SentinelOne (NYSE:S) CEO Sells $95,443.84 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 6,346 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $15.04, for a total transaction of $95,443.84. Following the completion of the transaction, the chief executive officer owned 1,145,608 shares of the company’s stock, valued at approximately $17,229,944.32. This trade represents a 0.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Tuesday, January 6th, Tomer Weingarten sold 51,595 shares of SentinelOne stock. The stock was sold at an average price of $15.12, for a total transaction of $780,116.40.
• On Thursday, December 11th, Tomer Weingarten sold 125,429 shares of SentinelOne stock. The shares were sold at an average price of $15.09, for a total value of $1,892,723.61.
• On Monday, December 8th, Tomer Weingarten sold 38,684 shares of SentinelOne stock. The stock was sold at an average price of $14.58, for a total value of $564,012.72.
• On Thursday, November 6th, Tomer Weingarten sold 90,100 shares of SentinelOne stock. The shares were sold at an average price of $16.47, for a total value of $1,483,947.00.

SentinelOne Price Performance

Shares of S opened at $15.30 on Friday. The business has a 50-day moving average of $15.74 and a 200-day moving average of $17.10. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of -12.24 and a beta of 0.77. SentinelOne, Inc. has a 1 year low of $14.43 and a 1 year high of $25.24.

SentinelOne (NYSE:S) last announced its earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The business had revenue of $258.91 million for the quarter, compared to analysts’ expectations of $256.19 million. During the same period in the prior year, the business posted ($0.25) earnings per share. The firm’s revenue was up 22.9% on a year-over-year basis. As a group, sell-side analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of SentinelOne from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Guggenheim reissued a “buy” rating and issued a $28.00 price objective on shares of SentinelOne in a research report on Friday, December 5th. Bank of America dropped their price objective on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Oppenheimer decreased their target price on SentinelOne from $26.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, December 5th. Finally, Piper Sandler reissued a “neutral” rating and issued a $17.00 price target (down from $20.00) on shares of SentinelOne in a research note on Sunday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and an average price target of $22.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of SentinelOne by 119.4% during the first quarter. AQR Capital Management LLC now owns 2,216,753 shares of the company’s stock worth $39,392,000 after purchasing an additional 1,206,594 shares during the period. Clearline Capital LP bought a new stake in SentinelOne during the 1st quarter valued at $1,449,000. Woodline Partners LP acquired a new position in SentinelOne during the first quarter worth $382,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in SentinelOne by 131.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company’s stock worth $79,532,000 after buying an additional 2,483,136 shares during the last quarter. Finally, Focus Partners Wealth bought a new position in shares of SentinelOne in the first quarter valued at $346,000. Institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.