Tomer Weingarten Sells 38,759 Shares of SentinelOne (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 38,759 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $19.79, for a total transaction of $767,040.61. Following the transaction, the chief executive officer owned 1,801,827 shares of the company’s stock, valued at approximately $35,658,156.33. This represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Thursday, August 6th, Tomer Weingarten sold 53,811 shares of SentinelOne stock. The shares were sold at an average price of $20.08, for a total value of $1,080,524.88.
• On Friday, July 31st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The stock was sold at an average price of $18.75, for a total value of $1,086,393.75.
• On Wednesday, July 1st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were 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 value of $881,282.61.
• On Thursday, June 11th, Tomer Weingarten sold 57,296 shares of SentinelOne stock. The stock was sold at an average price of $14.60, for a total value of $836,521.60.

SentinelOne Stock Performance

Shares of S traded up $0.03 during mid-day trading on Wednesday, reaching $19.46. The company had a trading volume of 3,863,583 shares, compared to its average volume of 8,134,561. The company’s 50 day simple moving average is $20.00 and its 200 day simple moving average is $16.68. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $23.95. The company has a market capitalization of $6.77 billion, a price-to-earnings ratio of -19.26 and a beta of 0.77.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.22) EPS. 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 analysts forecast that SentinelOne, Inc. will post -0.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on S shares. Bank of America upgraded shares of SentinelOne from a “neutral” rating to a “buy” rating and raised their price target for the stock from $16.00 to $20.00 in a report on Friday, May 29th. Morgan Stanley increased their target price on shares of SentinelOne from $17.00 to $23.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Needham & Company LLC raised their price target on shares of SentinelOne from $20.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Guggenheim lifted their price target on shares of SentinelOne from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Finally, DA Davidson dropped their price objective on SentinelOne from $18.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and an average price target of $23.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allied Private Wealth LLC purchased a new stake in SentinelOne during the second quarter valued at $25,000. Allworth Financial LP increased its stake in SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 726 shares during the last quarter. Danske Bank A S bought a new stake in shares of SentinelOne in the 3rd quarter valued at approximately $26,000. EFG International AG bought a new stake in shares of SentinelOne in the 4th quarter valued at approximately $41,000. Finally, Root Financial Partners LLC boosted its holdings in shares of SentinelOne by 4,582.8% in the 1st quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock worth $56,000 after purchasing an additional 4,262 shares during the period. 90.87% of the stock is currently owned by institutional investors.

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.