SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 38,759 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $19.79, for a total transaction of $767,040.61. Following the sale, the chief executive officer directly owned 1,801,827 shares of the company’s stock, valued at approximately $35,658,156.33. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 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 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 Price Performance
S opened at $19.83 on Friday. The stock has a market capitalization of $6.90 billion, a PE ratio of -19.64 and a beta of 0.77. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $23.95. The firm’s fifty day moving average price is $20.09 and its 200 day moving average price is $16.75.
Analyst Ratings Changes
Several analysts recently commented on S shares. Guggenheim raised their target price on SentinelOne from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Susquehanna boosted their target price on shares of SentinelOne from $20.00 to $28.00 and gave the stock a “positive” rating in a report on Monday, August 31st. DA Davidson reduced their target price on SentinelOne from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, May 29th. UBS Group upped their target price on SentinelOne from $16.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Finally, JPMorgan Chase & Co. lifted their price target on SentinelOne from $18.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Seventeen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $23.50.
Check Out Our Latest Research Report on SentinelOne
Hedge Funds Weigh In On SentinelOne
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new stake in shares of SentinelOne in the second quarter valued at $25,000. Allworth Financial LP grew its holdings in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 726 shares in the last quarter. Danske Bank A S purchased a new position in shares of SentinelOne during the third quarter valued at $26,000. EFG International AG acquired a new position in SentinelOne during the fourth quarter valued at $41,000. Finally, Root Financial Partners LLC raised its position in SentinelOne by 4,582.8% during the first quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock valued at $56,000 after buying an additional 4,262 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.
SentinelOne Company Profile
SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered software for protecting enterprises, governments and other organizations from cyber threats. Its Singularity Platform is designed to secure endpoints, cloud workloads, identities and enterprise data while helping customers detect, investigate and respond to attacks.
The company’s offerings include endpoint protection and detection, cloud security, identity security, managed detection and response, and security operations tools.
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