Arlington Trust Co LLC Takes $33,000 Position in SentinelOne, Inc. (NYSE:S)

Arlington Trust Co LLC purchased a new stake in SentinelOne, Inc. (NYSE:S) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,500 shares of the company’s stock, valued at approximately $33,000.

A number of other institutional investors have also modified their holdings of S. Sylebra Capital LLC boosted its stake in SentinelOne by 33.7% in the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after purchasing an additional 2,282,980 shares in the last quarter. State Street Corp boosted its stake in SentinelOne by 11.3% in 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 in the last quarter. Geode Capital Management LLC boosted its stake in SentinelOne by 8.6% in the 3rd quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company’s stock worth $107,326,000 after purchasing an additional 355,944 shares in the last quarter. Atreides Management LP boosted its stake in SentinelOne by 137.3% in the 3rd quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after purchasing an additional 2,200,594 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new stake in SentinelOne in the 3rd quarter worth approximately $80,604,000. 90.87% of the stock is currently owned by institutional investors.

SentinelOne Price Performance

Shares of NYSE S opened at $24.61 on Tuesday. The firm has a fifty day moving average of $23.35 and a 200 day moving average of $24.21. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76.

SentinelOne (NYSE:S) last announced its earnings results 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 return on equity of 15.80% and a negative net margin of 37.61%. The business had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same period last year, the firm earned ($0.21) EPS. The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. As a group, equities research analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on S. Piper Sandler upgraded shares of SentinelOne from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $25.00 to $32.00 in a research note on Monday, October 14th. JPMorgan Chase & Co. raised their price target on shares of SentinelOne from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, November 29th. UBS Group lowered shares of SentinelOne from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $30.00 to $25.00 in a research report on Wednesday, January 15th. Westpark Capital reissued a “buy” rating and set a $34.00 price target on shares of SentinelOne in a research report on Tuesday, December 3rd. Finally, DA Davidson raised their price target on shares of SentinelOne from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.56.

Insiders Place Their Bets

In other news, insider Ric Smith sold 41,170 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $23.98, for a total transaction of $987,256.60. Following the transaction, the insider now owns 531,459 shares of the company’s stock, valued at approximately $12,744,386.82. The trade was a 7.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Tomer Weingarten sold 82,116 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $22,658,092.02. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 286,699 shares of company stock valued at $6,712,815 in the last 90 days. 5.60% of the stock is owned by insiders.

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.