SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 39,118 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $15.73, for a total transaction of $615,326.14. Following the sale, the chief executive officer owned 1,951,693 shares of the company’s stock, valued at $30,700,130.89. This trade represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 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 Wednesday, May 6th, Tomer Weingarten sold 21,960 shares of SentinelOne stock. The shares were sold at an average price of $15.65, for a total transaction of $343,674.00.
- On Monday, May 4th, Tomer Weingarten sold 231,664 shares of SentinelOne stock. The shares were sold at an average price of $15.32, for a total transaction of $3,549,092.48.
- 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.
SentinelOne Price Performance
Shares of NYSE:S opened at $14.75 on Friday. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $21.40. The company has a market capitalization of $5.05 billion, a P/E ratio of -15.36 and a beta of 0.83. The firm’s 50 day simple moving average is $15.42 and its two-hundred day simple moving average is $14.72.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of SentinelOne from $16.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Wolfe Research set a $20.00 price target on shares of SentinelOne in a report on Friday, May 29th. Scotiabank boosted their target price on shares of SentinelOne from $15.00 to $16.00 and gave the stock a “sector perform” rating in a report on Friday, May 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $15.50 target price on shares of SentinelOne in a report on Friday, May 29th. Finally, Guggenheim reissued a “buy” rating and issued a $24.00 target price on shares of SentinelOne in a report on Friday, March 13th. Seventeen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $19.67.
Check Out Our Latest Stock Analysis on S
Hedge Funds Weigh In On SentinelOne
Several hedge funds have recently modified their holdings of S. Caprock Group LLC lifted its holdings in shares of SentinelOne by 2,275.2% in the fourth quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock worth $116,242,000 after buying an additional 7,423,177 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of SentinelOne by 93.4% in the fourth quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock worth $123,182,000 after buying an additional 3,965,519 shares in the last quarter. Norges Bank purchased a new stake in SentinelOne during the fourth quarter valued at $54,770,000. First Trust Advisors LP raised its stake in SentinelOne by 38.1% during the fourth quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock valued at $197,202,000 after purchasing an additional 3,624,707 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. purchased a new stake in SentinelOne during the fourth quarter valued at $35,781,000. 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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