SentinelOne, Inc. (NYSE:S) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lowered its holdings in SentinelOne, Inc. (NYSE:S) by 8.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 216,268 shares of the company’s stock after selling 19,025 shares during the quarter. Rhumbline Advisers owned 0.07% of SentinelOne worth $4,552,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Evoke Wealth LLC lifted its holdings in SentinelOne by 0.3% in the fourth 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 during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of SentinelOne by 49.1% in the 2nd 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 during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in 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 in the last quarter. Sugarloaf Wealth Management LLC grew its position in SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after buying an additional 700 shares during the period. Finally, Advisors Asset Management Inc. increased its holdings in SentinelOne by 19.3% in the first quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock valued at $107,000 after buying an additional 743 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Insider Activity at SentinelOne

In related news, insider Ric Smith sold 99,502 shares of the stock in a transaction on Friday, July 5th. The shares were sold at an average price of $20.10, for a total value of $1,999,990.20. Following the transaction, 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 link. In related news, insider Ric Smith sold 99,502 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $20.10, for a total transaction of $1,999,990.20. Following the transaction, the insider now owns 639,834 shares in the company, valued at approximately $12,860,663.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Tomer Weingarten sold 82,116 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $21.60, for a total value of $1,773,705.60. Following the completion of the sale, the chief executive officer now owns 1,039,497 shares of the company’s stock, valued at approximately $22,453,135.20. The disclosure for this sale can be found here. Insiders sold 574,769 shares of company stock valued at $12,295,560 over the last three months. 5.60% of the stock is owned by corporate insiders.

SentinelOne Stock Up 2.3 %

S stock opened at $22.68 on Monday. The business’s 50-day moving average is $22.43 and its two-hundred day moving average is $21.85. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. The company had revenue of $198.94 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 33.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.26) EPS. On average, equities research analysts predict that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

S has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on SentinelOne from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Friday, August 23rd. Canaccord Genuity Group upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $28.00 to $23.00 in a research report on Tuesday, June 4th. Susquehanna lifted their target price 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. The Goldman Sachs Group restated a “neutral” rating and set a $25.00 price target on shares of SentinelOne in a research report on Friday. Finally, Guggenheim reiterated a “buy” rating and issued a $23.00 price objective on shares of SentinelOne in a report on Tuesday, June 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $27.83.

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.