Janney Montgomery Scott LLC Sells 14,917 Shares of SentinelOne, Inc. (NYSE:S)

Janney Montgomery Scott LLC trimmed its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 60.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 9,673 shares of the company's stock after selling 14,917 shares during the quarter. Janney Montgomery Scott LLC's holdings in SentinelOne were worth $215,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Avior Wealth Management LLC lifted its position in shares of SentinelOne by 4.0% during the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company's stock valued at $553,000 after acquiring an additional 898 shares during the period. Bullseye Asset Management LLC lifted its position in shares of SentinelOne by 1.5% during the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company's stock worth $1,605,000 after buying an additional 1,000 shares during the last quarter. MetLife Investment Management LLC lifted its position in shares of SentinelOne by 17.4% during the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company's stock worth $163,000 after buying an additional 1,012 shares during the last quarter. Waldron Private Wealth LLC bought a new stake in shares of SentinelOne during the 3rd quarter worth $26,000. Finally, Principal Financial Group Inc. lifted its position in shares of SentinelOne by 6.4% during the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock worth $442,000 after buying an additional 1,111 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other SentinelOne news, insider Ric Smith sold 41,170 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total value of $987,256.60. Following the transaction, the insider now owns 531,459 shares in the company, valued at approximately $12,744,386.82. This represents a 7.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total value of $1,938,758.76. Following the completion of the transaction, the chief executive officer now owns 959,682 shares in the company, valued at approximately $22,658,092.02. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 357,341 shares of company stock worth $8,423,765. Corporate insiders own 5.60% of the company's stock.

SentinelOne Trading Down 0.7 %

NYSE S traded down $0.17 during trading hours on Friday, hitting $24.81. 3,589,658 shares of the company's stock were exchanged, compared to its average volume of 3,539,667. The stock has a 50-day simple moving average of $23.17 and a 200 day simple moving average of $24.26. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.36. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of -26.39 and a beta of 0.75.

SentinelOne (NYSE:S - Get Free Report) last released 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 for the quarter, compared to analyst estimates of $209.73 million. During the same period in the prior year, the business earned ($0.21) EPS. The company's revenue for the quarter was up 28.3% on a year-over-year basis. On average, sell-side analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Citigroup dropped their price objective on SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Friday, January 17th. Jefferies Financial Group upgraded SentinelOne from a "hold" rating to a "buy" rating and upped their price objective for the stock from $27.00 to $30.00 in a research report on Thursday, December 19th. Cantor Fitzgerald assumed coverage on SentinelOne in a research report on Thursday, January 9th. They set an "overweight" rating and a $30.00 price objective for the company. Oppenheimer assumed coverage on SentinelOne in a research report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 price objective for the company. Finally, Needham & Company LLC restated a "buy" rating and set a $32.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $29.56.

SentinelOne Company 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.