Bison Wealth LLC Invests $228,000 in SentinelOne, Inc. (NYSE:S)

Bison Wealth LLC purchased a new stake in SentinelOne, Inc. (NYSE:S) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,321 shares of the company’s stock, valued at approximately $228,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of S. Householder Group Estate & Retirement Specialist LLC bought a new position in SentinelOne in the third quarter worth about $25,000. International Assets Investment Management LLC acquired a new stake in SentinelOne in the third quarter worth $32,000. BOK Financial Private Wealth Inc. acquired a new stake in SentinelOne in the third quarter worth $34,000. Montag A & Associates Inc. lifted its stake in SentinelOne by 143.0% in the third quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock valued at $34,000 after buying an additional 1,200 shares during the last quarter. Finally, Comerica Bank bought a new position in shares of SentinelOne during the third quarter worth about $37,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insider Activity at SentinelOne

In other news, CEO Tomer Weingarten sold 47,365 shares of the stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $22.28, for a total value of $1,055,292.20. Following the completion of the sale, the chief executive officer now directly owns 1,285,122 shares of the company’s stock, valued at $28,632,518.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Robin Tomasello sold 4,001 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $27.25, for a total value of $109,027.25. Following the completion of the sale, the chief accounting officer now owns 203,196 shares of the company’s stock, valued at approximately $5,537,091. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Tomer Weingarten sold 47,365 shares of the stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $22.28, for a total value of $1,055,292.20. Following the completion of the transaction, the chief executive officer now owns 1,285,122 shares in the company, valued at approximately $28,632,518.16. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 321,583 shares of company stock valued at $8,355,882. Company insiders own 5.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on S shares. Wells Fargo & Company lifted their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the company an “equal weight” rating in a research report on Thursday, March 14th. Needham & Company LLC lifted their price target on SentinelOne from $28.00 to $31.00 and gave the company a “buy” rating in a report on Tuesday, March 12th. Wedbush increased their price objective on SentinelOne from $28.00 to $32.00 and gave the stock an “overweight” rating in a report on Thursday, March 14th. Citigroup lifted their target price on SentinelOne from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, January 10th. Finally, Sanford C. Bernstein boosted their price target on SentinelOne from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, March 14th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $26.08.

SentinelOne Stock Performance

NYSE S opened at $20.63 on Thursday. SentinelOne, Inc. has a 1 year low of $12.43 and a 1 year high of $30.76. The stock’s 50-day moving average price is $25.27 and its two-hundred day moving average price is $22.73.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The firm had revenue of $174.18 million during the quarter, compared to analyst estimates of $169.40 million. During the same quarter last year, the business posted ($0.30) EPS. The company’s revenue was up 38.1% on a year-over-year basis. As a group, equities analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

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.