SentinelOne (NYSE:S) CEO Tomer Weingarten Sells 52,087 Shares of Company Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 52,087 shares of the business’s stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $21.91, for a total value of $1,141,226.17. Following the transaction, the chief executive officer owned 1,665,423 shares in the company, valued at approximately $36,489,417.93. This represents a 3.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Monday, October 5th, Tomer Weingarten sold 527,368 shares of SentinelOne stock. The shares were sold at an average price of $25.26, for a total value of $13,321,315.68.
• 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 value of $2,285,162.10.
• On Tuesday, September 8th, Tomer Weingarten sold 38,759 shares of SentinelOne stock. The stock was sold at an average price of $19.79, for a total value of $767,040.61.

SentinelOne Trading Down 0.3%

Shares of S stock traded down $0.06 during trading hours on Tuesday, reaching $23.46. The company’s stock had a trading volume of 10,351,957 shares, compared to its average volume of 12,558,627. The stock has a market capitalization of $8.17 billion, a P/E ratio of -23.23 and a beta of 0.59. SentinelOne, Inc. has a one year low of $11.81 and a one year high of $26.50. The firm’s fifty day simple moving average is $23.15 and its 200 day simple moving average is $17.92.

SentinelOne (NYSE:S) last posted its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The firm had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. The business’s revenue was up 20.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($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. As a group, equities research analysts forecast that SentinelOne, Inc. will post -0.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SentinelOne

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Voya Investment Management LLC grew its position in shares of SentinelOne by 10.6% in the 3rd quarter. Voya Investment Management LLC now owns 6,960,944 shares of the company’s stock worth $165,392,000 after buying an additional 668,772 shares during the period. Wellington Management Group LLP increased its stake in shares of SentinelOne by 216.0% in the 2nd 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in SentinelOne by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company’s stock valued at $59,142,000 after acquiring an additional 461,411 shares during the period. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in SentinelOne during the 2nd quarter valued at about $59,607,000. Finally, Bank of America Corp DE boosted its stake in SentinelOne by 17.6% during the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company’s stock worth $32,457,000 after acquiring an additional 377,542 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analysts Set New Price Targets

S has been the subject of several research reports. Guggenheim upped their price objective on shares of SentinelOne from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. DA Davidson set a $20.00 target price on shares of SentinelOne in a research report on Thursday, October 22nd. Sanford C. Bernstein lowered shares of SentinelOne from an “outperform” rating to a “market perform” rating and lifted their target price for the company from $21.00 to $25.00 in a research note on Thursday, September 17th. TD Cowen boosted their price target on shares of SentinelOne from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Friday, October 2nd. Finally, JPMorgan Chase & Co. increased their price target on shares of SentinelOne from $18.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned 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 a consensus price target of $24.61.

About SentinelOne

SentinelOne, Inc. is a cybersecurity company that develops software to help organizations detect, prevent and respond to cyber threats. Its Singularity platform uses artificial intelligence and automation to protect endpoints, cloud workloads and identities, and to support security operations. The platform includes endpoint protection and detection, cloud security, threat hunting and incident response capabilities. SentinelOne also offers security information and event management tools and Purple AI, which helps security teams investigate threats using natural-language queries.