Asset Management One Co. Ltd. Has $4.08 Million Holdings in SentinelOne, Inc. (NYSE:S)

Asset Management One Co. Ltd. reduced its holdings in SentinelOne, Inc. (NYSE:S) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,587 shares of the company’s stock after selling 8,728 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.06% of SentinelOne worth $4,077,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of S. Bleakley Financial Group LLC acquired a new position in SentinelOne during the 3rd quarter worth $204,000. Blue Trust Inc. lifted its holdings in SentinelOne by 105.9% during the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock worth $57,000 after buying an additional 1,223 shares in the last quarter. Raymond James & Associates lifted its holdings in SentinelOne by 3.4% during the 3rd quarter. Raymond James & Associates now owns 318,798 shares of the company’s stock worth $7,626,000 after buying an additional 10,572 shares in the last quarter. Waldron Private Wealth LLC acquired a new position in SentinelOne during the 3rd quarter worth $26,000. Finally, Private Advisor Group LLC lifted its holdings in SentinelOne by 13.5% during the 3rd quarter. Private Advisor Group LLC now owns 17,598 shares of the company’s stock worth $421,000 after buying an additional 2,093 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Down 5.2 %

Shares of S opened at $23.08 on Thursday. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of -24.55 and a beta of 0.75. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $29.49. The stock has a 50 day moving average price of $23.18 and a 200 day moving average price of $24.30.

SentinelOne (NYSE:S) last released its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company had revenue of $210.60 million for the quarter, compared to analysts’ expectations of $209.73 million. During the same quarter last year, the company earned ($0.21) EPS. SentinelOne’s revenue for the quarter was up 28.3% compared to the same quarter last year. On average, equities analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insider Transactions at SentinelOne

In related news, insider Ric Smith sold 41,170 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total transaction of $987,256.60. Following the sale, the insider now owns 531,459 shares of the company’s stock, valued at $12,744,386.82. This trade represents a 7.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $23.61, for a total value of $1,938,758.76. Following the sale, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $22,658,092.02. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 357,341 shares of company stock worth $8,423,765 over the last 90 days. 5.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on S. Westpark Capital restated a “buy” rating and issued a $34.00 price objective on shares of SentinelOne in a research report on Tuesday, December 3rd. Citigroup lowered their price objective on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Needham & Company LLC restated a “buy” rating and issued a $32.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Scotiabank upped their price objective on shares of SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research report on Thursday, December 5th. Finally, Barclays lowered their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.48.

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.