Tomer Weingarten (NYSE:WRI), President and CEO of SentinelOne , Inc. (NYNYSE:SE:S), has recently sold shares of the company's Class A common stock valued at approximately $2.76 million. The transactions were executed on January 6 and 7, 2025, with shares sold at prices ranging from $22.52 to $22.83. The sales occurred near the stock's current trading price of $22.50, with analyst price targets ranging from $24 to $35.
Weingarten's sale was conducted under a pre-established Rule 10b5-1 trading plan, which allows executives to set up a trading plan for selling stocks they own. This plan was adopted on January 11, 2024. Following these transactions, Weingarten holds 959,682 shares directly in the $7.23 billion market cap company. Track insider transactions and get comprehensive analysis with InvestingPro.
In addition to the sales, Weingarten acquired shares through the conversion of Class B common stock to Class A common stock at a price of $9.74 per share. These transactions, however, were not part of the sales under the trading plan.
The recent activity reflects a continued adjustment in Weingarten's holdings in SentinelOne, a cybersecurity company based in Mountain View, California.
In other recent news, cybersecurity firm SentinelOne Inc has been the subject of several analyst adjustments following its fiscal third quarter 2025 results. The company's revenue exceeded expectations by a margin of $1.1 million, prompting an increase in its full-year revenue forecast by $3 million. SentinelOne also reported strong revenue growth of 34.38% over the last twelve months. Cantor Fitzgerald set SentinelOne's stock at Overweight with a $30 target, highlighting the firm's potential despite underperforming shares compared to its competitors. Meanwhile, Bernstein maintained an Outperform rating on the stock, despite lowering the price target to $30 from $32.
Scotiabank (TSX:BNS) increased its price target for SentinelOne to $26 from $25, maintaining a Sector Perform rating. This adjustment came after the company's announcement of new Annual Recurring Revenue (ARR) growth in the third fiscal quarter. KeyBanc maintained SentinelOne's Sector Weight rating, following the company's latest earnings report which included a modest $3 million ARR beat and a slight guidance raise for its fiscal fourth quarter revenue. Furthermore, Piper Sandler analysts revealed a strong outlook for IT spending, with SentinelOne likely to benefit from the prioritization of cloud and data security. These are the recent developments for SentinelOne Inc.
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