SentinelOne, Inc. (NYSE:S – Get Free Report) CAO Robin Tomasello sold 21,440 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $19.67, for a total value of $421,724.80. Following the transaction, the chief accounting officer directly owned 418,423 shares in the company, valued at approximately $8,230,380.41. This represents a 4.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Robin Tomasello also recently made the following trade(s):
- On Thursday, August 6th, Robin Tomasello sold 5,467 shares of SentinelOne stock. The stock was sold at an average price of $20.08, for a total value of $109,777.36.
SentinelOne Stock Up 0.1%
NYSE S opened at $19.46 on Thursday. The company has a fifty day moving average of $20.00 and a two-hundred day moving average of $16.68. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of -19.26 and a beta of 0.77. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $23.95.
Hedge Funds Weigh In On SentinelOne
Institutional investors have recently modified their holdings of the stock. First Trust Advisors LP raised its stake in shares of SentinelOne by 38.1% during the fourth quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock valued at $197,202,000 after acquiring an additional 3,624,707 shares in the last quarter. Legal & General Group Plc increased its holdings in SentinelOne by 4.2% during the 4th quarter. Legal & General Group Plc now owns 8,551,878 shares of the company’s stock worth $128,278,000 after purchasing an additional 346,014 shares during the period. AQR Capital Management LLC increased its holdings in SentinelOne by 93.4% during the 4th quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock worth $123,182,000 after purchasing an additional 3,965,519 shares during the period. California State Teachers Retirement System raised its position in SentinelOne by 1,616.3% during the 2nd quarter. California State Teachers Retirement System now owns 6,147,399 shares of the company’s stock valued at $104,321,000 after purchasing an additional 5,789,226 shares in the last quarter. Finally, State Street Corp raised its position in SentinelOne by 2.0% during the 4th quarter. State Street Corp now owns 5,709,330 shares of the company’s stock valued at $85,640,000 after purchasing an additional 110,834 shares in the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. The Goldman Sachs Group increased their price objective on shares of SentinelOne from $15.50 to $17.50 and gave the stock a “neutral” rating in a research report on Monday, August 31st. Wedbush restated an “outperform” rating and set a $20.00 target price on shares of SentinelOne in a research report on Friday, May 29th. Rosenblatt Securities reiterated a “buy” rating and issued a $25.00 price target on shares of SentinelOne in a report on Friday, August 28th. Susquehanna raised their price target on SentinelOne from $20.00 to $28.00 and gave the stock a “positive” rating in a research note on Monday, August 31st. Finally, Guggenheim boosted their price objective on SentinelOne from $24.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.33.
Check Out Our Latest Stock Analysis on SentinelOne
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.
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