SentinelOne (NYSE:S) CEO Tomer Weingarten Sells 38,759 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 38,759 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.79, for a total transaction of $767,040.61. Following the completion of the transaction, the chief executive officer owned 1,801,827 shares in the company, valued at approximately $35,658,156.33. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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 Thursday, August 6th, Tomer Weingarten sold 53,811 shares of SentinelOne stock. The stock was sold at an average price of $20.08, for a total value of $1,080,524.88.
• On Friday, July 31st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were 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 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 value 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 value of $836,521.60.

SentinelOne Stock Up 0.1%

Shares of SentinelOne stock traded up $0.03 on Wednesday, reaching $19.46. The stock had a trading volume of 3,863,583 shares, compared to its average volume of 8,134,561. The stock has a market capitalization of $6.77 billion, a P/E ratio of -19.26 and a beta of 0.77. The company has a 50 day moving average price of $20.00 and a 200 day moving average price of $16.68. SentinelOne, Inc. has a 1 year low of $11.81 and a 1 year high of $23.95.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. The company had revenue of $291.98 million during the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The firm’s revenue was up 20.6% compared to the same quarter last year. During the same period last year, the business posted ($0.22) earnings per share. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. On average, analysts forecast that SentinelOne, Inc. will post -0.45 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Allied Private Wealth LLC purchased a new position in SentinelOne in the second quarter worth approximately $25,000. Allworth Financial LP grew its holdings in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares during the period. Danske Bank A S acquired a new stake in shares of SentinelOne during the 3rd quarter worth about $26,000. EFG International AG acquired a new position in SentinelOne in the fourth quarter valued at about $41,000. Finally, Daiwa Securities Group Inc. boosted its stake in SentinelOne by 25.2% during the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after buying an additional 692 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on S. Canaccord Genuity Group boosted their price objective on shares of SentinelOne from $18.00 to $25.00 and gave the company a “buy” rating in a report on Friday, August 28th. Wolfe Research set a $20.00 price target on SentinelOne in a research report on Friday, May 29th. Stephens reissued an “overweight” rating and issued a $26.00 price objective on shares of SentinelOne in a report on Friday, August 28th. Raymond James Financial cut SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 price objective for the company. in a research note on Friday, May 29th. Finally, Piper Sandler lifted their target price on SentinelOne from $15.00 to $20.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.33.

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.