SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten Sells 20,186 Shares of Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 20,186 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $399,077.22. Following the completion of the sale, the chief executive officer now owns 900,111 shares in the company, valued at $17,795,194.47. This represents a 2.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, March 21st, Tomer Weingarten sold 60,864 shares of SentinelOne stock. The shares were sold at an average price of $19.17, for a total value of $1,166,762.88.
• On Wednesday, March 19th, Tomer Weingarten sold 81,619 shares of SentinelOne stock. The stock was sold at an average price of $19.59, for a total transaction 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 shares were 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 stock was 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 value of $1,370,657.28.

SentinelOne Trading Down 2.7 %

SentinelOne stock opened at $18.84 on Friday. The firm’s 50 day simple moving average is $21.71 and its 200 day simple moving average is $23.71. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The firm has a market capitalization of $6.05 billion, a PE ratio of -20.04 and a beta of 0.78.

Analyst Ratings Changes

Several analysts have recently commented on S shares. Citigroup lowered their price objective on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Westpark Capital lowered their price target on SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, March 11th. Wells Fargo & Company cut their price objective on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Bank of America lowered their target price on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, March 13th. Finally, Sanford C. Bernstein cut their price target on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, SentinelOne currently has an average rating of “Moderate Buy” and an average price target of $26.33.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its stake in SentinelOne by 55.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock worth $62,129,000 after acquiring an additional 921,572 shares during the last quarter. Cerity Partners LLC purchased a new stake in SentinelOne in the third quarter valued at approximately $1,315,000. Bridgewater Associates LP lifted its position in SentinelOne by 2,814.7% during the third quarter. Bridgewater Associates LP now owns 317,438 shares of the company’s stock valued at $7,593,000 after purchasing an additional 306,547 shares during the last quarter. MetLife Investment Management LLC grew its stake in SentinelOne by 17.4% in the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock worth $163,000 after buying an additional 1,012 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in SentinelOne by 1.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 124,096 shares of the company’s stock valued at $2,968,000 after acquiring an additional 1,797 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

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.