SentinelOne (NYSE:S) CAO Robin Tomasello Sells 8,508 Shares of Stock

Key Points

• CAO Robin Tomasello sold 8,508 shares of SentinelOne stock at an average price of $18.69, totaling approximately $159,014.52, which reduced their holdings by 2.78%.
• SentinelOne's stock recently experienced a trading volume of over 5.4 million shares, with its current price at $18.00, reflecting a 52-week range between $15.36 and $29.29.
• Analysts maintain a positive outlook on SentinelOne, with a consensus rating of "Moderate Buy" and an average target price of $24.29, supported by recent price target increases from multiple firms.

SentinelOne, Inc. (NYSE:S - Get Free Report) CAO Robin Tomasello sold 8,508 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $18.69, for a total transaction of $159,014.52. Following the completion of the transaction, the chief accounting officer owned 297,536 shares in the company, valued at approximately $5,560,947.84. This trade represents a 2.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Robin Tomasello also recently made the following trade(s):

• On Wednesday, August 6th, Robin Tomasello sold 2,921 shares of SentinelOne stock. The stock was sold at an average price of $17.31, for a total transaction of $50,562.51.

SentinelOne Price Performance

NYSE:S traded down $0.43 during midday trading on Tuesday, hitting $18.00. The company's stock had a trading volume of 5,472,534 shares, compared to its average volume of 5,940,815. SentinelOne, Inc. has a fifty-two week low of $15.36 and a fifty-two week high of $29.29. The firm's 50 day moving average is $17.86 and its 200-day moving average is $18.37. The firm has a market cap of $6.00 billion, a P/E ratio of -13.64 and a beta of 0.78.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Cantor Fitzgerald reiterated an "overweight" rating and issued a $24.00 price target on shares of SentinelOne in a report on Friday, August 29th. Jefferies Financial Group increased their price target on shares of SentinelOne from $23.00 to $25.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Robert W. Baird raised their price objective on shares of SentinelOne from $21.00 to $23.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Susquehanna lowered their price target on shares of SentinelOne from $25.00 to $24.00 and set a "positive" rating on the stock in a report on Thursday, May 29th. Finally, Stephens reissued an "overweight" rating and set a $25.00 price target on shares of SentinelOne in a report on Tuesday, May 27th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat.com, SentinelOne presently has an average rating of "Moderate Buy" and an average target price of $24.29.

Institutional Investors Weigh In On SentinelOne

Institutional investors have recently added to or reduced their stakes in the stock. CENTRAL TRUST Co acquired a new stake in SentinelOne in the 1st quarter valued at $26,000. Atlantic Union Bankshares Corp acquired a new stake in SentinelOne during the 2nd quarter worth $29,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in SentinelOne during the 4th quarter worth $38,000. GAMMA Investing LLC raised its position in shares of SentinelOne by 513.3% in the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company's stock valued at $35,000 after buying an additional 1,622 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in shares of SentinelOne by 94.0% in the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock valued at $35,000 after buying an additional 942 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

SentinelOne Company Profile

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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