SentinelOne, Inc. (NYSE:S) Shares Sold by Almanack Investment Partners LLC.

Almanack Investment Partners LLC. cut its stake in shares of SentinelOne, Inc. (NYSE:S) by 67.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 21,725 shares of the company’s stock after selling 44,669 shares during the period. Almanack Investment Partners LLC.’s holdings in SentinelOne were worth $482,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Guggenheim reaffirmed a “buy” rating and issued a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Susquehanna upped their target price on shares of SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. lifted their price target on SentinelOne from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, November 29th. Oppenheimer began coverage on SentinelOne in a report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective for the company. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $30.00 target price on shares of SentinelOne in a report on Friday, October 18th. 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.56.

SentinelOne Stock Up 0.4 %

S stock opened at $23.93 on Friday. The company has a 50-day simple moving average of $23.41 and a 200 day simple moving average of $24.20. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (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 company had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. During the same quarter last year, the business earned ($0.21) earnings per share. The company’s revenue was up 28.3% on a year-over-year basis. On average, equities research analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Insider Activity

In related news, CEO Tomer Weingarten sold 70,655 shares of SentinelOne stock in a transaction on Monday, November 11th. The stock was sold at an average price of $27.63, for a total value of $1,952,197.65. Following the transaction, the chief executive officer now directly owns 1,019,541 shares in the company, valued at $28,169,917.83. The trade was a 6.48 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $22.75, for a total value of $331,763.25. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 357,354 shares of company stock worth $8,665,013. 5.60% of the stock is owned by company insiders.

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.