Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells 82,116 Shares of Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 82,116 shares of SentinelOne stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $23.61, for a total transaction of $1,938,758.76. Following the completion of the sale, the chief executive officer now directly 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 SEC, which is available 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 shares were 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 stock was sold at an average price of $23.42, for a total transaction of $1,425,434.88.

SentinelOne Stock Down 0.5 %

Shares of S stock opened at $23.91 on Friday. The company has a market capitalization of $7.68 billion, a price-to-earnings ratio of -25.44 and a beta of 0.67. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The firm has a fifty day moving average of $26.36 and a 200-day moving average of $23.24.

SentinelOne (NYSE:S) last released its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). The firm had revenue of $210.60 million during the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.21) EPS. On average, equities analysts expect that SentinelOne, Inc. will post -0.75 EPS for the current year.

Institutional Trading of SentinelOne

Hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC increased its position in shares of SentinelOne by 220.6% in the second quarter. CWM LLC now owns 5,720 shares of the company’s stock valued at $120,000 after acquiring an additional 3,936 shares during the last quarter. Swedbank AB boosted its stake in shares of SentinelOne by 11.1% during the 2nd quarter. Swedbank AB now owns 2,000,000 shares of the company’s stock worth $42,100,000 after acquiring an additional 200,000 shares during the period. Blue Trust Inc. acquired a new position in shares of SentinelOne during the 2nd quarter worth approximately $27,000. Raymond James & Associates raised its stake in SentinelOne by 22.6% in the 2nd quarter. Raymond James & Associates now owns 308,226 shares of the company’s stock valued at $6,488,000 after acquiring an additional 56,888 shares during the period. Finally, Liberty One Investment Management LLC boosted its position in SentinelOne by 23.2% during the second quarter. Liberty One Investment Management LLC now owns 8,912 shares of the company’s stock worth $188,000 after purchasing an additional 1,678 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on S shares. Robert W. Baird lifted their price target on SentinelOne from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. JPMorgan Chase & Co. upped their target price on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Friday, November 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $25.00 price target on shares of SentinelOne in a report on Friday, September 13th. Sanford C. Bernstein dropped their price objective on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and increased their target price for the company from $25.00 to $32.00 in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.42.

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.