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In a recent transaction, Tomer Weingarten (NYSE:WRI), President and CEO of SentinelOne , Inc. (NYSE:S), sold a significant number of shares in the cybersecurity company. The company, currently valued at $6.4 billion, is trading near its InvestingPro Fair Value, with analysts maintaining a bullish stance and setting price targets up to $36. According to the SEC filing, Weingarten disposed of 39,477 shares of Class A Common Stock on March 6, 2025. The shares were sold at a weighted average price of $19.551, resulting in a total transaction value of approximately $771,814. With the company’s next earnings report due on March 12, investors can access comprehensive analysis and 12+ additional insights through InvestingPro’s detailed research reports.
The sale was not discretionary but was mandated by the company to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs). Following this transaction, Weingarten retains direct ownership of 900,249 shares. Certain shares are subject to forfeiture if underlying vesting conditions are not met. The company maintains a strong balance sheet with more cash than debt, while analysts project profitability this fiscal year despite recent stock price weakness.
In other recent news, SentinelOne Inc has been the focus of multiple analyst evaluations and strategic developments. TD Cowen analysts maintained their Buy rating with a $35 price target, expressing confidence in SentinelOne’s potential for growth reacceleration in fiscal year 2026. They anticipate that the company will issue a revenue guide exceeding expectations, supporting a positive outlook. Meanwhile, Oppenheimer initiated coverage with an Outperform rating and a $32 price target, highlighting improvements in leadership and operational execution as key factors for potential growth.
Conversely, UBS downgraded SentinelOne from Buy to Neutral, adjusting the price target to $25, citing diminished investor confidence in the competitive landscape and growth catalysts for 2025. Bernstein also reaffirmed an Outperform rating with a $30 price target, awaiting the upcoming earnings report for further insights. In a strategic move, SentinelOne has partnered with Obsidian Security to enhance SaaS security, offering a comprehensive solution through the SentinelOne Singularity Marketplace.
This collaboration aims to address the growing risks associated with SaaS applications, providing integrated security measures. The partnership reflects a strategic effort to bolster enterprise security, leveraging Obsidian’s data and SentinelOne’s capabilities. These developments underscore SentinelOne’s dynamic position in the market as it navigates competitive pressures and growth opportunities.
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