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A company insider recently sold 60,864 shares of SentinelOne Inc [S]. Should You also Consider to Sale?

SentinelOne Inc’s recently made public that its President, CEO Weingarten Tomer unloaded Company’s shares for reported $1.54 million on Oct 09 ’24. In the deal valued at $25.30 per share,60,864 shares were sold. As a result of this transaction, Weingarten Tomer now holds 1,039,497 shares worth roughly $27.69 million.

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Then, Weingarten Tomer sold 60,864 shares, generating $1,479,826 in total proceeds. Upon selling the shares at $24.31, the President, CEO now owns 1,039,497 shares.

Before that, Weingarten Tomer sold 60,864 shares. SentinelOne Inc shares valued at $1,425,167 were divested by the President, CEO at a price of $23.42 per share. As a result of the transaction, Weingarten Tomer now holds 1,039,497 shares, worth roughly $27.69 million.

A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in mid October from “a Neutral” to “an Overweight”. Needham also remained covering S and reiterated its “Buy” recommendation on August 26, 2024. Wells Fargo revised its rating on August 22, 2024. It rated S as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of S

On Monday, SentinelOne Inc [NYSE:S] saw its stock jump 1.06% to $26.64. Over the last five days, the stock has gained 0.87%. SentinelOne Inc shares have fallen nearly -2.92% since the year began. Nevertheless, the stocks have risen 60.00% over the past one year. While a 52-week high of $30.76 was reached on 02/14/24, a 52-week low of $14.33 was recorded on 05/31/24. SMA at 50 days reached $23.98, while 200 days put it at $23.17.

Levels Of Support And Resistance For S Stock

The 24-hour chart illustrates a support level at 26.14, which if violated will result in even more drops to 25.65. On the upside, there is a resistance level at 27.19. A further resistance level may holdings at 27.75. The Relative Strength Index (RSI) on the 14-day chart is 64.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.96%. Stochastics %K at 80.83% indicates the stock is a selling.

How much short interest is there in SentinelOne Inc?

A steep rise in short interest was recorded in SentinelOne Inc stocks on 2024-09-30, growing by 1.77 million shares to a total of 13.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 11.49 million shares. There was a rise of 13.35%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 15, 2024 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $25 price target.

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