SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 57,941 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $18.75, for a total value of $1,086,393.75. Following the transaction, the chief executive officer directly owned 1,894,397 shares of the company’s stock, valued at approximately $35,519,943.75. The trade was a 2.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tomer Weingarten also recently made the following trade(s):
- On Wednesday, July 1st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were sold at an average price of $17.71, for a total transaction of $1,026,135.11.
- On Monday, June 15th, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were sold at an average price of $15.21, for a total transaction of $881,282.61.
- On Thursday, June 11th, Tomer Weingarten sold 57,296 shares of SentinelOne stock. The shares were sold at an average price of $14.60, for a total transaction of $836,521.60.
- On Monday, June 8th, Tomer Weingarten sold 39,118 shares of SentinelOne stock. The stock was sold at an average price of $15.73, for a total transaction of $615,326.14.
- On Wednesday, May 6th, Tomer Weingarten sold 21,960 shares of SentinelOne stock. The shares were sold at an average price of $15.65, for a total value of $343,674.00.
SentinelOne Stock Up 4.9%
Shares of S stock opened at $21.03 on Wednesday. The firm has a market capitalization of $7.21 billion, a P/E ratio of -21.90 and a beta of 0.79. SentinelOne, Inc. has a twelve month low of $11.81 and a twelve month high of $21.06. The stock’s fifty day simple moving average is $17.25 and its 200 day simple moving average is $15.33.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Woodline Partners LP acquired a new stake in SentinelOne during the first quarter worth approximately $382,000. Focus Partners Wealth bought a new position in shares of SentinelOne during the 1st quarter worth approximately $346,000. Prudential Financial Inc. grew its position in shares of SentinelOne by 28.4% during the 2nd quarter. Prudential Financial Inc. now owns 21,141 shares of the company’s stock worth $386,000 after buying an additional 4,680 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of SentinelOne by 540.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company’s stock valued at $78,000 after acquiring an additional 3,593 shares in the last quarter. Finally, Amundi increased its stake in shares of SentinelOne by 7.9% in the 2nd quarter. Amundi now owns 170,047 shares of the company’s stock valued at $3,083,000 after acquiring an additional 12,495 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Wedbush reiterated an “outperform” rating and set a $20.00 target price on shares of SentinelOne in a research report on Friday, May 29th. Wells Fargo & Company boosted their price objective on shares of SentinelOne from $14.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 target price on shares of SentinelOne in a research report on Wednesday, July 1st. Canaccord Genuity Group lifted their target price on SentinelOne from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Raymond James Financial cut SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 price target for the company. in a research note on Friday, May 29th. Eighteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $19.93.
Get Our Latest Stock Analysis on S
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.
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