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

Almanack Investment Partners LLC. lowered its stake in shares of SentinelOne, Inc. (NYSE:S) by 67.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,725 shares of the company’s stock after selling 44,669 shares during the quarter. Almanack Investment Partners LLC.’s holdings in SentinelOne were worth $482,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in S. Waldron Private Wealth LLC purchased a new stake in shares of SentinelOne in the third quarter valued at about $26,000. Crewe Advisors LLC acquired a new stake in SentinelOne in the fourth quarter valued at about $33,000. Modus Advisors LLC purchased a new stake in SentinelOne in the 4th quarter valued at approximately $48,000. Capital Performance Advisors LLP acquired a new position in SentinelOne during the 3rd quarter worth approximately $55,000. Finally, Blue Trust Inc. raised its stake in shares of SentinelOne by 105.9% during the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock worth $57,000 after buying an additional 1,223 shares in the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

SentinelOne Price Performance

Shares of S opened at $23.93 on Friday. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The company’s 50 day simple moving average is $23.41 and its 200 day simple moving average is $24.20.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million for 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 revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.21) EPS. Sell-side analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Ratings Changes

S has been the topic of a number of analyst reports. Guggenheim restated a “buy” rating and issued a $31.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. DA Davidson boosted their target price 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. UBS Group cut shares of SentinelOne from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $30.00 to $25.00 in a research note on Wednesday, January 15th. Morgan Stanley reiterated an “equal weight” rating and issued a $29.00 price objective on shares of SentinelOne in a research note on Monday, December 2nd. Finally, Jefferies Financial Group upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and upped their target price for the stock from $27.00 to $30.00 in a research report on Thursday, December 19th. Seven 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 company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $29.56.

Insiders Place Their Bets

In other news, insider Ric Smith sold 41,170 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total transaction of $987,256.60. Following the completion of the sale, the insider now directly owns 531,459 shares in the company, valued at $12,744,386.82. This represents a 7.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Tomer Weingarten sold 10,178 shares of SentinelOne stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total value of $243,763.10. Following the completion of the transaction, the chief executive officer now owns 949,504 shares in the company, valued at $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 have sold 357,354 shares of company stock valued at $8,665,013. Insiders own 5.60% of the company’s stock.

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.