Flynn Zito Capital Management LLC Makes New $314,000 Investment in SentinelOne, Inc. (NYSE:S)

Flynn Zito Capital Management LLC purchased a new position in shares of SentinelOne, Inc. (NYSE:S) during the fourth quarter, Holdings Channel.com reports. The fund purchased 11,455 shares of the company’s stock, valued at approximately $314,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advisors Asset Management Inc. acquired a new stake in shares of SentinelOne during the 1st quarter worth approximately $43,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in SentinelOne in the 3rd quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new stake in SentinelOne in the 3rd quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. acquired a new position in shares of SentinelOne during the 3rd quarter valued at $34,000. Finally, Montag A & Associates Inc. increased its position in shares of SentinelOne by 143.0% during the 3rd quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock valued at $34,000 after purchasing an additional 1,200 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other SentinelOne news, CFO David J. Bernhardt sold 2,631 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $27.68, for a total value of $72,826.08. Following the completion of the sale, the chief financial officer now owns 347,153 shares of the company’s stock, valued at $9,609,195.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Tomer Weingarten sold 69,427 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $27.09, for a total transaction of $1,880,777.43. Following the completion of the transaction, the chief executive officer now owns 1,285,122 shares of the company’s stock, valued at approximately $34,813,954.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David J. Bernhardt sold 2,631 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $27.68, for a total value of $72,826.08. Following the transaction, the chief financial officer now directly owns 347,153 shares of the company’s stock, valued at approximately $9,609,195.04. The disclosure for this sale can be found here. Insiders sold 321,583 shares of company stock valued at $8,355,882 over the last quarter. Insiders own 5.93% of the company’s stock.

SentinelOne Trading Down 0.1 %

NYSE S traded down $0.02 on Thursday, reaching $20.61. The stock had a trading volume of 2,987,898 shares, compared to its average volume of 5,940,483. The business has a 50 day moving average price of $25.27 and a 200 day moving average price of $22.73. SentinelOne, Inc. has a 1 year low of $12.43 and a 1 year high of $30.76. The company has a market capitalization of $6.39 billion, a price-to-earnings ratio of -17.78 and a beta of 0.66.

SentinelOne (NYSE:S) last issued its earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. The firm had revenue of $174.18 million for the quarter, compared to the consensus estimate of $169.40 million. During the same quarter in the previous year, the company posted ($0.30) earnings per share. The business’s quarterly revenue was up 38.1% compared to the same quarter last year. On average, analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

S has been the topic of a number of research reports. Needham & Company LLC boosted their price objective on SentinelOne from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Tuesday, March 12th. Bank of America raised SentinelOne from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $26.50 to $35.00 in a research note on Wednesday, February 14th. Wedbush boosted their price objective on SentinelOne from $28.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, March 14th. BTIG Research upgraded SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Monday, January 22nd. Finally, StockNews.com upgraded SentinelOne to a “sell” rating in a report on Friday, January 12th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $26.08.

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.