Venturi Wealth Management LLC acquired a new stake in SentinelOne, Inc. (NYSE:S – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,200 shares of the company’s stock, valued at approximately $93,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Avion Wealth bought a new position in shares of SentinelOne during the 4th quarter worth $28,000. Crewe Advisors LLC bought a new stake in shares of SentinelOne in the fourth quarter valued at about $33,000. Arlington Trust Co LLC purchased a new stake in SentinelOne in the fourth quarter worth about $33,000. Modus Advisors LLC bought a new position in SentinelOne during the 4th quarter worth about $48,000. Finally, Capital Performance Advisors LLP purchased a new position in SentinelOne during the 3rd quarter valued at about $55,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.
Insider Activity
In other news, CEO Tomer Weingarten sold 70,642 shares of the business’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $24.22, for a total transaction of $1,710,949.24. Following the transaction, the chief executive officer now owns 939,726 shares of the company’s stock, valued at approximately $22,760,163.72. The trade was a 6.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ric Smith sold 41,170 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total transaction of $987,256.60. Following the sale, the insider now owns 531,459 shares of the company’s stock, valued at approximately $12,744,386.82. The trade was a 7.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 357,341 shares of company stock worth $8,423,765 over the last three months. Insiders own 5.60% of the company’s stock.
SentinelOne Trading Down 2.8 %
SentinelOne (NYSE:S – Get Free Report) last issued its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm had revenue of $210.60 million for the quarter, compared to analysts’ expectations of $209.73 million. During the same quarter in the previous year, the firm posted ($0.21) earnings per share. The firm’s revenue for the quarter was up 28.3% compared to the same quarter last year. As a group, equities analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.
Wall Street Analyst Weigh In
S has been the subject of several research reports. Barclays lowered their price target on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. Cantor Fitzgerald began coverage on SentinelOne in a report on Thursday, January 9th. They set an “overweight” rating and a $30.00 target price for the company. Susquehanna lifted their price target on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. Citigroup decreased their price objective on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and a consensus price target of $29.48.
View Our Latest Stock Report on SentinelOne
About SentinelOne
SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.
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