SentinelOne, Inc. (NYSE:S) CEO Sells $1,938,758.76 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 82,116 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total value of $1,938,758.76. Following the sale, the chief executive officer now owns 959,682 shares of the company’s stock, valued at approximately $22,658,092.02. The trade was a 7.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.74, for a total value of $1,444,911.36.
• On Monday, November 11th, Tomer Weingarten sold 70,655 shares of SentinelOne stock. The stock was sold at an average price of $27.63, for a total value of $1,952,197.65.
• On Wednesday, November 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $26.25, for a total value of $266,831.25.
• 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 value of $1,539,859.20.
• On Monday, October 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $23.42, for a total value of $1,425,434.88.

SentinelOne Stock Performance

Shares of S stock opened at $23.91 on Monday. The stock’s fifty day moving average price is $26.36 and its two-hundred day moving average price is $23.26. The company has a market cap of $7.68 billion, a PE ratio of -25.44 and a beta of 0.67. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76.

SentinelOne (NYSE:S) last issued its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million during the quarter, compared to analyst estimates of $209.73 million. During the same period in the prior year, the business posted ($0.21) EPS. The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. On average, equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

Hedge funds have recently modified their holdings of the company. Champlain Investment Partners LLC bought a new position in SentinelOne during the 3rd quarter worth $80,604,000. Sylebra Capital LLC raised its position in SentinelOne by 33.7% during the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after purchasing an additional 2,282,980 shares during the last quarter. Atreides Management LP raised its position in SentinelOne by 137.3% during the 3rd quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after purchasing an additional 2,200,594 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in shares of SentinelOne in the 2nd quarter worth about $36,237,000. Finally, Eminence Capital LP raised its position in shares of SentinelOne by 24.2% in the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock worth $144,282,000 after acquiring an additional 1,337,145 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

S has been the subject of a number of recent analyst reports. Westpark Capital reiterated a “buy” rating and issued a $34.00 price objective on shares of SentinelOne in a report on Tuesday, December 3rd. Scotiabank boosted their target price on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, December 5th. Susquehanna boosted their target price on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a research note on Thursday, December 5th. Barclays reduced their price objective on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. Finally, DA Davidson upped their price objective on SentinelOne from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, SentinelOne presently has a consensus rating of “Moderate Buy” and an average target price of $29.42.

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.