SentinelOne, Inc. (NYSE:S – Get Free Report) CAO Robin Tomasello sold 11,905 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $15.70, for a total value of $186,908.50. Following the transaction, the chief accounting officer directly owned 445,330 shares of the company’s stock, valued at approximately $6,991,681. This trade represents a 2.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Robin Tomasello also recently made the following trade(s):
- On Wednesday, May 6th, Robin Tomasello sold 2,459 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total value of $38,483.35.
- On Wednesday, March 25th, Robin Tomasello sold 1,496 shares of SentinelOne stock. The stock was sold at an average price of $13.37, for a total value of $20,001.52.
SentinelOne Stock Down 3.0%
Shares of SentinelOne stock traded down $0.46 on Wednesday, reaching $14.78. The company’s stock had a trading volume of 6,151,201 shares, compared to its average volume of 8,505,000. The company has a market capitalization of $5.07 billion, a price-to-earnings ratio of -15.39 and a beta of 0.83. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $21.40. The firm’s fifty day simple moving average is $15.34 and its two-hundred day simple moving average is $14.73.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the company. Scotiabank upped their price target on SentinelOne from $15.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Friday, May 29th. Jefferies Financial Group lifted their target price on SentinelOne from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. boosted their price objective on SentinelOne from $16.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Oppenheimer boosted their target price on SentinelOne from $18.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley reduced their price objective on SentinelOne from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Seventeen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $19.67.
Read Our Latest Research Report on S
Hedge Funds Weigh In On SentinelOne
Several hedge funds have recently made changes to their positions in the company. Daiwa Securities Group Inc. increased its position in shares of SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after acquiring an additional 692 shares during the period. Allworth Financial LP boosted its stake 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 acquiring an additional 726 shares in the last quarter. Diversify Advisory Services LLC lifted its stake in SentinelOne by 3.5% in the 4th quarter. Diversify Advisory Services LLC now owns 22,492 shares of the company’s stock valued at $313,000 after buying an additional 753 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings 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 valued at $1,154,000 after purchasing an additional 784 shares in the last quarter. Finally, Main Management ETF Advisors LLC raised its holdings in SentinelOne by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company’s stock valued at $1,233,000 after acquiring an additional 840 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.
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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