Wealth Management Partners LLC Buys 1,785 Shares of SentinelOne, Inc. (NYSE:S)

Wealth Management Partners LLC lifted its stake in shares of SentinelOne, Inc. (NYSE:S) by 13.7% in the 4th quarter, HoldingsChannel reports. The firm owned 14,796 shares of the company’s stock after buying an additional 1,785 shares during the quarter. Wealth Management Partners LLC’s holdings in SentinelOne were worth $328,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of S. Waldron Private Wealth LLC purchased a new stake in SentinelOne in the third quarter worth $26,000. Modus Advisors LLC bought a new position in shares of SentinelOne during the 4th quarter worth $48,000. Capital Performance Advisors LLP purchased a new stake in SentinelOne in the 3rd quarter worth about $55,000. Blue Trust Inc. raised its stake in SentinelOne by 105.9% in 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 during the period. Finally, Huntington National Bank lifted its holdings in SentinelOne by 287.9% during the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock valued at $57,000 after purchasing an additional 1,765 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

Insider Activity at SentinelOne

In related news, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction on Friday, October 25th. The shares were sold at an average price of $26.28, for a total value of $383,241.24. Following the sale, the insider now owns 585,647 shares in the company, valued at $15,390,803.16. The trade was a 2.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Tomer Weingarten sold 10,165 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total transaction of $266,831.25. Following the completion of the transaction, the chief executive officer now owns 1,029,332 shares of the company’s stock, valued at $27,019,965. This trade represents a 0.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 358,135 shares of company stock worth $8,757,911 in the last three months. 5.60% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on S. Cantor Fitzgerald assumed coverage on shares of SentinelOne in a research report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 price target on the stock. Susquehanna boosted their target price on shares of SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. Westpark Capital reaffirmed a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a report on Tuesday, December 3rd. UBS Group lowered SentinelOne from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $30.00 to $25.00 in a research note on Wednesday, January 15th. Finally, Scotiabank raised their target price on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $29.56.

SentinelOne Stock Up 0.5 %

Shares of NYSE:S opened at $22.32 on Monday. The stock’s 50-day moving average price is $24.62 and its 200-day moving average price is $23.96. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The company had revenue of $210.60 million during the quarter, compared to analysts’ expectations 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 period last year, the firm earned ($0.21) earnings per share. On average, equities research analysts predict that SentinelOne, Inc. will post -0.76 earnings per share 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.