Cwm LLC Has $672,000 Stake in SentinelOne, Inc. (NYSE:S)

Cwm LLC increased its holdings in SentinelOne, Inc. (NYSE:S) by 391.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,114 shares of the company’s stock after buying an additional 22,394 shares during the period. Cwm LLC’s holdings in SentinelOne were worth $672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in S. Blue Trust Inc. bought a new position in SentinelOne in the second quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC increased its stake in 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 during the last quarter. Sugarloaf Wealth Management LLC increased its stake in 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 during the last quarter. Unique Wealth Strategies LLC bought a new position in SentinelOne in the second quarter valued at approximately $49,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in SentinelOne in the first quarter valued at approximately $80,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on S. JMP Securities reissued a “market outperform” rating and issued a $33.00 price objective on shares of SentinelOne in a research note on Wednesday, August 28th. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $25.00 to $32.00 in a research note on Monday, October 14th. Robert W. Baird boosted their target price on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday. BTIG Research boosted their target price on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Finally, Needham & Company LLC started coverage on shares of SentinelOne in a research note on Thursday. They set a “buy” rating and a $32.00 target price on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and a consensus target price of $28.60.

SentinelOne Trading Up 1.3 %

NYSE:S opened at $26.36 on Friday. The stock has a market capitalization of $8.25 billion, a price-to-earnings ratio of -25.84 and a beta of 0.67. The firm has a fifty day simple moving average of $23.92 and a two-hundred day simple moving average of $21.85. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76.

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

Insider Buying and Selling

In related news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20. Following the transaction, the chief executive officer now directly owns 1,039,497 shares in the company, valued at approximately $26,299,274.10. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20. Following the transaction, the chief executive officer now directly owns 1,039,497 shares in the company, valued at approximately $26,299,274.10. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Robin Tomasello sold 5,022 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $114,501.60. Following the transaction, the chief accounting officer now owns 193,542 shares in the company, valued at approximately $4,412,757.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 489,850 shares of company stock worth $11,034,964. 5.60% of the stock is owned by 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.