SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 53,811 shares of SentinelOne stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $20.08, for a total value of $1,080,524.88. Following the completion of the transaction, the chief executive officer directly owned 1,840,586 shares of the company’s stock, valued at $36,958,966.88. This represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Tomer Weingarten also recently made the following trade(s):
- On Friday, July 31st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $18.75, for a total value of $1,086,393.75.
- On Wednesday, July 1st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $17.71, for a total value 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 value of $881,282.61.
- On Thursday, June 11th, Tomer Weingarten sold 57,296 shares of SentinelOne stock. The stock was 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.
SentinelOne Trading Up 2.9%
S stock traded up $0.60 during mid-day trading on Friday, hitting $21.36. The stock had a trading volume of 5,991,110 shares, compared to its average volume of 8,003,759. The firm has a fifty day simple moving average of $17.36 and a 200 day simple moving average of $15.42. The firm has a market capitalization of $7.32 billion, a P/E ratio of -22.25 and a beta of 0.79. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $21.51.
Hedge Funds Weigh In On SentinelOne
A number of institutional investors and hedge funds have recently bought and sold shares of S. Allied Private Wealth LLC acquired a new stake in shares of SentinelOne during the second quarter valued at about $25,000. Allworth Financial LP raised its holdings in SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 726 shares during the last quarter. Danske Bank A S bought a new position in SentinelOne in the 3rd quarter valued at approximately $26,000. Assetmark Inc. boosted its position in SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after buying an additional 1,668 shares during the period. Finally, Spurstone Advisory Services LLC boosted its position in SentinelOne by 66.7% during the 4th quarter. Spurstone Advisory Services LLC now owns 2,500 shares of the company’s stock worth $38,000 after buying an additional 1,000 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on S shares. Jefferies Financial Group lifted their target price on SentinelOne from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Raymond James Financial downgraded shares of SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 price target on the stock. in a research note on Friday, May 29th. Oppenheimer lifted their price target on shares of SentinelOne from $18.00 to $21.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Wolfe Research set a $20.00 price target on shares of SentinelOne in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of SentinelOne from $16.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Eighteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $19.93.
Check Out Our Latest Report on SentinelOne
About SentinelOne
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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