Almanack Investment Partners LLC. Cuts Position in SentinelOne, Inc. (NYSE:S)

Almanack Investment Partners LLC. lowered its position in SentinelOne, Inc. (NYSE:S - Free Report) by 67.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,725 shares of the company's stock after selling 44,669 shares during the quarter. Almanack Investment Partners LLC.'s holdings in SentinelOne were worth $482,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of S. Waldron Private Wealth LLC bought a new stake in SentinelOne during the 3rd quarter valued at $26,000. Crewe Advisors LLC bought a new stake in SentinelOne during the 4th quarter valued at $33,000. Modus Advisors LLC bought a new stake in SentinelOne during the 4th quarter valued at $48,000. Capital Performance Advisors LLP bought a new stake in SentinelOne during the 3rd quarter valued at $55,000. Finally, Blue Trust Inc. boosted its position 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 acquiring an additional 1,223 shares in the last quarter. Institutional investors own 90.87% of the company's stock.

Analyst Ratings Changes

S has been the topic of several recent research reports. UBS Group cut SentinelOne from a "buy" rating to a "neutral" rating and dropped their target price for the company from $30.00 to $25.00 in a research report on Wednesday, January 15th. Morgan Stanley reissued an "equal weight" rating and issued a $29.00 price objective on shares of SentinelOne in a research report on Monday, December 2nd. Deutsche Bank Aktiengesellschaft raised SentinelOne from a "hold" rating to a "buy" rating and raised their price objective for the stock from $25.00 to $32.00 in a research report on Tuesday, November 12th. DA Davidson raised their price objective on SentinelOne from $23.00 to $25.00 and gave the stock a "neutral" rating in a research report on Thursday, October 17th. Finally, Oppenheimer assumed coverage on SentinelOne in a research report on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 price objective for the company. Seven 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 company. Based on data from MarketBeat.com, SentinelOne currently has an average rating of "Moderate Buy" and a consensus price target of $29.56.

SentinelOne Stock Up 0.9 %

Shares of NYSE:S traded up $0.21 during trading on Wednesday, reaching $24.20. 2,129,860 shares of the company's stock traded hands, compared to its average volume of 3,660,808. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The firm has a market cap of $7.78 billion, a PE ratio of -25.74 and a beta of 0.75. The company has a 50-day simple moving average of $23.19 and a 200-day simple moving average of $24.22.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). The firm had revenue of $210.60 million during 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%. The company's quarterly revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.21) earnings per share. On average, equities research analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current year.

Insider Transactions at SentinelOne

In other news, CEO Tomer Weingarten sold 60,864 shares of the business's stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the transaction, the chief executive officer now directly owns 959,682 shares in the company, valued at $21,612,038.64. The trade was a 5.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ric Smith sold 2,341 shares of SentinelOne stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now directly owns 529,118 shares in the company, valued at approximately $12,672,376.10. The trade was a 0.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 286,699 shares of company stock worth $6,712,815 in the last ninety days. Insiders own 5.60% of the company's stock.

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.