SentinelOne, Inc. (NYSE:S) Shares Sold by Sei Investments Co.

Sei Investments Co. decreased its position in SentinelOne, Inc. (NYSE:S) by 36.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 84,170 shares of the company’s stock after selling 47,935 shares during the period. Sei Investments Co.’s holdings in SentinelOne were worth $1,772,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its position 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 acquiring an additional 434 shares in the last quarter. Sugarloaf Wealth Management LLC lifted its position in shares of SentinelOne by 56.0% in the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after acquiring an additional 700 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of 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 acquiring an additional 743 shares in the last quarter. Archford Capital Strategies LLC lifted its position in shares of SentinelOne by 1.8% in the second quarter. Archford Capital Strategies LLC now owns 45,861 shares of the company’s stock valued at $965,000 after acquiring an additional 790 shares in the last quarter. Finally, Rathbones Group PLC lifted its position in shares of SentinelOne by 0.4% in the second quarter. Rathbones Group PLC now owns 288,667 shares of the company’s stock valued at $6,076,000 after acquiring an additional 1,038 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Stock Up 5.1 %

Shares of NYSE S opened at $24.15 on Friday. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The business has a 50 day moving average price of $23.14 and a two-hundred day moving average price of $21.67. The firm has a market cap of $7.66 billion, a PE ratio of -23.68 and a beta of 0.67.

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

Insider Transactions at SentinelOne

In related news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $20.54, for a total transaction of $1,250,146.56. Following the completion of the transaction, the chief executive officer now owns 1,119,312 shares in the company, valued at $22,990,668.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $20.54, for a total transaction of $1,250,146.56. Following the completion of the transaction, the chief executive officer now owns 1,119,312 shares in the company, valued at $22,990,668.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ric Smith sold 14,583 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $23.54, for a total value of $343,283.82. Following the transaction, the insider now owns 639,834 shares of the company’s stock, valued at $15,061,692.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 489,850 shares of company stock worth $10,648,478. 5.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

S has been the topic of several recent analyst reports. Baird R W upgraded SentinelOne to a “strong-buy” rating in a research report on Monday, July 15th. JPMorgan Chase & Co. increased their target price on SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, August 23rd. DA Davidson increased their target price on SentinelOne from $18.50 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 28th. The Goldman Sachs Group reiterated a “neutral” rating and set a $25.00 target price on shares of SentinelOne in a research report on Friday, September 13th. Finally, Needham & Company LLC increased their target price on SentinelOne from $25.00 to $29.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. One analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average 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.