Tomer Weingarten Sells 47,365 Shares of SentinelOne, Inc. (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 47,365 shares of SentinelOne stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of $22.28, for a total value 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

SentinelOne Trading Down 3.4 %

Shares of S opened at $21.72 on Friday. SentinelOne, Inc. has a 52 week low of $12.43 and a 52 week high of $30.76. The firm has a market cap of $6.73 billion, a price-to-earnings ratio of -18.72 and a beta of 0.66. The stock has a 50 day moving average of $25.69 and a 200-day moving average of $22.64.

SentinelOne (NYSE:S) last released its quarterly earnings data on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The firm had revenue of $174.18 million during the quarter, compared to the consensus estimate of $169.40 million. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The firm’s revenue was up 38.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.30) earnings per share. On average, sell-side analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors have recently modified their holdings of S. Optimum Investment Advisors lifted its holdings in shares of SentinelOne by 56,000.0% in the 1st quarter. Optimum Investment Advisors now owns 5,610 shares of the company’s stock worth $131,000 after purchasing an additional 5,600 shares during the last quarter. Renaissance Capital LLC increased its position in SentinelOne by 5.8% in the first quarter. Renaissance Capital LLC now owns 157,858 shares of the company’s stock worth $3,680,000 after buying an additional 8,633 shares during the period. Avondale Wealth Management lifted its stake in SentinelOne by 5.2% in the first quarter. Avondale Wealth Management now owns 51,000 shares of the company’s stock valued at $1,189,000 after buying an additional 2,500 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new position in shares of SentinelOne during the fourth quarter valued at $30,000. Finally, PNC Financial Services Group Inc. grew its position in shares of SentinelOne by 14.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 27,096 shares of the company’s stock worth $744,000 after acquiring an additional 3,400 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

S has been the topic of a number of research reports. Needham & Company LLC raised their price objective on SentinelOne from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Tuesday, March 12th. StockNews.com raised shares of SentinelOne to a “sell” rating in a research report on Friday, January 12th. Morgan Stanley boosted their price objective on shares of SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Thursday, March 14th. JMP Securities reissued a “market outperform” rating and issued a $33.00 target price on shares of SentinelOne in a research note on Monday, April 1st. Finally, Bank of America upgraded SentinelOne from a “neutral” rating to a “buy” rating and raised their target price for the company from $26.50 to $35.00 in a report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $26.04.

SentinelOne Company Profile

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.