18th. They issued an “equal weight” rating and a $20.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $26.33.

SentinelOne Company Profile

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.