Tomer Weingarten Sells 60,864 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $19.17, for a total value of $1,166,762.88. Following the sale, the chief executive officer now directly owns 920,297 shares in the company, valued at approximately $17,642,093.49. This trade represents a 6.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, March 19th, Tomer Weingarten sold 81,619 shares of SentinelOne stock. The shares were sold at an average price of $19.59, for a total value of $1,598,916.21.
• On Thursday, March 6th, Tomer Weingarten sold 39,477 shares of SentinelOne stock. The shares were sold at an average price of $19.55, for a total value of $771,775.35.
• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The stock was sold at an average price of $24.22, for a total transaction of $1,710,949.24.
• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total transaction 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.

SentinelOne Stock Up 0.3 %

S traded up $0.06 during trading on Tuesday, hitting $20.17. 3,365,288 shares of the company’s stock were exchanged, compared to its average volume of 4,854,678. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The stock has a market cap of $6.48 billion, a P/E ratio of -21.46 and a beta of 0.78. The business’s 50 day moving average is $21.87 and its two-hundred day moving average is $23.79.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Erste Asset Management GmbH bought a new stake in SentinelOne during the 3rd quarter worth approximately $4,816,000. Charles Schwab Investment Management Inc. grew its holdings in SentinelOne by 55.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock worth $62,129,000 after buying an additional 921,572 shares in the last quarter. Carnegie Investment Counsel purchased a new stake in SentinelOne in the 4th quarter valued at $7,167,000. Franklin Resources Inc. lifted its stake in SentinelOne by 5.5% during the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company’s stock valued at $698,000 after acquiring an additional 1,366 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in SentinelOne by 74.8% during the 4th quarter. SG Americas Securities LLC now owns 57,142 shares of the company’s stock worth $1,269,000 after acquiring an additional 24,453 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on S. Wells Fargo & Company cut their target price on SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Cantor Fitzgerald cut their price objective on SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Barclays decreased their target price on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 11th. Canaccord Genuity Group dropped their price target on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Finally, Jefferies Financial Group decreased their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, SentinelOne has an average rating of “Moderate Buy” and an average target price of $26.33.

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.