SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 60,864 Shares

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $19.17, for a total value of $1,166,762.88. Following the transaction, the chief executive officer now owns 920,297 shares in the company, valued at $17,642,093.49. The trade was a 6.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Wednesday, March 19th, Tomer Weingarten sold 81,619 shares of SentinelOne stock. The shares were sold at an average price of $19.59, for a total value of $1,598,916.21.
• 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 transaction 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 transaction of $243,763.10.
• On Tuesday, January 7th, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28.

SentinelOne Stock Performance

NYSE S opened at $20.17 on Wednesday. The firm has a market capitalization of $6.48 billion, a price-to-earnings ratio of -21.46 and a beta of 0.78. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29. The company’s 50 day moving average price is $21.87 and its 200 day moving average price is $23.79.

Hedge Funds Weigh In On SentinelOne

Hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP raised its holdings in shares of SentinelOne by 27.9% during the 4th quarter. Wellington Management Group LLP now owns 1,443,286 shares of the company’s stock valued at $32,041,000 after buying an additional 314,506 shares during the period. California State Teachers Retirement System raised its stake in shares of SentinelOne by 0.5% during the fourth quarter. California State Teachers Retirement System now owns 259,147 shares of the company’s stock valued at $5,753,000 after purchasing an additional 1,210 shares during the period. Sylebra Capital LLC lifted its position in shares of SentinelOne by 6.2% during the fourth quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock worth $213,415,000 after purchasing an additional 564,327 shares in the last quarter. Brooklyn FI LLC boosted its stake in shares of SentinelOne by 1,688.9% in the fourth quarter. Brooklyn FI LLC now owns 161,000 shares of the company’s stock valued at $3,574,000 after purchasing an additional 152,000 shares during the period. Finally, Sunbelt Securities Inc. acquired a new stake in SentinelOne during the 4th quarter valued at $97,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

S has been the topic of several research analyst reports. Robert W. Baird decreased their price target on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. Scotiabank lowered their target price on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a report on Thursday, March 13th. Susquehanna dropped their price target on SentinelOne from $30.00 to $25.00 and set a “positive” rating for the company in a research report on Thursday, March 13th. Oppenheimer initiated coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective on the stock. Finally, Needham & Company LLC dropped their target price on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, SentinelOne currently has an average rating of “Moderate Buy” and an average price target of $26.33.

About SentinelOne

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.