Quotient Wealth Partners LLC Sells 7,500 Shares of SentinelOne, Inc. (NYSE:S)

Quotient Wealth Partners LLC lowered its stake in SentinelOne, Inc. (NYSE:S) by 11.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 SEC filing.

Other hedge funds also recently made changes to their positions in the company. Waldron Private Wealth LLC bought a new position in SentinelOne in the third quarter valued at about $26,000. Crewe Advisors LLC bought a new position in SentinelOne in the 4th quarter valued at approximately $33,000. Modus Advisors LLC acquired a new stake in SentinelOne during the 4th quarter worth approximately $48,000. Capital Performance Advisors LLP bought a new stake in SentinelOne during the 3rd quarter worth approximately $55,000. Finally, Blue Trust Inc. increased its position in SentinelOne by 105.9% in the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after acquiring an additional 1,223 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Ric Smith sold 2,341 shares of SentinelOne stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now directly owns 529,118 shares in the company, valued at $12,672,376.10. The trade was a 0.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 owns 949,504 shares of the company’s stock, valued at approximately $22,740,620.80. The trade was a 1.06 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 357,354 shares of company stock valued at $8,665,013. Corporate insiders own 5.60% of the company’s stock.

SentinelOne Stock Performance

S opened at $23.93 on Friday. The company’s fifty day moving average price is $23.41 and its two-hundred day moving average price is $24.20. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76.

SentinelOne (NYSE:S) last issued 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). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. During the same period last year, the company earned ($0.21) earnings per share. The business’s revenue for the quarter was up 28.3% compared to the same quarter last year. Equities analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on S shares. DA Davidson lifted their price target on shares of SentinelOne from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Susquehanna lifted their target price on SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a report on Thursday, December 5th. Morgan Stanley reissued an “equal weight” rating and issued a $29.00 price target on shares of SentinelOne in a research note on Monday, December 2nd. Needham & Company LLC restated a “buy” rating and set a $32.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Finally, Westpark Capital reiterated a “buy” rating and issued a $34.00 target price on shares of SentinelOne in a report on Tuesday, December 3rd. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.