AtonRa Partners Lowers Position in SentinelOne, Inc. (NYSE:S)

AtonRa Partners cut its stake in shares of SentinelOne, Inc. (NYSE:S) by 14.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,656 shares of the company’s stock after selling 1,948 shares during the period. AtonRa Partners’ holdings in SentinelOne were worth $320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of S. Vanguard Group Inc. lifted its position in shares of SentinelOne by 2.0% in the third quarter. Vanguard Group Inc. now owns 22,982,235 shares of the company’s stock valued at $387,480,000 after acquiring an additional 442,593 shares in the last quarter. Caprock Group LLC lifted its position in shares of SentinelOne by 96.5% in the fourth quarter. Caprock Group LLC now owns 193,891 shares of the company’s stock valued at $5,320,000 after acquiring an additional 95,206 shares in the last quarter. Legato Capital Management LLC lifted its position in shares of SentinelOne by 79.7% in the fourth quarter. Legato Capital Management LLC now owns 27,976 shares of the company’s stock valued at $768,000 after acquiring an additional 12,407 shares in the last quarter. Stifel Financial Corp lifted its position in shares of SentinelOne by 29.1% in the third quarter. Stifel Financial Corp now owns 329,951 shares of the company’s stock worth $5,563,000 after buying an additional 74,378 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of SentinelOne by 5.0% in the third quarter. Bank of New York Mellon Corp now owns 1,554,020 shares of the company’s stock worth $26,201,000 after buying an additional 74,118 shares in the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, major shareholder Insight Holdings Group, Llc sold 8,566 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $23.10, for a total value of $197,874.60. Following the completion of the transaction, the insider now owns 5,025 shares in the company, valued at $116,077.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Ric Smith sold 2,207 shares of the stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $27.68, for a total transaction of $61,089.76. Following the completion of the sale, the insider now owns 455,374 shares in the company, valued at $12,604,752.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Insight Holdings Group, Llc sold 8,566 shares of the firm’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $23.10, for a total transaction of $197,874.60. Following the completion of the sale, the insider now owns 5,025 shares of the company’s stock, valued at approximately $116,077.50. The disclosure for this sale can be found here. Insiders sold 296,833 shares of company stock worth $7,717,085 over the last 90 days. Corporate insiders own 5.93% of the company’s stock.

SentinelOne Stock Performance

Shares of SentinelOne stock traded up $0.14 during trading hours on Monday, reaching $21.70. 2,214,455 shares of the company were exchanged, compared to its average volume of 5,736,154. SentinelOne, Inc. has a 1 year low of $12.43 and a 1 year high of $30.76. The stock’s fifty day moving average is $24.06 and its 200 day moving average is $22.98. The firm has a market cap of $6.73 billion, a PE ratio of -18.71 and a beta of 0.66.

SentinelOne (NYSE:S) last posted its earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.02. The firm had revenue of $174.18 million for the quarter, compared to analyst estimates of $169.40 million. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. SentinelOne’s revenue for the quarter was up 38.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.30) earnings per share. Research analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on S. StockNews.com upgraded SentinelOne to a “sell” rating in a research report on Friday, January 12th. Wedbush boosted their target price on SentinelOne from $28.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, March 14th. Citigroup boosted their target price on SentinelOne from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 10th. Sanford C. Bernstein boosted their target price on SentinelOne from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, March 14th. Finally, Guggenheim boosted their target price on SentinelOne from $26.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $26.08.

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.