SentinelOne (NYSE:S) CEO Sells $13,321,315.68 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 527,368 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $25.26, for a total value of $13,321,315.68. Following the sale, the chief executive officer owned 1,717,510 shares of the company’s stock, valued at $43,384,302.60. The trade was a 23.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 Friday, September 11th, Tomer Weingarten sold 114,890 shares of SentinelOne stock. The shares were sold at an average price of $19.89, for a total transaction of $2,285,162.10.
• On Tuesday, September 8th, Tomer Weingarten sold 38,759 shares of SentinelOne stock. The shares were sold at an average price of $19.79, for a total value of $767,040.61.
• 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 transaction of $1,086,393.75.

SentinelOne Stock Up 1.6%

SentinelOne stock traded up $0.41 during mid-day trading on Tuesday, hitting $25.84. 9,226,654 shares of the stock were exchanged, compared to its average volume of 8,765,661. The firm’s fifty day simple moving average is $21.85 and its two-hundred day simple moving average is $17.98. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $26.34. The stock has a market capitalization of $8.99 billion, a price-to-earnings ratio of -25.58 and a beta of 0.70.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The company had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. During the same period last year, the firm earned ($0.22) earnings per share. The firm’s revenue was up 20.6% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, analysts forecast that SentinelOne, Inc. will post -0.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

Hedge funds and other institutional investors have recently made changes to their positions in the business. Arizona State Retirement System raised its position in shares of SentinelOne by 0.7% during the second quarter. Arizona State Retirement System now owns 87,546 shares of the company’s stock valued at $1,486,000 after buying an additional 638 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in SentinelOne by 0.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company’s stock worth $1,154,000 after purchasing an additional 784 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of SentinelOne by 29.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,685 shares of the company’s stock valued at $63,000 after purchasing an additional 843 shares during the last quarter. Caerus Investment Advisors LLC boosted its holdings in shares of SentinelOne by 6.0% during the 1st quarter. Caerus Investment Advisors LLC now owns 15,390 shares of the company’s stock valued at $198,000 after purchasing an additional 877 shares during the last quarter. Finally, Krilogy Financial LLC grew its position in shares of SentinelOne by 3.8% during the first quarter. Krilogy Financial LLC now owns 24,519 shares of the company’s stock valued at $342,000 after purchasing an additional 899 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on S shares. TD Cowen increased their price objective on SentinelOne from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Friday. Wedbush assumed coverage on shares of SentinelOne in a research note on Friday, September 11th. They set an “outperform” rating and a $25.00 price target on the stock. Jefferies Financial Group set a $26.00 price objective on shares of SentinelOne in a research note on Friday, August 28th. Sanford C. Bernstein cut shares of SentinelOne from an “outperform” rating to a “market perform” rating and lifted their target price for the stock from $21.00 to $25.00 in a research report on Thursday, September 17th. Finally, Needham & Company LLC raised their price objective on SentinelOne from $20.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, August 28th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.75.

About SentinelOne

SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.

The company’s offerings include endpoint protection and detection and response, cloud security, identity security, security operations tools and data management capabilities.