SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 39,118 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.73, for a total transaction of $615,326.14. Following the sale, the chief executive officer directly owned 1,951,693 shares of the company’s stock, valued at approximately $30,700,130.89. This represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $14.47, for a total transaction of $562,362.08.
SentinelOne Price Performance
Shares of NYSE S traded down $0.46 during trading hours on Wednesday, hitting $14.78. 6,151,201 shares of the stock were exchanged, compared to its average volume of 8,505,000. The company’s 50 day moving average is $15.34 and its 200 day moving average is $14.73. The firm has a market capitalization of $5.07 billion, a P/E ratio of -15.39 and a beta of 0.83. SentinelOne, Inc. has a one year low of $11.81 and a one year high of $21.40.
Institutional Trading of SentinelOne
Several institutional investors have recently modified their holdings of S. Allworth Financial LP grew its holdings in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares in the last quarter. Strategic Advocates LLC acquired a new stake in shares of SentinelOne during the 3rd quarter worth approximately $26,000. Danske Bank A S acquired a new stake in shares of SentinelOne during the 3rd quarter worth approximately $26,000. Assetmark Inc. grew its holdings in shares of SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after purchasing an additional 1,668 shares in the last quarter. Finally, MAI Capital Management grew its holdings in shares of SentinelOne by 121.2% during the 3rd quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. Morgan Stanley lowered their target price on SentinelOne from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $20.00 target price on shares of SentinelOne in a report on Friday, May 29th. Wells Fargo & Company raised their target price on SentinelOne from $14.00 to $16.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. DA Davidson lowered their target price on SentinelOne from $18.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Finally, Barclays lowered their target price on SentinelOne from $19.00 to $16.00 and set an “equal weight” rating on the stock in a report on Friday, May 29th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $19.67.
Read Our Latest Stock Report on S
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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