Redwood Wealth Management Group LLC Makes New Investment in SentinelOne, Inc. $S

Redwood Wealth Management Group LLC bought a new stake in SentinelOne, Inc. (NYSE:S) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 93,213 shares of the company’s stock, valued at approximately $1,641,000.

Other large investors have also recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new position in SentinelOne during the second quarter worth approximately $29,000. First Horizon Advisors Inc. grew its position in shares of SentinelOne by 287.8% during the second quarter. First Horizon Advisors Inc. now owns 2,439 shares of the company’s stock worth $45,000 after acquiring an additional 1,810 shares during the last quarter. Foster Dykema Cabot & Partners LLC grew its position in shares of SentinelOne by 66.7% during the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,007 shares of the company’s stock worth $55,000 after acquiring an additional 1,203 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after acquiring an additional 692 shares during the period. Finally, Global Retirement Partners LLC raised its position in SentinelOne by 15,900.0% in the 3rd quarter. Global Retirement Partners LLC now owns 3,680 shares of the company’s stock valued at $65,000 after purchasing an additional 3,657 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other SentinelOne news, CAO Robin Tomasello sold 8,509 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $14.58, for a total transaction of $124,061.22. Following the sale, the chief accounting officer directly owned 285,551 shares in the company, valued at approximately $4,163,333.58. The trade was a 2.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Barbara A. Larson sold 11,173 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $14.82, for a total transaction of $165,583.86. Following the completion of the transaction, the chief financial officer owned 539,372 shares of the company’s stock, valued at $7,993,493.04. This represents a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 361,394 shares of company stock valued at $5,558,207 in the last quarter. Corporate insiders own 4.33% of the company’s stock.

SentinelOne Trading Down 1.3%

NYSE S opened at $15.13 on Friday. The stock has a market capitalization of $5.14 billion, a price-to-earnings ratio of -12.10 and a beta of 0.77. The business’s 50 day moving average is $15.68 and its two-hundred day moving average is $17.08. SentinelOne, Inc. has a 12-month low of $14.43 and a 12-month high of $25.24.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The business had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same period last year, the firm earned ($0.25) EPS. The company’s quarterly revenue was up 22.9% compared to the same quarter last year. Equities analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Cantor Fitzgerald lowered their price objective on shares of SentinelOne from $24.00 to $22.00 and set an “overweight” rating on the stock in a research report on Monday, November 24th. Needham & Company LLC reissued a “buy” rating and set a $21.00 price target on shares of SentinelOne in a report on Friday, December 12th. Barclays dropped their price target on SentinelOne from $21.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 19th. Westpark Capital reaffirmed a “buy” rating and set a $25.00 price objective on shares of SentinelOne in a research report on Friday, December 5th. Finally, Citizens Jmp lowered their target price on SentinelOne from $29.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $22.33.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.