Key Points
- Tomer Weingarten sold 125,429 SentinelOne shares on Dec. 11 at an average price of $15.09 for about $1.89M, reducing his ownership by 10.29% to 1,093,108 shares.
- SentinelOne beat quarterly EPS estimates with $0.07 and reported revenue of $258.9M (up 22.9% YoY) but remains unprofitable (~43% negative net margin); analysts give a "Moderate Buy" consensus with an average target of $22.43.
SentinelOne, Inc. (NYSE:S - Get Free Report) CEO Tomer Weingarten sold 125,429 shares of the firm's stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $15.09, for a total value of $1,892,723.61. Following the transaction, the chief executive officer owned 1,093,108 shares in the company, valued at approximately $16,494,999.72. This trade represents a 10.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Tomer Weingarten also recently made the following trade(s):
- On Monday, December 8th, Tomer Weingarten sold 38,684 shares of SentinelOne stock. The stock was sold at an average price of $14.58, for a total transaction of $564,012.72.
- On Thursday, November 6th, Tomer Weingarten sold 90,100 shares of SentinelOne stock. The shares were sold at an average price of $16.47, for a total transaction of $1,483,947.00.
- On Monday, October 6th, Tomer Weingarten sold 57,941 shares of SentinelOne stock. The shares were sold at an average price of $18.02, for a total transaction of $1,044,096.82.
SentinelOne Stock Performance
SentinelOne stock opened at $15.10 on Friday. SentinelOne, Inc. has a fifty-two week low of $14.48 and a fifty-two week high of $25.24. The firm's 50-day simple moving average is $16.66 and its 200 day simple moving average is $17.51. The stock has a market cap of $5.04 billion, a PE ratio of -12.08 and a beta of 0.76.
SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The firm had revenue of $258.91 million during the quarter, compared to analyst estimates of $256.19 million. During the same quarter last year, the business posted ($0.25) EPS. The company's revenue for the quarter was up 22.9% on a year-over-year basis. As a group, analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.
Institutional Trading of SentinelOne
A number of institutional investors have recently modified their holdings of S. LPL Financial LLC grew its stake in SentinelOne by 2.3% in the 1st quarter. LPL Financial LLC now owns 130,558 shares of the company's stock valued at $2,374,000 after buying an additional 2,892 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of SentinelOne by 4.4% during the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company's stock worth $567,214,000 after acquiring an additional 1,318,533 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of SentinelOne by 0.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,648,740 shares of the company's stock worth $48,154,000 after acquiring an additional 10,543 shares during the period. Deutsche Bank AG lifted its holdings in SentinelOne by 3.0% during the 1st quarter. Deutsche Bank AG now owns 900,381 shares of the company's stock worth $16,369,000 after purchasing an additional 26,528 shares in the last quarter. Finally, Entropy Technologies LP bought a new position in SentinelOne in the 1st quarter worth about $189,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
S has been the topic of a number of recent analyst reports. JMP Securities set a $23.00 price target on SentinelOne in a report on Friday, December 5th. Cowen reaffirmed a "buy" rating on shares of SentinelOne in a research report on Friday, December 5th. Robert W. Baird boosted their price target on shares of SentinelOne from $21.00 to $23.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. BTIG Research restated a "neutral" rating on shares of SentinelOne in a research report on Monday, August 25th. Finally, Cantor Fitzgerald decreased their price objective on shares of SentinelOne from $24.00 to $22.00 and set an "overweight" rating for the company in a report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have given a Hold rating and one has issued 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 $22.43.
Read Our Latest Stock Report on S
About SentinelOne
(
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SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.
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