Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells $1,952,197.65 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 70,655 shares of SentinelOne stock in a transaction on Monday, November 11th. The shares were sold at an average price of $27.63, for a total value of $1,952,197.65. Following the completion of the sale, the chief executive officer now owns 1,019,541 shares in the company, valued at $28,169,917.83. This represents a 6.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, November 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $26.25, for a total value of $266,831.25.
• On Wednesday, October 9th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20.
• On Monday, October 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.42, for a total transaction of $1,425,434.88.
• On Wednesday, September 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $21.60, for a total transaction of $1,773,705.60.
• On Friday, September 6th, Tomer Weingarten sold 38,607 shares of SentinelOne stock. The stock was sold at an average price of $22.80, for a total transaction of $880,239.60.

SentinelOne Stock Down 4.6 %

Shares of S opened at $26.11 on Friday. The company has a market capitalization of $8.28 billion, a price-to-earnings ratio of -28.08 and a beta of 0.65. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $30.76. The stock has a 50 day moving average price of $25.12 and a 200 day moving average price of $22.54.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The company’s revenue was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.26) EPS. On average, equities analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently bought and sold shares of S. SG Americas Securities LLC lifted its stake in SentinelOne by 85.0% in the first quarter. SG Americas Securities LLC now owns 14,811 shares of the company’s stock valued at $345,000 after buying an additional 6,805 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in SentinelOne by 10.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 25,871 shares of the company’s stock valued at $603,000 after purchasing an additional 2,498 shares during the last quarter. Swiss National Bank boosted its stake in SentinelOne by 2.9% during the 1st quarter. Swiss National Bank now owns 466,600 shares of the company’s stock worth $10,876,000 after purchasing an additional 13,200 shares during the period. Sei Investments Co. grew its position in SentinelOne by 41.8% during the 1st quarter. Sei Investments Co. now owns 132,105 shares of the company’s stock worth $3,079,000 after purchasing an additional 38,967 shares during the last quarter. Finally, Qsemble Capital Management LP acquired a new position in SentinelOne in the first quarter valued at $370,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on S. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a “hold” rating to a “buy” rating and upped their price target for the stock from $25.00 to $32.00 in a research note on Tuesday. DA Davidson increased their target price on SentinelOne from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Sanford C. Bernstein dropped their target price on SentinelOne from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, August 28th. Robert W. Baird increased their price target on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Finally, Loop Capital raised their price objective on shares of SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.73.

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.