Avion Wealth Buys Shares of 1,305 SentinelOne, Inc. (NYSE:S)

Avion Wealth purchased a new position in SentinelOne, Inc. (NYSE:S) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 1,305 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds also recently modified their holdings of S. Waldron Private Wealth LLC bought a new stake in SentinelOne in the 3rd quarter valued at $26,000. Crewe Advisors LLC acquired a new stake in shares of SentinelOne in the 4th quarter valued at about $33,000. Arlington Trust Co LLC bought a new stake in shares of SentinelOne in the fourth quarter valued at about $33,000. Modus Advisors LLC acquired a new position in shares of SentinelOne during the fourth quarter worth about $48,000. Finally, Capital Performance Advisors LLP bought a new position in shares of SentinelOne during the third quarter worth about $55,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on S. Susquehanna boosted their target price on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a research note on Thursday, December 5th. Sanford C. Bernstein reduced their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $30.00 target price on shares of SentinelOne in a research report on Friday, October 18th. Citigroup cut their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, January 17th. Finally, Jefferies Financial Group upgraded SentinelOne from a “hold” rating to a “buy” rating and raised their price objective for the company from $27.00 to $30.00 in a report on Thursday, December 19th. Seven 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 stock. According to data from MarketBeat, SentinelOne has an average rating of “Moderate Buy” and an average target price of $29.56.

Insiders Place Their Bets

In related news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $23.74, for a total value of $1,444,911.36. Following the completion of the sale, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $22,782,850.68. The trade was a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ric Smith sold 41,170 shares of the firm’s stock in a transaction 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 trade represents a 7.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 286,699 shares of company stock worth $6,712,815 in the last 90 days. Company insiders own 5.60% of the company’s stock.

SentinelOne Price Performance

SentinelOne stock opened at $24.20 on Thursday. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The company’s 50-day moving average price is $23.19 and its two-hundred day moving average price is $24.22.

SentinelOne (NYSE:S) last announced its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The firm had revenue of $210.60 million for the quarter, compared to the consensus estimate 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 last year, the business posted ($0.21) EPS. On average, analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

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.