Arlington Trust Co LLC Buys Shares of 1,500 SentinelOne, Inc. (NYSE:S)

Arlington Trust Co LLC bought a new stake in shares of SentinelOne, Inc. (NYSE:S) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,500 shares of the company’s stock, valued at approximately $33,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creative Planning boosted its position in shares of SentinelOne by 62.8% in the second quarter. Creative Planning now owns 29,758 shares of the company’s stock worth $626,000 after purchasing an additional 11,478 shares during the period. Truist Financial Corp boosted its position in shares of SentinelOne by 17.4% in the second quarter. Truist Financial Corp now owns 27,754 shares of the company’s stock worth $584,000 after purchasing an additional 4,110 shares during the period. Sanctuary Advisors LLC bought a new position in shares of SentinelOne in the second quarter worth approximately $259,000. CWM LLC boosted its position in shares of SentinelOne by 391.5% in the third quarter. CWM LLC now owns 28,114 shares of the company’s stock worth $672,000 after purchasing an additional 22,394 shares during the period. Finally, Swedbank AB boosted its position in shares of SentinelOne by 25.0% in the third quarter. Swedbank AB now owns 2,500,000 shares of the company’s stock worth $59,800,000 after purchasing an additional 500,000 shares during the period. 90.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other SentinelOne news, CEO Tomer Weingarten sold 10,178 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $243,763.10. Following the transaction, the chief executive officer now directly owns 949,504 shares in the company, valued at $22,740,620.80. This represents a 1.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ric Smith sold 14,583 shares of the stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $22.75, for a total transaction of $331,763.25. Following the transaction, the insider now owns 531,459 shares in the company, valued at approximately $12,090,692.25. The trade was a 2.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 286,699 shares of company stock valued at $6,712,815 in the last 90 days. Company insiders own 5.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on S shares. Susquehanna upped their target price 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. Wedbush upgraded shares of SentinelOne to a “strong-buy” rating in a research report on Thursday, October 17th. Guggenheim restated a “buy” rating and set a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Barclays dropped their target price on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. Finally, Oppenheimer started coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price for the company. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $29.56.

SentinelOne Price Performance

Shares of S opened at $24.61 on Tuesday. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The company’s fifty day simple moving average is $23.35 and its 200-day simple moving average is $24.21.

SentinelOne (NYSE:S) last posted 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). 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%. The company’s quarterly revenue was up 28.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.21) EPS. On average, research analysts expect that SentinelOne, Inc. will post -0.76 earnings per share 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.