SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 231,664 shares of SentinelOne stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $15.32, for a total transaction of $3,549,092.48. Following the sale, the chief executive officer owned 2,012,771 shares in the company, valued at approximately $30,835,651.72. This represents a 10.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tomer Weingarten also recently made the following trade(s):
- On Friday, May 1st, Tomer Weingarten sold 100 shares of SentinelOne stock. The shares were sold at an average price of $15.00, for a total transaction of $1,500.00.
- On Wednesday, March 25th, Tomer Weingarten sold 72,523 shares of SentinelOne stock. The shares were sold at an average price of $13.37, for a total transaction of $969,632.51.
- On Tuesday, March 17th, Tomer Weingarten sold 38,864 shares of SentinelOne stock. The shares were sold at an average price of $14.47, for a total transaction of $562,362.08.
- On Friday, March 6th, Tomer Weingarten sold 36,932 shares of SentinelOne stock. The shares were sold at an average price of $13.81, for a total transaction of $510,030.92.
- On Wednesday, February 11th, Tomer Weingarten sold 39,472 shares of SentinelOne stock. The shares were sold at an average price of $13.48, for a total transaction of $532,082.56.
- On Friday, February 6th, Tomer Weingarten sold 23,063 shares of SentinelOne stock. The shares were sold at an average price of $13.15, for a total transaction of $303,278.45.
SentinelOne Stock Up 1.7%
Shares of NYSE S opened at $15.87 on Wednesday. SentinelOne, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $21.40. The firm’s 50-day simple moving average is $13.70 and its 200 day simple moving average is $14.74. The stock has a market cap of $5.40 billion, a P/E ratio of -11.67 and a beta of 0.78.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. Guggenheim restated a “buy” rating and set a $24.00 price objective on shares of SentinelOne in a research report on Friday, March 13th. Morgan Stanley reduced their price objective on shares of SentinelOne from $18.00 to $17.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Wedbush restated an “outperform” rating and set a $20.00 price objective on shares of SentinelOne in a research report on Friday, March 13th. DA Davidson reduced their price objective on shares of SentinelOne from $16.00 to $14.00 and set a “neutral” rating for the company in a research report on Thursday, March 5th. Finally, Oppenheimer reduced their price objective on shares of SentinelOne from $20.00 to $18.00 and set an “outperform” rating for the company in a research report on Friday, March 13th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $19.20.
Check Out Our Latest Stock Report on SentinelOne
Hedge Funds Weigh In On SentinelOne
A number of institutional investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. increased its stake in SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after purchasing an additional 692 shares in the last quarter. Allworth Financial LP increased its stake in SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares in the last quarter. Diversify Advisory Services LLC increased 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 worth $313,000 after purchasing an additional 753 shares in the last quarter. Main Management ETF Advisors LLC increased its stake in SentinelOne by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company’s stock worth $1,233,000 after purchasing an additional 840 shares in the last quarter. Finally, Krilogy Financial LLC increased its stake in SentinelOne by 3.8% in the 1st quarter. Krilogy Financial LLC now owns 24,519 shares of the company’s stock worth $342,000 after purchasing an additional 899 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.
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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