SentinelOne (NYSE:S) CAO Robin Tomasello Sells 10,163 Shares

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 10,163 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $13.81, for a total transaction of $140,351.03. Following the completion of the transaction, the chief accounting officer directly owned 400,871 shares of the company’s stock, valued at approximately $5,536,028.51. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Robin Tomasello also recently made the following trade(s):

• On Friday, February 6th, Robin Tomasello sold 2,975 shares of SentinelOne stock. The stock was sold at an average price of $13.15, for a total transaction of $39,121.25.

SentinelOne Price Performance

Shares of NYSE S traded down $0.16 during mid-day trading on Tuesday, hitting $14.19. The company had a trading volume of 7,325,305 shares, compared to its average volume of 7,206,187. The firm has a 50-day simple moving average of $13.96 and a two-hundred day simple moving average of $15.86. SentinelOne, Inc. has a one year low of $12.23 and a one year high of $21.40.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on S shares. Barclays decreased their price objective on shares of SentinelOne from $18.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday. Wells Fargo & Company initiated coverage on SentinelOne in a research note on Tuesday, March 3rd. They set an “equal weight” rating and a $13.00 target price for the company. Bank of America decreased their target price on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Needham & Company LLC restated a “buy” rating and issued a $21.00 price target on shares of SentinelOne in a research note on Friday, December 12th. Finally, TD Cowen reaffirmed a “buy” rating on shares of SentinelOne in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $21.05.

Hedge Funds Weigh In On SentinelOne

Several institutional investors and hedge funds have recently made changes to their positions in S. Caprock Group LLC increased its stake in shares of SentinelOne by 2,275.2% during the fourth quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock worth $116,242,000 after purchasing an additional 7,423,177 shares during the period. AQR Capital Management LLC increased its position in SentinelOne by 93.4% during the 4th 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 during the period. Norges Bank bought a new position in SentinelOne during the 4th quarter worth $54,770,000. First Trust Advisors LP lifted its holdings in shares of SentinelOne by 38.1% during the fourth quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock worth $197,202,000 after buying an additional 3,624,707 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. bought a new stake in shares of SentinelOne in the fourth quarter valued at about $35,781,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Company Profile

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.