SentinelOne, Inc. (NYSE:S – Get Free Report) CEO Tomer Weingarten sold 57,941 shares of SentinelOne stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $15.21, for a total value of $881,282.61. Following the completion of the sale, the chief executive officer owned 1,894,397 shares of the company’s stock, valued at $28,813,778.37. The trade was a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tomer Weingarten also recently made the following trade(s):
- 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 transaction of $836,521.60.
- On Monday, June 8th, Tomer Weingarten sold 39,118 shares of SentinelOne stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $13.37, for a total transaction of $969,632.51.
SentinelOne Stock Up 1.4%
Shares of NYSE:S opened at $15.01 on Friday. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of -15.63 and a beta of 0.83. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $21.40. The firm has a 50 day moving average of $15.58 and a 200 day moving average of $14.68.
Institutional Investors Weigh In On SentinelOne
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in S. Pacer Advisors Inc. grew its stake in shares of SentinelOne by 31.2% during the first quarter. Pacer Advisors Inc. now owns 41,541 shares of the company’s stock worth $535,000 after acquiring an additional 9,888 shares during the last quarter. Empowered Funds LLC raised its position in shares of SentinelOne by 133.2% in the 1st quarter. Empowered Funds LLC now owns 21,999 shares of the company’s stock valued at $283,000 after purchasing an additional 12,564 shares during the last quarter. Parallel Advisors LLC raised its position in shares of SentinelOne by 277.7% in the 1st quarter. Parallel Advisors LLC now owns 5,318 shares of the company’s stock valued at $68,000 after purchasing an additional 3,910 shares during the last quarter. NewEdge Advisors LLC boosted its stake in SentinelOne by 137.1% in the 1st quarter. NewEdge Advisors LLC now owns 16,889 shares of the company’s stock worth $218,000 after purchasing an additional 9,765 shares in the last quarter. Finally, Caerus Investment Advisors LLC grew its position in SentinelOne by 6.0% during the 1st quarter. Caerus Investment Advisors LLC now owns 15,390 shares of the company’s stock worth $198,000 after purchasing an additional 877 shares during the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $15.50 price objective on shares of SentinelOne in a research report on Friday, May 29th. Barclays decreased their price target on shares of SentinelOne from $19.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday, May 29th. Cantor Fitzgerald raised their price target on shares of SentinelOne from $18.00 to $24.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Piper Sandler reduced their price objective on shares of SentinelOne from $17.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Finally, Wolfe Research set a $20.00 target price on shares of SentinelOne in a research report on Friday, May 29th. Seventeen equities research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.67.
View Our Latest Research Report on SentinelOne
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.
See Also
- Five stocks we like better than SentinelOne
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Receive News & Ratings for SentinelOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SentinelOne and related companies with MarketBeat.com's FREE daily email newsletter.
