17,747 Shares in SentinelOne, Inc. (NYSE:S) Acquired by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC purchased a new stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 17,747 shares of the company's stock, valued at approximately $323,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Marshall Wace LLP raised its holdings in shares of SentinelOne by 715.4% in the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock worth $106,447,000 after purchasing an additional 4,206,900 shares in the last quarter. Norges Bank acquired a new position in SentinelOne in the fourth quarter worth approximately $73,528,000. Point72 Asset Management L.P. bought a new position in shares of SentinelOne in the fourth quarter valued at $63,120,000. Federated Hermes Inc. lifted its position in shares of SentinelOne by 368.5% during the 4th quarter. Federated Hermes Inc. now owns 2,603,036 shares of the company's stock valued at $57,787,000 after acquiring an additional 2,047,430 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of SentinelOne during the 4th quarter worth $26,082,000. 90.87% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other SentinelOne news, insider Keenan Michael Conder sold 11,097 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $18.28, for a total value of $202,853.16. Following the completion of the sale, the insider owned 596,332 shares in the company, valued at approximately $10,900,948.96. This trade represents a 1.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ric Smith sold 27,481 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $18.28, for a total value of $502,352.68. Following the completion of the transaction, the insider directly owned 1,030,544 shares of the company's stock, valued at approximately $18,838,344.32. This trade represents a 2.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 197,347 shares of company stock valued at $3,464,807 in the last three months. Company insiders own 4.33% of the company's stock.

SentinelOne Price Performance

NYSE S opened at $18.15 on Thursday. SentinelOne, Inc. has a fifty-two week low of $15.36 and a fifty-two week high of $29.29. The stock's 50-day moving average is $18.60 and its two-hundred day moving average is $20.18. The firm has a market cap of $6.03 billion, a P/E ratio of -13.75 and a beta of 0.77.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $229.03 million for the quarter, compared to the consensus estimate of $228.39 million. SentinelOne had a negative return on equity of 15.95% and a negative net margin of 49.36%. The business's revenue for the quarter was up 22.9% on a year-over-year basis. On average, equities analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analysts Set New Price Targets

S has been the topic of a number of recent analyst reports. Roth Capital set a $26.00 target price on SentinelOne and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. Robert W. Baird reduced their price objective on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Piper Sandler decreased their target price on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Needham & Company LLC cut their price target on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Finally, Bank of America restated a "neutral" rating and issued a $21.00 price target on shares of SentinelOne in a research report on Thursday, May 29th. Ten research analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $24.83.

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.

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