SentinelOne (NYSE:S) CEO Sells $13,321,315.68 in Stock

SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten sold 527,368 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $25.26, for a total value of $13,321,315.68. Following the completion of the transaction, the chief executive officer directly owned 1,717,510 shares in the company, valued at $43,384,302.60. This trade represents a 23.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tomer Weingarten also recently made the following trade(s):

• On Friday, September 11th, Tomer Weingarten sold 114,890 shares of SentinelOne stock. The stock was sold at an average price of $19.89, for a total value of $2,285,162.10.
• On Tuesday, September 8th, Tomer Weingarten sold 38,759 shares of SentinelOne stock. The shares were sold at an average price of $19.79, for a total value of $767,040.61.
• 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 transaction of $1,080,524.88.
• On Friday, July 31st, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were sold at an average price of $18.75, for a total transaction of $1,086,393.75.

SentinelOne Price Performance

Shares of SentinelOne stock opened at $25.38 on Friday. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $26.33. The business has a 50-day moving average of $22.12 and a 200-day moving average of $18.13. The company has a market capitalization of $8.83 billion, a PE ratio of -25.13 and a beta of 0.70.

SentinelOne (NYSE:S) last announced its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The company had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. During the same period in the prior year, the company posted ($0.22) EPS. SentinelOne’s quarterly revenue was up 20.6% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. On average, equities analysts expect that SentinelOne, Inc. will post -0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

S has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $24.00 target price on shares of SentinelOne in a research report on Monday, August 17th. Morgan Stanley increased their price target on SentinelOne from $17.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Sanford C. Bernstein cut SentinelOne from an “outperform” rating to a “market perform” rating and boosted their target price for the stock from $21.00 to $25.00 in a report on Thursday, September 17th. FBN Securities cut shares of SentinelOne from an “outperform” rating to a “sector perform” rating and set a $24.00 price objective on the stock. in a research note on Tuesday. Finally, Stephens restated an “overweight” rating and set a $26.00 price objective on shares of SentinelOne in a report on Friday, August 28th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and an average target price of $23.75.

Hedge Funds Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently bought and sold shares of S. Wellington Management Group LLP raised its holdings in SentinelOne by 216.0% in the 2nd quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock valued at $85,110,000 after acquiring an additional 3,428,192 shares in the last quarter. Geode Capital Management LLC increased its position in shares of SentinelOne by 4.2% during the fourth quarter. Geode Capital Management LLC now owns 5,574,144 shares of the company’s stock valued at $83,630,000 after purchasing an additional 226,173 shares during the period. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of SentinelOne in the second quarter valued at $59,607,000. Dimensional Fund Advisors LP raised its stake in shares of SentinelOne by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company’s stock valued at $59,142,000 after purchasing an additional 461,411 shares in the last quarter. Finally, Norges Bank bought a new position in SentinelOne in the fourth quarter worth $54,770,000. Institutional investors own 90.87% of the company’s stock.

About SentinelOne

SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.

The company’s offerings include endpoint protection and detection and response, cloud security, identity security, security operations tools and data management capabilities.