PFG Investments LLC Reduces Stock Holdings in SentinelOne, Inc. (NYSE:S)

PFG Investments LLC reduced its stake in shares of SentinelOne, Inc. (NYSE:S) by 13.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,892 shares of the company’s stock after selling 3,002 shares during the period. PFG Investments LLC’s holdings in SentinelOne were worth $442,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Waldron Private Wealth LLC acquired a new stake in SentinelOne in the 3rd quarter worth about $26,000. Modus Advisors LLC purchased a new position in shares of SentinelOne in the fourth quarter valued at $48,000. Capital Performance Advisors LLP acquired a new stake in shares of SentinelOne during the third quarter valued at about $55,000. Blue Trust Inc. grew its stake in SentinelOne by 105.9% during the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after purchasing an additional 1,223 shares in the last quarter. Finally, Huntington National Bank increased its stake in shares of SentinelOne by 287.9% in the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock worth $57,000 after buying an additional 1,765 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

S has been the subject of several research analyst reports. Sanford C. Bernstein lowered their price objective on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price objective on shares of SentinelOne in a report on Thursday, December 5th. Citigroup cut their target price on SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Jefferies Financial Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price target for the stock from $27.00 to $30.00 in a research note on Thursday, December 19th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $29.00 price objective on shares of SentinelOne in a report on Monday, December 2nd. Seven 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 MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $29.56.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 10,165 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total transaction of $266,831.25. Following the transaction, the chief executive officer now owns 1,029,332 shares of the company’s stock, valued at approximately $27,019,965. The trade was a 0.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Ric Smith sold 41,170 shares of the company’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $23.98, for a total transaction of $987,256.60. Following the transaction, the insider now directly owns 531,459 shares of the company’s stock, valued at $12,744,386.82. This represents a 7.19 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 358,135 shares of company stock valued at $8,714,308. Corporate insiders own 5.60% of the company’s stock.

SentinelOne Trading Up 2.0 %

NYSE S opened at $24.14 on Friday. The firm’s fifty day simple moving average is $23.91 and its 200-day simple moving average is $24.11. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The company has a market capitalization of $7.76 billion, a PE ratio of -25.68 and a beta of 0.74.

SentinelOne (NYSE:S) last posted its 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 business had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. During the same period in the prior year, the firm earned ($0.21) earnings per share. The business’s revenue was up 28.3% on a year-over-year basis. As a group, analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

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.