SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 10,178 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 10,178 shares of the company’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $243,763.10. Following the completion of the sale, the chief executive officer now directly owns 949,504 shares in the company, valued at approximately $22,740,620.80. The trade was a 1.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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.
• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $23.74, for a total transaction of $1,444,911.36.
• On Wednesday, December 11th, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The stock was sold at an average price of $23.61, for a total transaction of $1,938,758.76.
• On Monday, November 11th, Tomer Weingarten sold 70,655 shares of SentinelOne stock. The shares were sold at an average price of $27.63, for a total transaction of $1,952,197.65.

SentinelOne Stock Performance

NYSE:S opened at $23.93 on Friday. The business has a fifty day moving average price of $23.41 and a 200-day moving average price of $24.20. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). The company had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period last year, the business earned ($0.21) EPS. Equities research analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on S. Oppenheimer began coverage on SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price objective for the company. Barclays reduced their price target on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. Westpark Capital reiterated a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a research note on Tuesday, December 3rd. DA Davidson raised their price objective on shares of SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Finally, Sanford C. Bernstein dropped 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. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and a consensus target price of $29.56.

Hedge Funds Weigh In On SentinelOne

Several large investors have recently added to or reduced their stakes in S. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in SentinelOne by 24.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 154,650 shares of the company’s stock valued at $3,433,000 after acquiring an additional 30,554 shares during the period. OFI Invest Asset Management bought a new stake in SentinelOne during the 4th quarter valued at approximately $403,000. Banco Santander S.A. lifted its holdings in SentinelOne by 7.9% in the 4th quarter. Banco Santander S.A. now owns 225,656 shares of the company’s stock worth $5,010,000 after purchasing an additional 16,544 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its stake in SentinelOne by 7.5% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 26,549 shares of the company’s stock worth $650,000 after purchasing an additional 1,854 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in SentinelOne during the 4th quarter valued at approximately $26,082,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

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.