Waldron Private Wealth LLC Purchases New Holdings in SentinelOne, Inc. (NYSE:S)

Waldron Private Wealth LLC acquired a new position in SentinelOne, Inc. (NYSE:S) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,102 shares of the company’s stock, valued at approximately $26,000.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new position in SentinelOne during the 2nd quarter valued at about $27,000. Allspring Global Investments Holdings LLC raised its stake in shares of 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 buying an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC lifted its holdings 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 buying an additional 700 shares during the period. Unique Wealth Strategies LLC acquired a new position in SentinelOne in the second quarter valued at approximately $49,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in SentinelOne in the first quarter valued at approximately $80,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

S has been the subject of several recent research reports. DA Davidson upped their target price on shares of SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Susquehanna boosted their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. JMP Securities reiterated a “market outperform” rating and issued a $33.00 target price on shares of SentinelOne in a report on Wednesday, August 28th. Loop Capital lifted their price target 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, Wells Fargo & Company upped their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, SentinelOne presently has a consensus rating of “Moderate Buy” and an average target price of $28.60.

Insider Activity

In other news, CEO Tomer Weingarten sold 10,165 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $20.56, for a total value of $208,992.40. Following the completion of the sale, the chief executive officer now directly owns 1,109,147 shares of the company’s stock, valued at $22,804,062.32. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, CEO Tomer Weingarten sold 10,165 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total transaction of $208,992.40. Following the completion of the sale, the chief executive officer now owns 1,109,147 shares in the company, valued at approximately $22,804,062.32. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Robin Tomasello sold 5,022 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $22.80, for a total transaction of $114,501.60. Following the completion of the transaction, the chief accounting officer now owns 193,542 shares in the company, valued at approximately $4,412,757.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 475,267 shares of company stock valued at $10,691,681. 5.60% of the stock is owned by company insiders.

SentinelOne Stock Performance

Shares of NYSE S opened at $25.97 on Friday. 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 $8.24 billion, a PE ratio of -27.92 and a beta of 0.67. The stock has a 50 day moving average price of $24.21 and a 200 day moving average price of $21.95.

SentinelOne (NYSE:S) last issued its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.26) earnings per share. As a group, research analysts forecast that SentinelOne, Inc. will post -0.73 EPS for the current year.

SentinelOne Company 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.