Wealth Enhancement Advisory Services LLC bought a new stake in SentinelOne, Inc. (NYSE:S - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,111 shares of the company's stock, valued at approximately $457,000.
Several other institutional investors also recently modified their holdings of the business. Waldron Private Wealth LLC bought a new position in shares of SentinelOne in the third quarter worth $26,000. Blue Trust Inc. bought a new position in SentinelOne in the second quarter valued at $27,000. Allspring Global Investments Holdings LLC increased its stake in SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company's stock valued at $28,000 after acquiring an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC increased its stake in SentinelOne by 56.0% in the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company's stock valued at $41,000 after acquiring an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC bought a new position in SentinelOne in the second quarter valued at $49,000. 90.87% of the stock is owned by institutional investors.
Analyst Ratings Changes
S has been the topic of a number of research analyst reports. Susquehanna increased their target price on SentinelOne from $22.00 to $28.00 and gave the company a "positive" rating in a research note on Thursday, September 5th. Sanford C. Bernstein lowered their price objective on shares of SentinelOne from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, August 28th. Citigroup raised their target price on shares of SentinelOne from $20.00 to $25.00 and gave the company a "neutral" rating in a research note on Wednesday, August 28th. Loop Capital lifted their target price on shares of SentinelOne from $25.00 to $30.00 and gave the stock a "buy" rating in a research report on Wednesday, August 28th. Finally, Barclays lifted their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Thursday, October 17th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $28.60.
Get Our Latest Stock Report on S
Insider Buying and Selling at SentinelOne
In other SentinelOne news, insider Ric Smith sold 14,584 shares of SentinelOne stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $22.99, for a total value of $335,286.16. Following the completion of the transaction, the insider now owns 636,699 shares of the company's stock, valued at approximately $14,637,710.01. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Ric Smith sold 14,584 shares of SentinelOne stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $22.99, for a total value of $335,286.16. Following the sale, the insider now owns 636,699 shares in the company, valued at $14,637,710.01. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Keenan Michael Conder sold 11,097 shares of SentinelOne stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $22.80, for a total transaction of $253,011.60. Following the completion of the sale, the insider now owns 438,363 shares in the company, valued at approximately $9,994,676.40. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 422,334 shares of company stock valued at $9,722,287. Corporate insiders own 5.60% of the company's stock.
SentinelOne Stock Performance
Shares of SentinelOne stock traded down $0.34 during trading on Friday, hitting $27.57. 3,415,662 shares of the company's stock were exchanged, compared to its average volume of 5,227,263. The business has a 50-day simple moving average of $24.69 and a 200-day simple moving average of $22.35. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $30.76. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of -29.64 and a beta of 0.65.
SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The firm had revenue of $198.94 million during the quarter, compared to analysts' expectations of $197.32 million. During the same quarter last year, the company posted ($0.26) earnings per share. The firm's revenue was up 33.1% compared to the same quarter last year. On average, equities analysts anticipate that SentinelOne, Inc. will post -0.73 earnings per share for the current fiscal year.
SentinelOne Company Profile
(
Free Report)
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.
Read More
Before you consider SentinelOne, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SentinelOne wasn't on the list.
While SentinelOne currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.