SentinelOne, Inc. (NYSE:S) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in shares of SentinelOne, Inc. (NYSE:S) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,464,580 shares of the company’s stock after acquiring an additional 482,345 shares during the quarter. Vanguard Group Inc. owned about 7.86% of SentinelOne worth $643,868,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Austin Wealth Management LLC acquired a new position in shares of SentinelOne during the fourth quarter valued at approximately $325,000. Voisard Asset Management Group Inc. acquired a new position in SentinelOne in the fourth quarter worth approximately $274,000. Readystate Asset Management LP acquired a new position in SentinelOne in the fourth quarter worth approximately $5,238,000. Brandywine Managers LLC acquired a new position in SentinelOne in the fourth quarter worth approximately $217,000. Finally, Eminence Capital LP grew its position in SentinelOne by 89.7% in the fourth quarter. Eminence Capital LP now owns 5,434,754 shares of the company’s stock worth $149,130,000 after buying an additional 2,569,781 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

S has been the topic of several recent research reports. Scotiabank decreased their price target on shares of SentinelOne from $25.00 to $18.00 and set a “sector perform” rating on the stock in a research report on Monday, June 3rd. Barclays decreased their price target on shares of SentinelOne from $27.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Friday, May 31st. Wells Fargo & Company decreased their price target on shares of SentinelOne from $26.00 to $19.00 and set an “equal weight” rating on the stock in a research report on Friday, May 31st. Needham & Company LLC decreased their price target on shares of SentinelOne from $31.00 to $25.00 and set a “buy” rating on the stock in a research report on Monday, June 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of SentinelOne from $31.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday, May 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus target price of $25.08.

SentinelOne Stock Up 2.1 %

SentinelOne stock opened at $18.33 on Monday. The company’s fifty day simple moving average is $20.19 and its 200-day simple moving average is $23.82. SentinelOne, Inc. has a 12 month low of $13.87 and a 12 month high of $30.76. The stock has a market cap of $5.73 billion, a P/E ratio of -17.97 and a beta of 0.59.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, May 30th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.18). SentinelOne had a negative net margin of 44.79% and a negative return on equity of 16.48%. The business had revenue of $186.36 million during the quarter, compared to analyst estimates of $181.11 million. During the same period in the previous year, the firm posted ($0.35) EPS. The firm’s revenue for the quarter was up 39.7% on a year-over-year basis. On average, equities research analysts expect that SentinelOne, Inc. will post -0.73 earnings per share for the current fiscal year.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 91,914 shares of SentinelOne stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $21.14, for a total value of $1,943,061.96. Following the completion of the sale, the chief executive officer now owns 1,183,043 shares of the company’s stock, valued at approximately $25,009,529.02. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other SentinelOne news, CFO David J. Bernhardt sold 2,631 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $21.26, for a total transaction of $55,935.06. Following the completion of the transaction, the chief financial officer now owns 532,380 shares of the company’s stock, valued at approximately $11,318,398.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Tomer Weingarten sold 91,914 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $21.14, for a total transaction of $1,943,061.96. Following the transaction, the chief executive officer now directly owns 1,183,043 shares of the company’s stock, valued at approximately $25,009,529.02. The disclosure for this sale can be found here. In the last 90 days, insiders sold 507,065 shares of company stock valued at $10,055,772. Insiders own 5.60% of the company’s stock.

SentinelOne 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.