SentinelOne (NYSE:S) CEO Tomer Weingarten Sells 39,472 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 39,472 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $13.48, for a total transaction of $532,082.56. Following the completion of the sale, the chief executive officer owned 1,083,073 shares in the company, valued at $14,599,824.04. This represents a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, February 6th, Tomer Weingarten sold 23,063 shares of SentinelOne stock. The stock was sold at an average price of $13.15, for a total transaction of $303,278.45.
• On Tuesday, January 6th, Tomer Weingarten sold 51,595 shares of SentinelOne stock. The stock was sold at an average price of $15.12, for a total value of $780,116.40.
• On Friday, January 2nd, Tomer Weingarten sold 6,346 shares of SentinelOne stock. The stock was sold at an average price of $15.04, for a total value of $95,443.84.
• On Thursday, December 11th, Tomer Weingarten sold 125,429 shares of SentinelOne stock. The stock was sold at an average price of $15.09, for a total value of $1,892,723.61.
• On Monday, December 8th, Tomer Weingarten sold 38,684 shares of SentinelOne stock. The shares were sold at an average price of $14.58, for a total value of $564,012.72.

SentinelOne Trading Down 2.3%

Shares of NYSE S opened at $13.31 on Friday. The business has a 50-day moving average of $14.47 and a 200-day moving average of $16.36. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of -10.65 and a beta of 0.77. SentinelOne, Inc. has a 12 month low of $12.43 and a 12 month high of $25.24.

SentinelOne (NYSE:S) last announced its earnings results on Thursday, December 4th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.02. The business had revenue of $258.91 million during the quarter, compared to analyst estimates of $256.19 million. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. SentinelOne’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.25) earnings per share. On average, analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on S shares. Rosenblatt Securities restated a “buy” rating and set a $24.00 price target on shares of SentinelOne in a research report on Friday, December 5th. Berenberg Bank began coverage on SentinelOne in a research report on Tuesday, November 18th. They set a “buy” rating and a $25.00 price objective on the stock. Oppenheimer dropped their target price on SentinelOne from $26.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, December 5th. Barclays reduced their price target on shares of SentinelOne from $21.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 19th. Finally, JPMorgan Chase & Co. decreased their price target on shares of SentinelOne from $19.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $21.72.

Institutional Trading of SentinelOne

Institutional investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. grew its holdings in shares of SentinelOne by 149.2% in the fourth quarter. Advisors Asset Management Inc. now owns 12,314 shares of the company’s stock worth $185,000 after purchasing an additional 7,373 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in SentinelOne by 17.8% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 31,590 shares of the company’s stock worth $474,000 after acquiring an additional 4,779 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new position in shares of SentinelOne in the fourth quarter valued at about $101,000. Commonwealth Equity Services LLC increased its position in shares of SentinelOne by 9.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 62,689 shares of the company’s stock valued at $940,000 after acquiring an additional 5,345 shares during the period. Finally, Tocqueville Asset Management L.P. raised its stake in shares of SentinelOne by 4.4% during the fourth quarter. Tocqueville Asset Management L.P. now owns 81,430 shares of the company’s stock valued at $1,221,000 after acquiring an additional 3,395 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.