Principal Financial Group Inc. Has $357,000 Holdings in SentinelOne, Inc. (NYSE:S)

Principal Financial Group Inc. trimmed its position in shares of SentinelOne, Inc. (NYSE:S) by 13.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,084 shares of the company’s stock after selling 2,407 shares during the quarter. Principal Financial Group Inc.’s holdings in SentinelOne were worth $357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC bought a new position in shares of SentinelOne in the 3rd quarter valued at approximately $457,000. Van ECK Associates Corp grew its holdings in shares of SentinelOne by 1.6% during the 3rd quarter. Van ECK Associates Corp now owns 96,015 shares of the company’s stock worth $2,427,000 after purchasing an additional 1,489 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in shares of SentinelOne by 1.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 190,315 shares of the company’s stock worth $4,552,000 after purchasing an additional 2,833 shares in the last quarter. Amalgamated Bank boosted its stake in SentinelOne by 14.3% in the 3rd quarter. Amalgamated Bank now owns 14,886 shares of the company’s stock valued at $356,000 after buying an additional 1,857 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in SentinelOne in the 3rd quarter valued at $55,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

S has been the topic of a number of recent analyst reports. Cantor Fitzgerald assumed coverage on SentinelOne in a research note on Thursday, January 9th. They issued an “overweight” rating and a $30.00 price objective on the stock. Robert W. Baird upped their price objective on SentinelOne from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Monday, December 2nd. Susquehanna increased their price target on SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a report on Thursday, December 5th. Scotiabank increased their price target on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, December 5th. Finally, Sanford C. Bernstein reduced their price objective on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, SentinelOne has an average rating of “Moderate Buy” and an average price target of $29.48.

SentinelOne Trading Down 0.3 %

Shares of NYSE S opened at $19.84 on Friday. The business’s 50 day moving average is $22.70 and its 200-day moving average is $24.22. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The firm has a market cap of $6.37 billion, a P/E ratio of -21.10 and a beta of 0.78.

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

Insider Buying and Selling

In other news, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $23.74, for a total value of $1,444,911.36. Following the completion of the sale, the chief executive officer now directly owns 959,682 shares of the company’s stock, valued at $22,782,850.68. This represents a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ric Smith sold 2,341 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $12,672,376.10. This trade represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 437,968 shares of company stock worth $10,020,586 in the last 90 days. Insiders own 5.60% of the company’s stock.

SentinelOne Company 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.