Insider Selling: SentinelOne, Inc. (NYSE:S) CEO Sells 47,365 Shares of Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 47,365 shares of the company’s stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $22.28, for a total transaction of $1,055,292.20. Following the completion of the sale, the chief executive officer now owns 1,285,122 shares of the company’s stock, valued at approximately $28,632,518.16. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Tuesday, April 9th, Tomer Weingarten sold 47,365 shares of SentinelOne stock. The shares were sold at an average price of $22.57, for a total value of $1,069,028.05.
• On Wednesday, March 6th, Tomer Weingarten sold 69,427 shares of SentinelOne stock. The shares were sold at an average price of $27.09, for a total value of $1,880,777.43.
• On Thursday, February 8th, Tomer Weingarten sold 47,365 shares of SentinelOne stock. The stock was sold at an average price of $28.97, for a total value of $1,372,164.05.
• On Tuesday, February 6th, Tomer Weingarten sold 10,165 shares of SentinelOne stock. The stock was sold at an average price of $27.68, for a total transaction of $281,367.20.

SentinelOne Price Performance

Shares of SentinelOne stock traded down $0.77 during trading on Friday, hitting $21.72. 3,137,403 shares of the company’s stock traded hands, compared to its average volume of 6,065,879. The company has a market cap of $6.73 billion, a PE ratio of -19.39 and a beta of 0.66. The firm’s fifty day moving average price is $25.80 and its 200 day moving average price is $22.55. SentinelOne, Inc. has a twelve month low of $12.43 and a twelve month high of $30.76.

SentinelOne (NYSE:S) last released its quarterly earnings data on Wednesday, March 13th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. The company had revenue of $174.18 million for the quarter, compared to the consensus estimate of $169.40 million. During the same period in the previous year, the business earned ($0.30) earnings per share. The company’s quarterly revenue was up 38.1% on a year-over-year basis. As a group, equities research analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on S. StockNews.com upgraded shares of SentinelOne to a “sell” rating in a report on Friday, January 12th. DA Davidson increased their price objective on SentinelOne from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Thursday, March 14th. JMP Securities restated a “market outperform” rating and issued a $33.00 target price on shares of SentinelOne in a report on Monday, April 1st. Needham & Company LLC lifted their price target on shares of SentinelOne from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Tuesday, March 12th. Finally, BTIG Research upgraded shares of SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $26.04.

Institutional Investors Weigh In On SentinelOne

A number of hedge funds have recently added to or reduced their stakes in the stock. Evoke Wealth LLC raised its position in shares of SentinelOne by 0.3% during the fourth quarter. Evoke Wealth LLC now owns 141,557 shares of the company’s stock worth $3,884,000 after acquiring an additional 378 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in SentinelOne by 3.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 17,330 shares of the company’s stock worth $476,000 after purchasing an additional 519 shares during the period. Commonwealth Equity Services LLC raised its holdings in SentinelOne by 3.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 18,039 shares of the company’s stock worth $295,000 after purchasing an additional 653 shares during the last quarter. Sei Investments Co. lifted its position in SentinelOne by 1.0% during the 4th quarter. Sei Investments Co. now owns 72,447 shares of the company’s stock valued at $1,057,000 after purchasing an additional 723 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of SentinelOne by 4.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 16,618 shares of the company’s stock valued at $456,000 after purchasing an additional 755 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats.