Tomer Weingarten Sells 20,186 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 20,186 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $399,077.22. Following the completion of the transaction, the chief executive officer now owns 900,111 shares in the company, valued at $17,795,194.47. This trade represents a 2.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, March 21st, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $19.17, for a total transaction of $1,166,762.88.
• On Wednesday, March 19th, Tomer Weingarten sold 81,619 shares of SentinelOne stock. The stock was sold at an average price of $19.59, for a total transaction of $1,598,916.21.
• On Thursday, March 6th, Tomer Weingarten sold 39,477 shares of SentinelOne stock. The stock was 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 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 shares were sold at an average price of $22.52, for a total value of $1,370,657.28.

SentinelOne Stock Performance

S stock traded down $0.51 during midday trading on Friday, reaching $18.84. 2,779,489 shares of the company traded hands, compared to its average volume of 4,897,486. The firm has a market capitalization of $6.05 billion, a price-to-earnings ratio of -20.04 and a beta of 0.78. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $29.29. The business has a 50 day moving average of $21.71 and a 200-day moving average of $23.71.

Institutional Trading of SentinelOne

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its holdings in SentinelOne by 55.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock valued at $62,129,000 after purchasing an additional 921,572 shares during the last quarter. Cerity Partners LLC bought a new stake in SentinelOne in the third quarter worth about $1,315,000. Bridgewater Associates LP boosted its position in shares of SentinelOne by 2,814.7% during the third quarter. Bridgewater Associates LP now owns 317,438 shares of the company’s stock valued at $7,593,000 after buying an additional 306,547 shares during the period. MetLife Investment Management LLC grew its stake in shares of SentinelOne by 17.4% during the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock valued at $163,000 after buying an additional 1,012 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of SentinelOne by 1.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 124,096 shares of the company’s stock worth $2,968,000 after buying an additional 1,797 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on S shares. Sanford C. Bernstein decreased their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Barclays decreased their price objective on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Cantor Fitzgerald dropped their target price on shares of SentinelOne from $30.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday, March 13th. Canaccord Genuity Group decreased their price target on SentinelOne from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Finally, Robert W. Baird lowered their price objective on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 11th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, SentinelOne currently has a consensus rating of “Moderate Buy” and an average target price of $26.33.

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.