SentinelOne, Inc. (NYSE:S) CEO Sells $1,710,949.24 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 70,642 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24. Following the sale, the chief executive officer now owns 939,726 shares of the company’s stock, valued at approximately $22,760,163.72. This represents a 6.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The shares were 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 transaction of $1,370,657.28.
• On Friday, December 13th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were 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 shares were sold at an average price of $23.61, for a total transaction of $1,938,758.76.

SentinelOne Price Performance

S stock opened at $24.81 on Friday. The stock has a market capitalization of $7.97 billion, a PE ratio of -26.39 and a beta of 0.75. The company’s 50-day moving average is $23.17 and its 200-day moving average is $24.25. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.36.

SentinelOne (NYSE:S) last released its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The company had revenue of $210.60 million for 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%. SentinelOne’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period last year, the company earned ($0.21) EPS. On average, analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SentinelOne

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bienville Capital Management LLC bought a new position in SentinelOne in the 4th quarter valued at about $6,141,000. Mercer Global Advisors Inc. ADV bought a new position in SentinelOne in the 4th quarter valued at about $821,000. One68 Global Capital LLC bought a new position in SentinelOne in the 4th quarter valued at about $895,000. Talon Private Wealth LLC bought a new position in SentinelOne in the 4th quarter valued at about $566,000. Finally, Comerica Bank lifted its position in SentinelOne by 3.0% in the 4th quarter. Comerica Bank now owns 902,445 shares of the company’s stock valued at $20,034,000 after acquiring an additional 26,090 shares in the last quarter. Institutional investors own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on S. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and boosted their price objective for the company from $25.00 to $32.00 in a research report on Tuesday, November 12th. Needham & Company LLC reiterated a “buy” rating and set a $32.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Susquehanna upped their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a report on Thursday, December 5th. Citigroup lowered their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Finally, Sanford C. Bernstein lowered their price target on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $29.56.

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.