SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 57,941 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $18.75, for a total value of $1,086,393.75. Following the completion of the transaction, the chief executive officer owned 1,894,397 shares of the company’s stock, valued at $35,519,943.75. This trade represents a 2.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tomer Weingarten also recently made the following trade(s):
- On Wednesday, July 1st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $17.71, for a total value of $1,026,135.11.
- On Monday, June 15th, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were sold at an average price of $15.21, for a total transaction of $881,282.61.
- On Thursday, June 11th, Tomer Weingarten sold 57,296 shares of SentinelOne stock. The shares were sold at an average price of $14.60, for a total transaction of $836,521.60.
- On Monday, June 8th, Tomer Weingarten sold 39,118 shares of SentinelOne stock. The stock was sold at an average price of $15.73, for a total transaction of $615,326.14.
- On Wednesday, May 6th, Tomer Weingarten sold 21,960 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total transaction of $343,674.00.
SentinelOne Stock Up 4.9%
Shares of S stock traded up $0.98 during trading hours on Tuesday, reaching $21.03. 6,565,384 shares of the stock traded hands, compared to its average volume of 8,053,184. The firm has a market capitalization of $7.21 billion, a PE ratio of -21.90 and a beta of 0.79. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $21.06. The business has a fifty day moving average price of $17.20 and a 200 day moving average price of $15.28.
Analyst Upgrades and Downgrades
S has been the subject of several research analyst reports. UBS Group increased their price objective on SentinelOne from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, May 29th. Canaccord Genuity Group lifted their target price on SentinelOne from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Raymond James Financial downgraded SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 target price on the stock. in a report on Friday, May 29th. Scotiabank upgraded shares of SentinelOne from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $16.00 to $23.50 in a report on Monday, July 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 price objective on shares of SentinelOne in a research report on Wednesday, July 1st. Eighteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.93.
Get Our Latest Stock Analysis on SentinelOne
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Woodline Partners LP bought a new stake in SentinelOne in the first quarter worth approximately $382,000. Focus Partners Wealth acquired a new stake in shares of SentinelOne in the 1st quarter valued at $346,000. Prudential Financial Inc. lifted its stake in shares of SentinelOne by 28.4% in the 2nd quarter. Prudential Financial Inc. now owns 21,141 shares of the company’s stock valued at $386,000 after purchasing an additional 4,680 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in SentinelOne by 540.3% in the second quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company’s stock worth $78,000 after purchasing an additional 3,593 shares in the last quarter. Finally, Amundi increased its position in SentinelOne by 7.9% during the second quarter. Amundi now owns 170,047 shares of the company’s stock worth $3,083,000 after buying an additional 12,495 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.
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.
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