University of Texas Texas AM Investment Management Co. Sells 1,117 Shares of SentinelOne, Inc. (NYSE:S)

University of Texas Texas AM Investment Management Co. decreased its position in SentinelOne, Inc. (NYSE:S) by 5.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 20,764 shares of the company’s stock after selling 1,117 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in SentinelOne were worth $437,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new position in shares of SentinelOne in the 4th quarter valued at about $30,000. Blue Trust Inc. bought a new stake in SentinelOne in the second quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC boosted its stake in shares of SentinelOne by 49.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after acquiring an additional 434 shares during the period. Sugarloaf Wealth Management LLC increased its holdings in shares of SentinelOne by 56.0% during the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after acquiring an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC bought a new stake in SentinelOne in the 2nd quarter valued at $49,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Trading Down 4.3 %

NYSE S opened at $22.88 on Wednesday. The stock has a market cap of $7.26 billion, a PE ratio of -22.43 and a beta of 0.67. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The company’s 50-day moving average price is $23.15 and its 200-day moving average price is $21.64.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $198.94 million during the quarter, compared to analysts’ expectations of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The company’s revenue was up 33.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.26) EPS. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on S. Susquehanna lifted their price target on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a research report on Thursday, September 5th. Baird R W upgraded shares of SentinelOne to a “strong-buy” rating in a research report on Monday, July 15th. Wells Fargo & Company lifted their price target on SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th. Wedbush upped their price objective on SentinelOne from $20.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, August 26th. Finally, DA Davidson boosted their target price on SentinelOne from $18.50 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.83.

Insiders Place Their Bets

In related news, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $24.20, for a total value of $352,908.60. Following the sale, the insider now owns 585,647 shares in the company, valued at $14,172,657.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $20.54, for a total transaction of $1,250,146.56. Following the completion of the transaction, the chief executive officer now directly owns 1,119,312 shares of the company’s stock, valued at approximately $22,990,668.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Ric Smith sold 14,583 shares of the firm’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $24.20, for a total transaction of $352,908.60. Following the sale, the insider now owns 585,647 shares in the company, valued at approximately $14,172,657.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 589,352 shares of company stock valued at $12,648,468. Insiders own 5.60% of the company’s stock.

About SentinelOne

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.