Tomer Weingarten Sells 39,477 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 39,477 shares of the business’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $771,775.35. Following the transaction, the chief executive officer now directly owns 900,249 shares of the company’s stock, valued at $17,599,867.95. This represents a 4.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The shares were sold at an average price of $24.22, for a total value of $1,710,949.24.
• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The stock was sold at an average price of $23.95, for a total value of $243,763.10.
• On Tuesday, January 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28.
• 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 transaction of $1,444,911.36.
• On Wednesday, December 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The stock was sold at an average price of $23.61, for a total transaction of $1,938,758.76.

SentinelOne Stock Down 0.3 %

NYSE:S traded down $0.07 during mid-day trading on Friday, reaching $19.84. 5,174,675 shares of the company were exchanged, compared to its average volume of 4,084,352. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The stock has a market cap of $6.37 billion, a PE ratio of -21.10 and a beta of 0.78. The company has a fifty day moving average of $22.70 and a 200 day moving average of $24.22.

SentinelOne (NYSE:S) last issued its quarterly 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 company 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 earned ($0.21) EPS. The business’s revenue for the quarter was up 28.3% on a year-over-year basis. On average, equities research analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on S. JPMorgan Chase & Co. increased 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. Jefferies Financial Group upgraded SentinelOne from a “hold” rating to a “buy” rating and raised their price objective for the stock from $27.00 to $30.00 in a research report on Thursday, December 19th. Scotiabank boosted their price objective on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research report on Thursday, December 5th. Barclays reduced their target price 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, Susquehanna lifted their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research note on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.48.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Sylebra Capital LLC boosted its stake in shares of SentinelOne by 6.2% in the 4th quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock valued at $213,415,000 after purchasing an additional 564,327 shares during the last quarter. Brooklyn FI LLC lifted its holdings in SentinelOne by 1,688.9% in the fourth quarter. Brooklyn FI LLC now owns 161,000 shares of the company’s stock valued at $3,574,000 after buying an additional 152,000 shares during the period. Sunbelt Securities Inc. bought a new position in SentinelOne in the fourth quarter valued at approximately $97,000. Castleark Management LLC acquired a new stake in SentinelOne during the 4th quarter worth $6,591,000. Finally, Ashford Capital Management Inc. raised its position in shares of SentinelOne by 16.4% during the 4th quarter. Ashford Capital Management Inc. now owns 766,355 shares of the company’s stock valued at $17,013,000 after acquiring an additional 107,920 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors.

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.