SentinelOne Inc’s filing revealed that its President, CEO Weingarten Tomer unloaded Company’s shares for reported $1.06 million on Apr 11 ’24. In the deal valued at $22.28 per share,47,365 shares were sold. As a result of this transaction, Weingarten Tomer now holds 1,285,122 shares worth roughly $27.91 million.
Then, Weingarten Tomer sold 47,365 shares, generating $1,046,634 in total proceeds. Upon selling the shares at $22.10, the President, CEO now owns 1,285,122 shares.
Before that, Weingarten Tomer sold 47,365 shares. SentinelOne Inc shares valued at $1,068,910 were divested by the President, CEO at a price of $22.57 per share. As a result of the transaction, Weingarten Tomer now holds 1,285,122 shares, worth roughly $27.91 million.
Needham reiterated its SentinelOne Inc [S] rating to a Buy in a research note published on March 12, 2024; the price target was $31. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. BTIG Research also remained covering S and has increased its forecast on January 22, 2024 with a “Buy” recommendation from previously “Neutral” rating. Bernstein started covering the stock on January 18, 2024. It rated S as “an Outperform”.
Price Performance Review of S
On Friday, SentinelOne Inc [NYSE:S] saw its stock fall -3.42% to $21.72. Over the last five days, the stock has lost -3.89%. SentinelOne Inc shares have fallen nearly -20.85% since the year began. Nevertheless, the stocks have risen 27.69% over the past one year. While a 52-week high of $30.76 was reached on 02/14/24, a 52-week low of $12.43 was recorded on 04/12/24. SMA at 50 days reached $25.74, while 200 days put it at $20.39. A total of 3.14 million shares were traded, compared to the trading of 2.89 million shares in the previous session.
Levels Of Support And Resistance For S Stock
The 24-hour chart illustrates a support level at 21.42, which if violated will result in even more drops to 21.11. On the upside, there is a resistance level at 22.13. A further resistance level may holdings at 22.53. The Relative Strength Index (RSI) on the 14-day chart is 37.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.64%. Stochastics %K at 26.30% indicates the stock is a holding.
The most recent change occurred on December 15, 2023 when Susquehanna began covering the stock and recommended ‘”a Positive”‘ rating along with a $35 price target.
