SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 60,864 Shares

SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 60,864 shares of the company’s stock in a transaction on Tuesday, July 16. The shares were sold at an average price of $21.83, for a total transaction of $1,328,661.12. Following the completion of the transaction, the chief executive officer now directly owns 1,119,312 shares of the company’s stock, valued at $24,434,580.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, available at this link.

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

• On Thursday, July 18, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $20.54, for a total transaction of $1,250,146.56.
• On Thursday, June 13, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $18.25, for a total transaction of $1,110,768.00.
• On Tuesday, June 11, Tomer Weingarten sold 82,116 shares of SentinelOne stock. The shares were sold at an average price of $17.40, for a total transaction of $1,428,818.40.
• On Thursday, June 6, Tomer Weingarten sold 38,607 shares of SentinelOne stock. The shares were sold at an average price of $17.30, for a total transaction of $667,901.10.
• On Monday, May 13, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $21.54, for a total transaction of $1,311,010.56.
• On Thursday, May 9, Tomer Weingarten sold 91,914 shares of SentinelOne stock. The shares were sold at an average price of $21.14, for a total transaction of $1,943,061.96.
• On Monday, May 6, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The shares were sold at an average price of $21.26, for a total transaction of $216,107.90.

SentinelOne trades up 7.8%

S stock opened at $21.72 on Friday. SentinelOne, Inc. has a 12-month low of $13.87 and a 12-month high of $30.76. The company has a market cap of $6.80 billion, a P/E ratio of -21.29, and a beta of 0.66. The company has a 50-day moving average of $19.89 and a 200-day moving average of $23.00.

SentinelOne (NYSE:S – Get Free Report) last announced its earnings results on Thursday, May 30. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.18). SentinelOne had a negative net margin of 44.79% and a negative return on equity of 16.48%. The company had revenue of $186.36 million for the quarter, compared to the consensus estimate of $181.11 million. In the prior-year quarter, the company earned ($0.35) EPS. The company’s revenue for the quarter was 39.7% higher than the year-ago quarter. Sell-side analysts predict that SentinelOne, Inc. will post -0.73 EPS for the current year.

Analysts set new price targets

A number of research firms recently issued reports on S. JMP Securities, who reiterated a “market outperform” rating and set a $33.00 price target on shares of SentinelOne in a report on Friday, May 31st. Canaccord Genuity Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and lowered their price target on the stock from $28.00 to $23.00 in a report on Tuesday, June 4th. Bank of America lowered their price target on shares of SentinelOne from $35.00 to $29.00 and set a “buy” rating on the company in a report on Friday, May 31st. Canaccord Genuity Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and lowered their price target on the stock from $28.00 to $23.00 in a report on Tuesday, June 4th. Finally, Loop Capital lowered their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 31st. One equities analyst has rated the stock with a sell rating, eight have assigned a hold rating, seventeen have given a buy rating, and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $24.87.

Check out our latest analysis on S

Institutional investors weigh SentinelOne

Hedge funds have been buying and selling shares of the company recently. Blue Trust Inc. purchased a new stake in SentinelOne during the second quarter worth approximately $27,000. Newbridge Financial Services Group Inc. purchased a new position in shares of SentinelOne during the fourth quarter worth approximately $30,000. Sugarloaf Wealth Management LLC increased its stake in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after acquiring an additional 700 shares in the last quarter. BI Asset Management Fondsmaeglerselskab AS purchased a new position in shares of SentinelOne during the first quarter worth approximately $80,000. Finally, Advisors Asset Management Inc. increased its stake in shares of SentinelOne by 19.3% during the first quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock, worth $107,000, after acquiring an additional 743 shares in the last quarter. 90.87% of the shares are currently held by institutional investors.

About SentinelOne

(Get free report)

SentinelOne, Inc. is a cybersecurity provider operating in the United States and internationally. The Singularity Platform delivers autonomous, AI-driven threat prevention, detection and response capabilities across an organization’s endpoints, cloud workloads and credentials, enabling seamless and autonomous protection against a spectrum of cyber threats.

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