National Bank of Canada FI Has $85,000 Stake in SentinelOne, Inc. (NYSE:S)

National Bank of Canada FI grew its holdings in SentinelOne, Inc. (NYSE:S) by 92.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,158 shares of the company’s stock after acquiring an additional 2,000 shares during the quarter. National Bank of Canada FI’s holdings in SentinelOne were worth $85,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of S. Evoke Wealth LLC lifted its position in SentinelOne by 0.3% in the 4th quarter. Evoke Wealth LLC now owns 141,557 shares of the company’s stock valued at $3,884,000 after acquiring an additional 378 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after purchasing an additional 434 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of SentinelOne by 3.1% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 17,330 shares of the company’s stock worth $476,000 after buying an additional 519 shares during the period. Sugarloaf Wealth Management LLC boosted its position in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after buying an additional 700 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in shares of SentinelOne by 19.3% during the first quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock worth $107,000 after buying an additional 743 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Stock Up 2.3 %

S stock opened at $22.68 on Friday. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.76. The business has a 50-day simple moving average of $22.43 and a 200 day simple moving average of $21.89. The company has a market cap of $7.19 billion, a PE ratio of -22.24 and a beta of 0.67.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The business had revenue of $198.94 million for the quarter, compared to analysts’ expectations of $197.32 million. During the same period last year, the firm posted ($0.26) earnings per share. The firm’s quarterly revenue was up 33.1% compared to the same quarter last year. On average, analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Susquehanna increased their target price on shares of SentinelOne from $22.00 to $28.00 and gave the stock a “positive” rating in a report on Thursday, September 5th. DA Davidson raised their price objective on SentinelOne from $18.50 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, August 28th. Morgan Stanley lifted their target price on SentinelOne from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Wednesday, August 28th. Loop Capital increased their price target on SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. Finally, Wedbush boosted their price target on SentinelOne from $20.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, August 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $27.83.

Insider Activity

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $21.83, for a total transaction of $1,328,661.12. Following the sale, the chief executive officer now owns 1,119,312 shares of the company’s stock, valued at $24,434,580.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other SentinelOne news, insider Ric Smith sold 99,502 shares of the business’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $20.10, for a total transaction of $1,999,990.20. Following the sale, the insider now directly owns 639,834 shares of the company’s stock, valued at approximately $12,860,663.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $21.83, for a total transaction of $1,328,661.12. Following the transaction, the chief executive officer now directly owns 1,119,312 shares of the company’s stock, valued at approximately $24,434,580.96. The disclosure for this sale can be found here. In the last three months, insiders have sold 574,769 shares of company stock worth $12,295,560. Corporate 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.