SentinelOne (NYSE:S) CEO Tomer Weingarten Sells 38,684 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 38,684 shares of SentinelOne stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $14.58, for a total value of $564,012.72. Following the completion of the transaction, the chief executive officer owned 1,213,096 shares of the company’s stock, valued at approximately $17,686,939.68. The trade was a 3.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, November 6th, Tomer Weingarten sold 90,100 shares of SentinelOne stock. The shares were sold at an average price of $16.47, for a total value of $1,483,947.00.
• On Monday, October 6th, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $18.02, for a total value of $1,044,096.82.
• On Thursday, September 11th, Tomer Weingarten sold 162,794 shares of SentinelOne stock. The stock was sold at an average price of $18.38, for a total value of $2,992,153.72.

SentinelOne Stock Up 2.9%

S stock traded up $0.43 during mid-day trading on Wednesday, reaching $15.27. The company had a trading volume of 16,982,234 shares, compared to its average volume of 6,110,296. SentinelOne, Inc. has a one year low of $14.48 and a one year high of $25.24. The stock has a market capitalization of $5.10 billion, a P/E ratio of -12.22 and a beta of 0.76. The stock’s 50-day simple moving average is $16.81 and its two-hundred day simple moving average is $17.57.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $258.91 million for the quarter, compared to analysts’ expectations of $256.19 million. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The company’s revenue for the quarter was up 22.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.25) EPS. On average, research analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of S. Allworth Financial LP boosted its position in 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 acquiring an additional 726 shares during the period. IFP Advisors Inc grew its position in SentinelOne by 42.4% during the third quarter. IFP Advisors Inc now owns 13,599 shares of the company’s stock valued at $239,000 after purchasing an additional 4,049 shares in the last quarter. Swiss Life Asset Management Ltd purchased a new position in SentinelOne during the third quarter valued at approximately $239,000. Strategic Advocates LLC acquired a new position in SentinelOne in the 3rd quarter valued at approximately $26,000. Finally, Sunbelt Securities Inc. boosted its stake in shares of SentinelOne by 263.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 15,717 shares of the company’s stock valued at $277,000 after buying an additional 11,392 shares during the period. Institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. JMP Securities set a $23.00 target price on SentinelOne in a research report on Friday, December 5th. TD Cowen dropped their price target on shares of SentinelOne from $24.00 to $22.00 and set a “buy” rating on the stock in a research report on Friday, December 5th. Robert W. Baird upped their price target on shares of SentinelOne from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Westpark Capital reiterated a “buy” rating and issued a $25.00 price objective on shares of SentinelOne in a report on Friday, December 5th. Finally, Scotiabank boosted their target price on SentinelOne from $18.00 to $21.00 and gave the stock a “sector perform” rating in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.43.

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.