Quotient Wealth Partners LLC Has $1.23 Million Holdings in SentinelOne, Inc. (NYSE:S)

Quotient Wealth Partners LLC decreased its stake in SentinelOne, Inc. (NYSE:S) by 11.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,291 shares of the company’s stock after selling 7,500 shares during the quarter. Quotient Wealth Partners LLC’s holdings in SentinelOne were worth $1,227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Creative Planning raised its position in shares of SentinelOne by 62.8% in the 2nd quarter. Creative Planning now owns 29,758 shares of the company’s stock valued at $626,000 after acquiring an additional 11,478 shares during the period. Truist Financial Corp raised its holdings in 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 during the second quarter worth $259,000. CWM LLC grew its holdings in shares of SentinelOne by 391.5% in the 3rd quarter. CWM LLC now owns 28,114 shares of the company’s stock valued at $672,000 after buying an additional 22,394 shares during the period. Finally, Wedmont Private Capital increased its position in shares of SentinelOne by 12.7% in the 3rd quarter. Wedmont Private Capital now owns 12,728 shares of the company’s stock valued at $296,000 after buying an additional 1,439 shares in the last quarter. Institutional investors own 90.87% of the company’s stock.

SentinelOne Stock Performance

NYSE:S opened at $23.93 on Friday. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The stock’s 50 day moving average price is $23.41 and its two-hundred day moving average price is $24.20.

SentinelOne (NYSE:S) last released its quarterly earnings data 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 analyst estimates of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. SentinelOne’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.21) earnings per share. Equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insider Transactions at SentinelOne

In other news, CEO Tomer Weingarten sold 82,116 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $23.61, for a total transaction of $1,938,758.76. Following the transaction, the chief executive officer now directly owns 959,682 shares of the company’s stock, valued at approximately $22,658,092.02. This trade represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ric Smith sold 2,341 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total value of $56,066.95. Following the completion of the sale, the insider now owns 529,118 shares of the company’s stock, valued at approximately $12,672,376.10. This trade represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 357,354 shares of company stock worth $8,665,013 over the last quarter. Company insiders own 5.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on S. Barclays decreased their target price on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday, December 5th. Cantor Fitzgerald started coverage on SentinelOne in a research report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 price objective for the company. Oppenheimer initiated coverage on shares of SentinelOne in a report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price on the stock. Citigroup reduced their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Finally, Scotiabank raised their price objective on shares of SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.56.

About SentinelOne

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.