SentinelOne, Inc. (NYSE:S) Shares Bought by PFG Investments LLC

PFG Investments LLC boosted its position in SentinelOne, Inc. (NYSE:S) by 9.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,457 shares of the company’s stock after buying an additional 1,963 shares during the quarter. PFG Investments LLC’s holdings in SentinelOne were worth $644,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of S. Raymond James Financial Services Advisors Inc. raised its holdings in shares of SentinelOne by 185.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 162,807 shares of the company’s stock worth $4,467,000 after purchasing an additional 105,715 shares during the period. Raymond James & Associates raised its stake in SentinelOne by 210.6% during the fourth quarter. Raymond James & Associates now owns 141,428 shares of the company’s stock worth $3,881,000 after acquiring an additional 95,893 shares during the period. Legato Capital Management LLC lifted its holdings in SentinelOne by 79.7% in the fourth quarter. Legato Capital Management LLC now owns 27,976 shares of the company’s stock worth $768,000 after acquiring an additional 12,407 shares during the last quarter. TrueMark Investments LLC acquired a new position in SentinelOne in the fourth quarter valued at approximately $1,926,000. Finally, Wedmont Private Capital bought a new position in shares of SentinelOne during the fourth quarter valued at approximately $297,000. 90.87% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO David J. Bernhardt sold 11,221 shares of the firm’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $22.76, for a total value of $255,389.96. Following the transaction, the chief financial officer now directly owns 535,011 shares in the company, valued at approximately $12,176,850.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CAO Robin Tomasello sold 4,001 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $27.25, for a total value of $109,027.25. Following the sale, the chief accounting officer now owns 203,196 shares of the company’s stock, valued at $5,537,091. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO David J. Bernhardt sold 11,221 shares of SentinelOne stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $22.76, for a total value of $255,389.96. Following the sale, the chief financial officer now directly owns 535,011 shares in the company, valued at $12,176,850.36. The disclosure for this sale can be found here. In the last ninety days, insiders sold 916,578 shares of company stock worth $22,206,535. 5.93% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Citigroup upped their price objective on SentinelOne from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 10th. TD Cowen boosted their target price on shares of SentinelOne from $20.00 to $30.00 and gave the company an “outperform” rating in a research note on Wednesday, December 6th. Wedbush boosted their price objective on SentinelOne from $28.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, March 14th. Morgan Stanley raised their target price on SentinelOne from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Thursday, March 14th. Finally, Needham & Company LLC boosted their price target on SentinelOne from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Tuesday, March 12th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $26.04.

SentinelOne Stock Performance

SentinelOne stock opened at $22.69 on Thursday. SentinelOne, Inc. has a 1-year low of $12.43 and a 1-year high of $30.76. The firm’s fifty day simple moving average is $26.64 and its 200-day simple moving average is $22.14.

SentinelOne (NYSE:S) last posted its earnings results on Wednesday, March 13th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.02. The company had revenue of $174.18 million for the quarter, compared to analyst estimates of $169.40 million. SentinelOne had a negative return on equity of 18.83% and a negative net margin of 54.53%. The business’s revenue was up 38.1% compared to the same quarter last year. During the same period last year, the company earned ($0.30) earnings per share. On average, research analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats.