Tomer Weingarten Sells 10,165 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 10,165 shares of SentinelOne stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total value of $266,831.25. Following the completion of the sale, the chief executive officer now owns 1,029,332 shares of the company’s stock, valued at $27,019,965. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Wednesday, October 9th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20.
• On Monday, October 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.42, for a total transaction of $1,425,434.88.
• On Wednesday, September 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The stock was sold at an average price of $21.60, for a total value of $1,773,705.60.
• On Friday, September 6th, Tomer Weingarten sold 38,607 shares of SentinelOne stock. The shares were 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 shares were sold at an average price of $21.47, for a total transaction of $1,306,750.08.

SentinelOne Stock Down 1.2 %

Shares of NYSE:S opened at $27.57 on Friday. The firm has a 50 day moving average of $24.69 and a 200 day moving average of $22.35. The company has a market capitalization of $8.75 billion, a price-to-earnings ratio of -29.64 and a beta of 0.65. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.76.

SentinelOne (NYSE:S) last released its quarterly earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm had revenue of $198.94 million during the quarter, compared to analyst estimates of $197.32 million. During the same period in the previous year, the company posted ($0.26) EPS. The business’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 EPS for the current year.

Institutional Trading of SentinelOne

Institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its stake in SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after buying an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC boosted its stake in SentinelOne by 56.0% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after purchasing an additional 700 shares in the last quarter. Advisors Asset Management Inc. grew its position in SentinelOne by 19.3% during the 1st quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock worth $107,000 after purchasing an additional 743 shares during the last quarter. Archford Capital Strategies LLC increased its stake in SentinelOne by 1.8% during the 2nd quarter. Archford Capital Strategies LLC now owns 45,861 shares of the company’s stock valued at $965,000 after purchasing an additional 790 shares in the last quarter. Finally, Avior Wealth Management LLC raised its holdings in shares of SentinelOne by 4.0% in the third quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock worth $553,000 after buying an additional 898 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

S has been the topic of a number of analyst reports. Westpark Capital reaffirmed a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research report on Monday, August 26th. Wells Fargo & Company lifted their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, August 28th. Canaccord Genuity Group restated a “buy” rating and set a $30.00 target price on shares of SentinelOne in a research report on Friday, October 18th. JMP Securities reiterated a “market outperform” rating and issued a $33.00 price target on shares of SentinelOne in a report on Wednesday, August 28th. Finally, Wedbush raised shares of SentinelOne to a “strong-buy” rating in a report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $28.60.

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.