SentinelOne (NYSE:S) CEO Sells $343,674.00 in Stock

Key Points

• SentinelOne CEO Tomer Weingarten sold 21,960 shares on May 6 at an average price of $15.65, totaling $343,674. The company said the sale was to cover tax withholding obligations tied to vesting equity awards.
• The CEO has also made several other recent sales, including a much larger transaction on May 4 for 231,664 shares worth about $3.55 million. After the latest sale, Weingarten still directly owned about 1.99 million shares.
• SentinelOne’s stock rose to $16.59 in Friday trading, and the company recently reported quarterly revenue growth of 20.3% year over year with EPS of $0.07, slightly ahead of estimates. Analysts currently rate the stock a Moderate Buy with a consensus price target of $19.20.

SentinelOne, Inc. (NYSE:S - Get Free Report) CEO Tomer Weingarten sold 21,960 shares of SentinelOne stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $15.65, for a total value of $343,674.00. Following the sale, the chief executive officer directly owned 1,990,811 shares of the company's stock, valued at approximately $31,156,192.15. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• 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 stock was sold at an average price of $15.00, for a total value of $1,500.00.
• On Wednesday, March 25th, Tomer Weingarten sold 72,523 shares of SentinelOne stock. The stock was sold at an average price of $13.37, for a total value of $969,632.51.
• On Tuesday, March 17th, Tomer Weingarten sold 38,864 shares of SentinelOne stock. The shares were sold at an average price of $14.47, for a total transaction of $562,362.08.
• On Friday, March 6th, Tomer Weingarten sold 36,932 shares of SentinelOne stock. The shares were sold at an average price of $13.81, for a total value of $510,030.92.
• On Wednesday, February 11th, Tomer Weingarten sold 39,472 shares of SentinelOne stock. The stock was sold at an average price of $13.48, for a total value of $532,082.56.

SentinelOne Price Performance

NYSE:S traded up $0.67 during trading hours on Friday, hitting $16.59. The company's stock had a trading volume of 8,196,672 shares, compared to its average volume of 8,142,093. The stock has a fifty day simple moving average of $13.83 and a 200-day simple moving average of $14.73. The company has a market capitalization of $5.65 billion, a P/E ratio of -12.20 and a beta of 0.78. SentinelOne, Inc. has a twelve month low of $11.81 and a twelve month high of $21.40.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Thursday, March 12th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. SentinelOne had a negative return on equity of 15.04% and a negative net margin of 45.02%.The firm had revenue of $271.15 million during the quarter, compared to the consensus estimate of $271.18 million. During the same quarter in the previous year, the firm earned $0.04 earnings per share. The business's quarterly revenue was up 20.3% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.320-0.380 EPS and its Q1 2027 guidance at 0.010-0.020 EPS. On average, equities analysts predict that SentinelOne, Inc. will post -0.6 EPS for the current fiscal year.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently bought and sold shares of S. Allworth Financial LP lifted its holdings in SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company's stock worth $25,000 after buying an additional 726 shares during the period. Strategic Advocates LLC bought a new position in shares of SentinelOne during the third quarter worth about $26,000. Danske Bank A S bought a new position in shares of SentinelOne during the third quarter worth about $26,000. MAI Capital Management lifted its stake in shares of SentinelOne by 121.2% in the third quarter. MAI Capital Management now owns 1,825 shares of the company's stock worth $32,000 after acquiring an additional 1,000 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of SentinelOne by 700.8% in the fourth quarter. Assetmark Inc. now owns 1,906 shares of the company's stock worth $29,000 after acquiring an additional 1,668 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

S has been the topic of a number of research reports. Needham & Company LLC decreased their target price on shares of SentinelOne from $21.00 to $18.00 and set a "buy" rating on the stock in a research note on Friday, March 13th. Guggenheim reissued a "buy" rating and set a $24.00 price objective on shares of SentinelOne in a report on Friday, March 13th. Barclays reduced their price objective on SentinelOne from $18.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Friday, March 6th. Weiss Ratings reiterated a "sell (d-)" rating on shares of SentinelOne in a research report on Friday, March 27th. Finally, Wedbush restated an "outperform" rating and set a $20.00 price target on shares of SentinelOne in a report on Friday, March 13th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $19.20.

About SentinelOne

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.

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