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

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 527,368 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $25.26, for a total value of $13,321,315.68. Following the completion of the sale, the chief executive officer directly 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 the SEC website. 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 stock was 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 shares were 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 transaction of $1,086,393.75.

SentinelOne Stock Performance

Shares of SentinelOne stock traded up $0.41 during trading on Tuesday, hitting $25.84. 9,226,654 shares of the company’s stock were exchanged, compared to its average volume of 8,765,661. The business has a 50-day simple moving average of $21.85 and a 200-day simple moving average of $17.98. 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, Inc. has a 52-week low of $11.81 and a 52-week high of $26.34.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The company’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.22) earnings per share. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. On average, equities analysts anticipate that SentinelOne, Inc. will post -0.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors have recently modified their holdings of the company. Geode Capital Management LLC increased its position in shares of SentinelOne by 4.2% in the 4th quarter. Geode Capital Management LLC now owns 5,574,144 shares of the company’s stock valued at $83,630,000 after purchasing an additional 226,173 shares during the last quarter. Wellington Management Group LLP grew its holdings in SentinelOne by 216.0% during the second quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock worth $85,110,000 after acquiring an additional 3,428,192 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of SentinelOne by 11.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company’s stock valued at $59,142,000 after purchasing an additional 461,411 shares in the last quarter. Swedbank AB boosted its position in SentinelOne by 9.8% during the first quarter. Swedbank AB now owns 4,183,973 shares of the company’s stock worth $53,890,000 after purchasing an additional 374,659 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of SentinelOne in the 4th quarter worth about $54,770,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on S. Scotiabank restated an “outperform” rating on shares of SentinelOne in a research report on Friday, August 28th. Jefferies Financial Group set a $26.00 price target on shares of SentinelOne in a research note on Friday, August 28th. JPMorgan Chase & Co. raised their price target on shares of SentinelOne from $18.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, August 21st. Rosenblatt Securities reaffirmed a “buy” rating and set a $25.00 price target on shares of SentinelOne in a research report on Friday, August 28th. Finally, The Goldman Sachs Group upped their price objective on SentinelOne from $15.50 to $17.50 and gave the company a “neutral” rating in a report on Monday, August 31st. 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 company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.75.

SentinelOne Company Profile

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.