SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 60,864 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $23.42, for a total transaction of $1,425,434.88. Following the completion of the sale, the chief executive officer now directly owns 1,039,497 shares of the company’s stock, valued at approximately $24,345,019.74. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, September 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $21.60, for a total transaction of $1,773,705.60.
• On Friday, September 6th, Tomer Weingarten sold 38,607 shares of SentinelOne stock. The stock was sold at an average price of $22.80, for a total value of $880,239.60.
• On Monday, August 12th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $21.47, for a total value of $1,306,750.08.
• On Thursday, August 8th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $21.17, for a total value of $1,288,490.88.
• On Tuesday, August 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $20.56, for a total transaction of $208,992.40.
• On Thursday, July 18th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $20.54, for a total transaction of $1,250,146.56.
• On Tuesday, July 16th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $21.83, for a total transaction of $1,328,661.12.

SentinelOne Price Performance

Shares of NYSE:S opened at $25.11 on Thursday. The business’s 50 day moving average price is $23.23 and its 200-day moving average price is $21.69. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The firm has a market capitalization of $7.97 billion, a price-to-earnings ratio of -24.62 and a beta of 0.67.

SentinelOne (NYSE:S) last announced its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The business had revenue of $198.94 million for the quarter, compared to analyst estimates of $197.32 million. During the same quarter last year, the business earned ($0.26) earnings per share. The company’s revenue for the quarter was up 33.1% compared to the same quarter last year. On average, sell-side analysts expect that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on S shares. Wedbush boosted their price objective on shares of SentinelOne from $20.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. Citigroup boosted their price target on SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 28th. Guggenheim reiterated a “buy” rating and issued a $23.00 target price on shares of SentinelOne in a research note on Tuesday, June 25th. Sanford C. Bernstein decreased their target price on shares of SentinelOne from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, August 28th. Finally, Wells Fargo & Company boosted their price target on SentinelOne from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, SentinelOne has an average rating of “Moderate Buy” and an average target price of $27.83.

Hedge Funds Weigh In On SentinelOne

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of SentinelOne by 7.2% during the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock worth $586,456,000 after purchasing an additional 1,694,407 shares in the last quarter. Eminence Capital LP boosted its stake in SentinelOne by 24.2% during the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock worth $144,282,000 after purchasing an additional 1,337,145 shares during the last quarter. Sylebra Capital LLC raised its position in shares of SentinelOne by 10.5% in the second quarter. Sylebra Capital LLC now owns 6,765,974 shares of the company’s stock valued at $142,424,000 after buying an additional 643,097 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of SentinelOne by 19.2% in the second quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company’s stock worth $77,299,000 after buying an additional 590,628 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its stake in shares of SentinelOne by 0.8% in the second quarter. Clearbridge Investments LLC now owns 2,630,615 shares of the company’s stock worth $55,374,000 after buying an additional 20,600 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.