Venturi Wealth Management LLC Buys New Shares in SentinelOne, Inc. (NYSE:S)

Venturi Wealth Management LLC bought a new position in shares of SentinelOne, Inc. (NYSE:S) in the 4th quarter, Holdings Channel.com reports. The fund bought 4,200 shares of the company’s stock, valued at approximately $93,000.

Other large investors also recently bought and sold shares of the company. Sylebra Capital LLC boosted its stake in shares of SentinelOne by 33.7% in the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock valued at $216,451,000 after buying an additional 2,282,980 shares during the period. State Street Corp raised its holdings in SentinelOne by 11.3% in the third quarter. State Street Corp now owns 5,072,097 shares of the company’s stock valued at $121,325,000 after acquiring an additional 516,244 shares in the last quarter. Geode Capital Management LLC grew its holdings in SentinelOne by 8.6% during the 3rd quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company’s stock worth $107,326,000 after acquiring an additional 355,944 shares in the last quarter. Atreides Management LP increased its position in shares of SentinelOne by 137.3% in the 3rd quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock valued at $90,965,000 after purchasing an additional 2,200,594 shares during the last quarter. Finally, Champlain Investment Partners LLC purchased a new stake in shares of SentinelOne in the 3rd quarter valued at approximately $80,604,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Insiders Place Their Bets

In other SentinelOne news, CEO Tomer Weingarten sold 70,642 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $24.22, for a total transaction of $1,710,949.24. Following the sale, the chief executive officer now directly owns 939,726 shares of the company’s stock, valued at $22,760,163.72. This trade represents a 6.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ric Smith sold 14,583 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $22.75, for a total transaction of $331,763.25. Following the completion of the transaction, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 357,341 shares of company stock valued at $8,423,765. Corporate insiders own 5.60% of the company’s stock.

SentinelOne Stock Down 2.8 %

NYSE:S opened at $22.15 on Monday. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $29.29. The stock has a fifty day simple moving average of $23.12 and a 200-day simple moving average of $24.35. The company has a market capitalization of $7.12 billion, a PE ratio of -23.56 and a beta of 0.75.

SentinelOne (NYSE:S) last released 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 analyst estimates of $209.73 million. During the same quarter in the prior year, the company earned ($0.21) earnings per share. The firm’s revenue for the quarter was up 28.3% compared to the same quarter last year. As a group, equities analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on S. Westpark Capital reaffirmed a “buy” rating and set a $34.00 price target on shares of SentinelOne in a report on Tuesday, December 3rd. Oppenheimer initiated coverage on SentinelOne in a research note on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price for the company. Citigroup dropped their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Susquehanna boosted their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research report on Thursday, December 5th. Finally, Needham & Company LLC restated a “buy” rating and issued a $32.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.48.

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.