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SentinelOne Inc (S) may enjoy gains as insiders got busy in the recent days

SentinelOne Inc’s recent filing unveils that its President, CEO Weingarten Tomer unloaded Company’s shares for reported $1.36 million on Jan 08 ’25. In the deal valued at $22.33 per share,60,864 shares were sold. As a result of this transaction, Weingarten Tomer now holds 959,682 shares worth roughly $21.52 million.

Then, Weingarten Tomer sold 60,864 shares, generating $1,389,306 in total proceeds. Upon selling the shares at $22.83, the President, CEO now owns 959,682 shares.

Before that, Weingarten Tomer sold 60,864 shares. SentinelOne Inc shares valued at $1,370,621 were divested by the President, CEO at a price of $22.52 per share. As a result of the transaction, Weingarten Tomer now holds 959,682 shares, worth roughly $21.52 million.

Jefferies upgraded its SentinelOne Inc [S] rating to a Buy from a a Hold in a research note published on December 19, 2024; the price target was increased to $30 from $27. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “an Equal-weight”. Deutsche Bank also remained covering S and has increased its forecast on November 12, 2024 with a “Buy” recommendation from previously “Hold” rating.

Price Performance Review of S

On Friday, SentinelOne Inc [NYSE:S] saw its stock fall -0.36% to $22.42. Over the last five days, the stock has lost -0.66%. SentinelOne Inc shares have risen nearly 0.99% since the year began. Nevertheless, the stocks have fallen -7.20% over the past one year. While a 52-week high of $30.76 was reached on 01/06/25, a 52-week low of $14.33 was recorded on 01/08/25. SMA at 50 days reached $25.29, while 200 days put it at $22.88.

Levels Of Support And Resistance For S Stock

The 24-hour chart illustrates a support level at 22.18, which if violated will result in even more drops to 21.95. On the upside, there is a resistance level at 22.66. A further resistance level may holdings at 22.91. The Relative Strength Index (RSI) on the 14-day chart is 37.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.20%. Stochastics %K at 42.77% indicates the stock is a holding.

How much short interest is there in SentinelOne Inc?

A steep rise in short interest was recorded in SentinelOne Inc stocks on 2024-11-15, dropping by -2.18 million shares to a total of 12.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 14.3 million shares. There was a decline of -17.99%, which implies that there is a negative sentiment for the stock.

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