SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 81,619 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 81,619 shares of the company’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $19.59, for a total value of $1,598,916.21. Following the sale, the chief executive officer now owns 879,494 shares of the company’s stock, valued at approximately $17,229,287.46. This represents a 8.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, March 6th, Tomer Weingarten sold 39,477 shares of SentinelOne stock. The stock was sold at an average price of $19.55, for a total value of $771,775.35.
• On Tuesday, February 11th, Tomer Weingarten sold 70,642 shares of SentinelOne stock. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24.
• On Thursday, February 6th, Tomer Weingarten sold 10,178 shares of SentinelOne stock. The shares were sold at an average price of $23.95, for a total value of $243,763.10.
• On Tuesday, January 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $22.52, for a total value of $1,370,657.28.

SentinelOne Price Performance

NYSE S opened at $19.27 on Friday. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29. The business has a 50 day simple moving average of $21.94 and a 200 day simple moving average of $23.81. The stock has a market capitalization of $6.19 billion, a P/E ratio of -20.50 and a beta of 0.78.

Institutional Investors Weigh In On SentinelOne

A number of hedge funds have recently added to or reduced their stakes in S. Principal Financial Group Inc. grew its stake in SentinelOne by 6.4% in the third quarter. Principal Financial Group Inc. now owns 18,491 shares of the company’s stock valued at $442,000 after acquiring an additional 1,111 shares during the period. Oppenheimer Asset Management Inc. acquired a new stake in SentinelOne in the third quarter valued at approximately $225,000. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of SentinelOne in the third quarter valued at approximately $2,094,000. Avior Wealth Management LLC lifted its holdings in shares of SentinelOne by 4.0% in the third quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock valued at $553,000 after purchasing an additional 898 shares in the last quarter. Finally, Segall Bryant & Hamill LLC bought a new position in shares of SentinelOne in the third quarter valued at approximately $8,800,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

S has been the subject of several research reports. Robert W. Baird dropped their target price on SentinelOne from $30.00 to $28.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th. Scotiabank dropped their target price on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating for the company in a research report on Thursday, March 13th. Jefferies Financial Group dropped their target price on SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Wells Fargo & Company dropped their target price on SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Finally, Citigroup lowered their price objective on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $26.33.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.