SentinelOne, Inc. (NYSE:S) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lessened its stake in shares of SentinelOne, Inc. (NYSE:S) by 47.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,961 shares of the company’s stock after selling 10,924 shares during the period. Kingsview Wealth Management LLC’s holdings in SentinelOne were worth $266,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of S. Waldron Private Wealth LLC acquired a new position in shares of SentinelOne during the 3rd quarter worth about $26,000. Crewe Advisors LLC acquired a new position in shares of SentinelOne during the 4th quarter worth about $33,000. Modus Advisors LLC acquired a new position in shares of SentinelOne during the 4th quarter worth about $48,000. Capital Performance Advisors LLP acquired a new position in shares of SentinelOne during the 3rd quarter worth about $55,000. Finally, Blue Trust Inc. raised its position in shares of SentinelOne by 105.9% during the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock worth $57,000 after purchasing an additional 1,223 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insider Activity

In other news, CEO Tomer Weingarten sold 82,116 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $23.61, for a total value of $1,938,758.76. Following the sale, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $22,658,092.02. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ric Smith sold 2,341 shares of SentinelOne stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now owns 529,118 shares in the company, valued at $12,672,376.10. This represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 357,341 shares of company stock worth $8,423,765. 5.60% of the stock is currently owned by corporate insiders.

SentinelOne Stock Down 0.7 %

Shares of S stock opened at $24.81 on Friday. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.36. The stock has a market capitalization of $7.97 billion, a PE ratio of -26.39 and a beta of 0.75. The firm has a 50 day moving average of $23.17 and a two-hundred day moving average of $24.24.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. During the same period in the prior year, the business earned ($0.21) EPS. The business’s quarterly revenue was up 28.3% on a year-over-year basis. Analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on S. Robert W. Baird upped their price target on shares of SentinelOne from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Barclays cut their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, December 5th. JPMorgan Chase & Co. increased their price objective on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, November 29th. Cantor Fitzgerald started coverage on shares of SentinelOne in a report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 price objective for the company. Finally, Westpark Capital reiterated a “buy” rating and issued a $34.00 price objective on shares of SentinelOne in a report on Tuesday, December 3rd. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $29.56.

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.