Brooklyn FI LLC Lowers Stake in SentinelOne, Inc. (NYSE:S)

Brooklyn FI LLC decreased its position in shares of SentinelOne, Inc. (NYSE:S) by 35.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 9,000 shares of the company’s stock after selling 5,000 shares during the period. Brooklyn FI LLC’s holdings in SentinelOne were worth $215,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Waldron Private Wealth LLC purchased a new stake in SentinelOne in the 3rd quarter valued at about $26,000. Blue Trust Inc. acquired a new position in SentinelOne during the second quarter worth approximately $27,000. Allspring Global Investments Holdings LLC raised its stake in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the period. Sugarloaf Wealth Management LLC boosted its holdings in shares of SentinelOne by 56.0% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after purchasing an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC purchased a new stake in shares of SentinelOne during the 2nd quarter valued at $49,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CFO David J. Bernhardt sold 2,631 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $20.56, for a total value of $54,093.36. Following the sale, the chief financial officer now directly owns 504,085 shares of the company’s stock, valued at $10,363,987.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, insider Ric Smith sold 14,583 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $26.28, for a total transaction of $383,241.24. Following the completion of the transaction, the insider now directly owns 585,647 shares in the company, valued at approximately $15,390,803.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO David J. Bernhardt sold 2,631 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total value of $54,093.36. Following the completion of the sale, the chief financial officer now owns 504,085 shares in the company, valued at approximately $10,363,987.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 489,850 shares of company stock worth $11,074,922 over the last ninety days. Company insiders own 5.60% of the company’s stock.

SentinelOne Trading Up 0.9 %

S stock opened at $26.01 on Friday. The firm has a market cap of $8.25 billion, a P/E ratio of -27.97 and a beta of 0.65. The stock’s 50 day simple moving average is $24.45 and its 200 day simple moving average is $22.13. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76.

SentinelOne (NYSE:S) last posted its quarterly 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 company had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. During the same period last year, the firm posted ($0.26) EPS. The company’s revenue for the quarter was up 33.1% on a year-over-year basis. On average, research analysts forecast that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Susquehanna lifted their target price on SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. BTIG Research boosted their target price on SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Sanford C. Bernstein dropped their target price on shares of SentinelOne from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, August 28th. Morgan Stanley boosted their price objective on shares of SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Finally, Baird R W raised shares of SentinelOne to a “strong-buy” rating in a research note on Monday, July 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $28.60.

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.