PFG Investments LLC Purchases 1,963 Shares of SentinelOne, Inc. (NYSE:S)

PFG Investments LLC lifted its position in shares of SentinelOne, Inc. (NYSE:S) by 9.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 23,457 shares of the company’s stock after purchasing an additional 1,963 shares during the quarter. PFG Investments LLC’s holdings in SentinelOne were worth $644,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of S. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of SentinelOne in the 3rd quarter valued at $25,000. International Assets Investment Management LLC acquired a new position in shares of SentinelOne during the third quarter valued at about $32,000. BOK Financial Private Wealth Inc. acquired a new position in shares of SentinelOne during the third quarter valued at about $34,000. Montag A & Associates Inc. boosted its position in shares of SentinelOne by 143.0% during the 3rd quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock worth $34,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Comerica Bank acquired a new stake in shares of SentinelOne in the 3rd quarter valued at about $37,000. Institutional investors own 90.87% of the company’s stock.

Insider Buying and Selling at SentinelOne

In related news, CEO Tomer Weingarten sold 47,365 shares of the business’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $24.46, for a total value of $1,158,547.90. Following the completion of the sale, the chief executive officer now owns 807,430 shares in the company, valued at approximately $19,749,737.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Tomer Weingarten sold 47,365 shares of SentinelOne stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $24.46, for a total value of $1,158,547.90. Following the transaction, the chief executive officer now owns 807,430 shares in the company, valued at approximately $19,749,737.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Insight Holdings Group, Llc sold 37,120 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $24.56, for a total transaction of $911,667.20. Following the sale, the insider now owns 3,809 shares of the company’s stock, valued at $93,549.04. The disclosure for this sale can be found here. Insiders have sold 916,578 shares of company stock worth $22,206,535 over the last 90 days. Corporate insiders own 5.93% of the company’s stock.

Wall Street Analyst Weigh In

S has been the topic of several recent analyst reports. Wells Fargo & Company raised their price objective on SentinelOne from $22.00 to $28.00 and gave the company an “equal weight” rating in a research note on Thursday, March 14th. BTIG Research raised shares of SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Monday, January 22nd. Susquehanna began coverage on shares of SentinelOne in a research report on Friday, December 15th. They set a “positive” rating and a $35.00 target price on the stock. Raymond James upped their target price on SentinelOne from $22.00 to $26.00 and gave the company a “strong-buy” rating in a report on Wednesday, December 6th. Finally, Wedbush increased their target price on shares of SentinelOne from $28.00 to $32.00 and gave the company an “overweight” rating in a research report on Thursday, March 14th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $26.04.

SentinelOne Stock Performance

S stock opened at $22.69 on Thursday. The company’s 50 day moving average is $26.64 and its 200 day moving average is $22.14. SentinelOne, Inc. has a 1-year low of $12.43 and a 1-year high of $30.76.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.83%. The firm had revenue of $174.18 million for the quarter, compared to analyst estimates of $169.40 million. During the same quarter in the prior year, the firm earned ($0.30) EPS. The business’s revenue for the quarter was up 38.1% compared to the same quarter last year. Research analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

SentinelOne Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats.