Rhumbline Advisers Has $6.97 Million Stock Holdings in SentinelOne, Inc. (NYSE:S)

Rhumbline Advisers boosted its holdings in shares of SentinelOne, Inc. (NYSE:S) by 24.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 314,049 shares of the company’s stock after acquiring an additional 62,404 shares during the period. Rhumbline Advisers owned approximately 0.10% of SentinelOne worth $6,972,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Avion Wealth acquired a new stake in shares of SentinelOne during the fourth quarter worth $28,000. Crewe Advisors LLC bought a new stake in SentinelOne during the fourth quarter worth about $33,000. Arlington Trust Co LLC acquired a new position in SentinelOne during the fourth quarter valued at approximately $33,000. Modus Advisors LLC bought a new position in SentinelOne in the fourth quarter valued at approximately $48,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of SentinelOne during the 3rd quarter worth approximately $55,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on S. JPMorgan Chase & Co. increased their price target on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Friday, November 29th. Westpark Capital reissued a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a report on Tuesday, December 3rd. Susquehanna boosted their price target on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a research note on Thursday, December 5th. UBS Group downgraded shares of SentinelOne from a “buy” rating to a “neutral” rating and cut their price objective for the company from $30.00 to $25.00 in a report on Wednesday, January 15th. Finally, Cantor Fitzgerald began coverage on SentinelOne in a research report on Thursday, January 9th. They set an “overweight” rating and a $30.00 price target on the stock. 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 company’s stock. Based on data from MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and an average price target of $29.48.

SentinelOne Price Performance

NYSE:S opened at $20.96 on Wednesday. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29. The company has a market cap of $6.73 billion, a PE ratio of -22.29 and a beta of 0.75. The firm’s 50 day simple moving average is $23.01 and its 200 day simple moving average is $24.35.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The company had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. SentinelOne’s revenue was up 28.3% compared to the same quarter last year. During the same quarter last year, the business earned ($0.21) earnings per share. Equities research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

Insider Transactions at SentinelOne

In other news, insider Ric Smith sold 2,341 shares of the firm’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $56,066.95. Following the completion of the sale, the insider now directly owns 529,118 shares in the company, valued at $12,672,376.10. This trade represents a 0.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Tomer Weingarten sold 82,116 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 959,682 shares of the company’s stock, valued at $22,658,092.02. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 357,341 shares of company stock worth $8,423,765 over the last three months. 5.60% of the stock is owned by company insiders.

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.