SentinelOne (NYSE:S) CEO Sells $2,285,162.10 in Stock

Key Points

• CEO Tomer Weingarten sold 114,890 SentinelOne shares at an average price of $19.89, generating $2.29 million. The transaction was executed under a pre-arranged Rule 10b5-1 plan and reduced his direct holdings by 6.18%.
• SentinelOne shares recently traded at $23.48, near their 52-week high of $23.95, with a market capitalization of $8.17 billion. The company reported quarterly revenue of $291.98 million, up 20.6% year over year, while remaining unprofitable.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and a $23.50 price target; institutional investors own approximately 90.87% of the stock.

SentinelOne, Inc. (NYSE:S - Get Free Report) CEO Tomer Weingarten sold 114,890 shares of the company's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $19.89, for a total transaction of $2,285,162.10. Following the sale, the chief executive officer directly owned 1,744,878 shares in the company, valued at $34,705,623.42. This trade represents a 6.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 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 stock was 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.

SentinelOne Stock Performance

Shares of SentinelOne stock traded up $0.88 on Tuesday, reaching $23.48. 9,971,371 shares of the company's stock were exchanged, compared to its average volume of 8,090,094. The company has a market capitalization of $8.17 billion, a P/E ratio of -23.25 and a beta of 0.77. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $23.95. The firm's 50-day moving average is $20.18 and its two-hundred day moving average is $16.85.

SentinelOne (NYSE:S - Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The company had revenue of $291.98 million during the quarter, compared to analyst estimates of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. SentinelOne's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($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. On average, analysts expect that SentinelOne, Inc. will post -0.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on S. Canaccord Genuity Group increased their price objective on shares of SentinelOne from $18.00 to $25.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. Citigroup reaffirmed an "outperform" rating on shares of SentinelOne in a research report on Friday, August 28th. Needham & Company LLC upped their price target on SentinelOne from $20.00 to $26.00 and gave the stock a "buy" rating in a research note on Friday, August 28th. Guggenheim increased their price target on SentinelOne from $24.00 to $28.00 and gave the stock a "buy" rating in a report on Thursday, August 20th. Finally, Raymond James Financial lowered SentinelOne from a "strong-buy" rating to a "market perform" rating and set a $18.00 price target on the stock. in a report on Friday, May 29th. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in S. Bank of America Corp DE increased its position in shares of SentinelOne by 17.6% during the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company's stock worth $32,457,000 after acquiring an additional 377,542 shares in the last quarter. Diamond Hill Capital Management Inc. acquired a new stake in shares of SentinelOne in the 4th quarter worth about $35,781,000. Swedbank AB lifted its position in SentinelOne by 8.0% in the 4th quarter. Swedbank AB now owns 3,809,314 shares of the company's stock valued at $57,140,000 after acquiring an additional 280,587 shares in the last quarter. ING Groep NV bought a new position in SentinelOne in the 4th quarter valued at about $5,202,000. Finally, California State Teachers Retirement System boosted its stake in SentinelOne by 23.2% during the 1st quarter. California State Teachers Retirement System now owns 358,173 shares of the company's stock valued at $4,613,000 after purchasing an additional 67,373 shares during the last quarter. 90.87% of the stock is owned by institutional investors.

About SentinelOne

SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered software for protecting enterprises, governments and other organizations from cyber threats. Its Singularity Platform is designed to secure endpoints, cloud workloads, identities and enterprise data while helping customers detect, investigate and respond to attacks.

The company's offerings include endpoint protection and detection, cloud security, identity security, managed detection and response, and security operations tools.

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