1,305 Shares in SentinelOne, Inc. (NYSE:S) Bought by Avion Wealth

Avion Wealth bought a new position in shares of SentinelOne, Inc. (NYSE:S) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,305 shares of the company’s stock, valued at approximately $28,000.

Several other institutional investors also recently bought and sold shares of S. Truist Financial Corp raised its position in shares of SentinelOne by 17.4% in the second quarter. Truist Financial Corp now owns 27,754 shares of the company’s stock valued at $584,000 after purchasing an additional 4,110 shares during the period. Sanctuary Advisors LLC acquired a new position in SentinelOne in the 2nd quarter valued at $259,000. CWM LLC raised its holdings in SentinelOne by 391.5% in the 3rd quarter. CWM LLC now owns 28,114 shares of the company’s stock worth $672,000 after acquiring an additional 22,394 shares during the period. Swedbank AB raised its holdings in SentinelOne by 25.0% in the 3rd quarter. Swedbank AB now owns 2,500,000 shares of the company’s stock worth $59,800,000 after acquiring an additional 500,000 shares during the period. Finally, Bleakley Financial Group LLC acquired a new position in SentinelOne during the 3rd quarter worth $204,000. 90.87% of the stock is currently owned by institutional investors.

SentinelOne Trading Up 0.9 %

Shares of NYSE S opened at $24.20 on Thursday. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The firm’s 50-day simple moving average is $23.19 and its 200 day simple moving average is $24.22.

SentinelOne (NYSE:S) last announced its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The company had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. SentinelOne’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.21) earnings per share. Research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

S has been the subject of several recent analyst reports. Scotiabank increased their target price on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft raised SentinelOne from a “hold” rating to a “buy” rating and increased their price objective for the company from $25.00 to $32.00 in a research report on Tuesday, November 12th. UBS Group lowered shares of SentinelOne from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $30.00 to $25.00 in a research report on Wednesday, January 15th. Susquehanna increased their price target on shares of SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. Finally, Cantor Fitzgerald began coverage on shares of SentinelOne in a report on Thursday, January 9th. They set an “overweight” rating and a $30.00 price objective on the stock. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $29.56.

Insider Buying and Selling at SentinelOne

In related news, CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $23.61, for a total value of $1,938,758.76. Following the transaction, the chief executive officer now directly owns 959,682 shares in the company, valued at $22,658,092.02. This represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ric Smith sold 41,170 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were 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 $12,744,386.82. The trade was a 7.19 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 286,699 shares of company stock worth $6,712,815. Insiders own 5.60% of the company’s stock.

SentinelOne Profile

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.