SentinelOne, Inc. $S Stock: Almanack Investment Partners LLC. Lowers Position

Key Points

• Almanack Investment Partners cut its SentinelOne stake by 86.2% in the third quarter, selling 71,003 shares and retaining 11,390 shares worth about $271,000. Institutional investors collectively own 90.87% of the stock.
• SentinelOne’s latest quarterly results topped consensus: EPS was $0.08 versus $0.07 expected, and revenue of $291.98 million exceeded estimates and rose 20.6% year over year.
• Analyst sentiment is moderately positive, with an average rating of “Moderate Buy” and a $24.61 consensus price target. Shares were reported up 7.9%, opening at $23.49.

Almanack Investment Partners LLC. lowered its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 86.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,390 shares of the company's stock after selling 71,003 shares during the quarter. Almanack Investment Partners LLC.'s holdings in SentinelOne were worth $271,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Allied Private Wealth LLC bought a new position in shares of SentinelOne during the 2nd quarter valued at approximately $25,000. Fortitude Family Office LLC increased its stake in SentinelOne by 192.2% in the 3rd quarter. Fortitude Family Office LLC now owns 2,066 shares of the company's stock worth $49,000 after buying an additional 1,359 shares in the last quarter. Provenance Wealth Advisors LLC bought a new stake in SentinelOne during the 3rd quarter valued at approximately $55,000. Root Financial Partners LLC purchased a new stake in SentinelOne during the 3rd quarter valued at approximately $84,000. Finally, GAMMA Investing LLC grew its holdings in SentinelOne by 29.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,685 shares of the company's stock valued at $63,000 after buying an additional 843 shares in the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of SentinelOne from $18.00 to $22.00 and gave the company a "neutral" rating in a research report on Friday, August 21st. DA Davidson set a $20.00 price objective on SentinelOne in a report on Thursday, October 22nd. Barclays increased their price objective on shares of SentinelOne from $22.00 to $23.00 and gave the company an "equal weight" rating in a research report on Friday, August 28th. FBN Securities cut shares of SentinelOne from an "outperform" rating to a "sector perform" rating and set a $24.00 price objective for the company. in a research note on Tuesday, October 6th. Finally, TD Cowen boosted their price objective on shares of SentinelOne from $26.00 to $29.00 and gave the company a "buy" rating in a research report on Friday, October 2nd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, SentinelOne presently has an average rating of "Moderate Buy" and a consensus price target of $24.61.

SentinelOne Trading Up 7.9%

Shares of S stock opened at $23.49 on Tuesday. SentinelOne, Inc. has a twelve month low of $11.81 and a twelve month high of $26.50. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of -23.25 and a beta of 0.59. The stock has a fifty day simple moving average of $23.12 and a two-hundred day simple moving average of $17.88.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million for the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. The business's revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.22) EPS. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. Research analysts predict that SentinelOne, Inc. will post -0.47 EPS for the current fiscal year.

Insider Activity

In other SentinelOne news, COO Barry L. Padgett sold 15,460 shares of the firm's stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $25.33, for a total value of $391,601.80. Following the completion of the sale, the chief operating officer owned 961,970 shares of the company's stock, valued at approximately $24,366,700.10. This trade represents a 1.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Robin Tomasello sold 21,440 shares of the business's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.67, for a total value of $421,724.80. Following the sale, the chief accounting officer owned 418,423 shares in the company, valued at $8,230,380.41. The trade was a 4.87% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 755,582 shares of company stock worth $18,023,238 over the last 90 days. 4.27% of the stock is currently owned by insiders.

SentinelOne Profile

SentinelOne, Inc is a cybersecurity company that develops software to help organizations detect, prevent and respond to cyber threats. Its Singularity platform uses artificial intelligence and automation to protect endpoints, cloud workloads and identities, and to support security operations.

The platform includes endpoint protection and detection, cloud security, threat hunting and incident response capabilities. SentinelOne also offers security information and event management tools and Purple AI, which helps security teams investigate threats using natural-language queries.

Founded in 2013, SentinelOne serves businesses and other organizations internationally.

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