Archford Capital Strategies LLC Has $197,000 Stake in SentinelOne, Inc. (NYSE:S)

Archford Capital Strategies LLC lowered its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 76.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,861 shares of the company's stock after selling 35,950 shares during the period. Archford Capital Strategies LLC's holdings in SentinelOne were worth $197,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in S. Guggenheim Capital LLC lifted its holdings in shares of SentinelOne by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock worth $764,000 after buying an additional 478 shares during the last quarter. Smartleaf Asset Management LLC increased its position in SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after acquiring an additional 556 shares during the period. Laird Norton Wetherby Wealth Management LLC raised its stake in SentinelOne by 4.6% during the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company's stock valued at $365,000 after purchasing an additional 724 shares during the last quarter. Parallel Advisors LLC raised its stake in SentinelOne by 94.0% during the 1st quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock valued at $35,000 after purchasing an additional 942 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in SentinelOne by 48.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock valued at $73,000 after purchasing an additional 1,067 shares during the period. Institutional investors own 90.87% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on S shares. DA Davidson dropped their price objective on shares of SentinelOne from $18.00 to $17.00 and set a "neutral" rating on the stock in a report on Thursday, May 29th. Wells Fargo & Company reissued an "equal weight" rating and set a $18.00 target price (down from $22.00) on shares of SentinelOne in a research report on Thursday, May 29th. Stephens reaffirmed an "overweight" rating and issued a $25.00 price target on shares of SentinelOne in a report on Tuesday, May 27th. Roth Mkm began coverage on SentinelOne in a research report on Wednesday, April 23rd. They issued a "buy" rating and a $26.00 price objective for the company. Finally, UBS Group lowered their price objective on SentinelOne from $21.00 to $19.00 and set a "neutral" rating on the stock in a research report on Thursday, May 29th. Ten investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $24.83.

Insider Activity

In other news, insider Keenan Michael Conder sold 11,097 shares of the company's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $18.28, for a total value of $202,853.16. Following the completion of the sale, the insider now directly owns 596,332 shares of the company's stock, valued at $10,900,948.96. This represents a 1.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of $16.33, for a total transaction of $993,909.12. Following the transaction, the chief executive officer now directly owns 1,581,396 shares in the company, valued at $25,824,196.68. The trade was a 3.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 197,347 shares of company stock valued at $3,464,807 over the last 90 days. 4.33% of the stock is owned by company insiders.

SentinelOne Price Performance

Shares of S stock traded up $0.27 during trading hours on Thursday, reaching $18.01. 4,633,581 shares of the company were exchanged, compared to its average volume of 5,145,369. SentinelOne, Inc. has a fifty-two week low of $15.36 and a fifty-two week high of $29.29. The stock's fifty day moving average is $18.46 and its two-hundred day moving average is $20.38. The company has a market cap of $5.99 billion, a price-to-earnings ratio of -13.65 and a beta of 0.77.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02. The firm had revenue of $229.03 million for the quarter, compared to analyst estimates of $228.39 million. SentinelOne had a negative return on equity of 15.95% and a negative net margin of 49.36%. The firm's revenue was up 22.9% compared to the same quarter last year. On average, research analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

SentinelOne Company Profile

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.