L.M. Kohn & Company Makes New $345,000 Investment in SentinelOne, Inc. (NYSE:S)

L.M. Kohn & Company acquired a new position in SentinelOne, Inc. (NYSE:SGet Rating) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,885 shares of the company’s stock, valued at approximately $345,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ensign Peak Advisors Inc bought a new position in SentinelOne in the 4th quarter valued at about $16,106,000. Jeneq Management LP bought a new position in SentinelOne in the 1st quarter valued at about $418,000. Levin Capital Strategies L.P. bought a new position in SentinelOne in the 4th quarter valued at about $606,000. Edge Capital Group LLC bought a new position in SentinelOne in the 1st quarter valued at about $453,000. Finally, Polarity Investment Partners LP bought a new position in SentinelOne in the 4th quarter valued at about $2,106,000. Institutional investors and hedge funds own 67.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on S shares. Barclays lifted their price target on shares of SentinelOne from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday, September 1st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of SentinelOne from $30.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, September 6th. BTIG Research lifted their price target on shares of SentinelOne to $38.00 in a report on Tuesday, September 6th. Wells Fargo & Company lifted their price target on shares of SentinelOne from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Thursday, September 1st. Finally, Citigroup lifted their price target on shares of SentinelOne to $30.00 in a report on Tuesday, September 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $39.65.

SentinelOne Stock Performance

Shares of NYSE S opened at $27.86 on Friday. SentinelOne, Inc. has a 52-week low of $18.64 and a 52-week high of $78.53. The company’s 50 day moving average price is $26.37 and its 200-day moving average price is $29.01.

SentinelOne (NYSE:SGet Rating) last issued its quarterly earnings results on Wednesday, August 31st. The company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.05. The firm had revenue of $102.51 million for the quarter, compared to the consensus estimate of $95.66 million. SentinelOne had a negative net margin of 107.95% and a negative return on equity of 18.98%. The company’s revenue for the quarter was up 124.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.56) EPS. On average, analysts predict that SentinelOne, Inc. will post -1.27 earnings per share for the current fiscal year.

Insider Transactions at SentinelOne

In related news, CFO David J. Bernhardt sold 3,315 shares of the business’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $26.45, for a total transaction of $87,681.75. Following the transaction, the chief financial officer now owns 100,732 shares in the company, valued at approximately $2,664,361.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Tomer Weingarten sold 9,944 shares of the business’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $26.45, for a total transaction of $263,018.80. Following the transaction, the chief executive officer now owns 299,219 shares in the company, valued at approximately $7,914,342.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO David J. Bernhardt sold 3,315 shares of the business’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $26.45, for a total transaction of $87,681.75. Following the transaction, the chief financial officer now owns 100,732 shares in the company, valued at approximately $2,664,361.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 16,212 shares of company stock worth $428,807. Company insiders own 7.48% of the company’s stock.

SentinelOne Company Profile

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SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. The company's Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform.

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Institutional Ownership by Quarter for SentinelOne (NYSE:S)

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