SentinelOne, Inc. (NYSE:S) Stock Position Increased by Ameriprise Financial Inc.

Ameriprise Financial Inc. raised its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 12.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 233,313 shares of the company's stock after purchasing an additional 25,532 shares during the period. Ameriprise Financial Inc. owned 0.07% of SentinelOne worth $5,180,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Guggenheim Capital LLC lifted its stake in shares of SentinelOne by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock valued at $764,000 after buying an additional 478 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after buying an additional 556 shares during the period. Legato Capital Management LLC lifted its stake in shares of SentinelOne by 8.1% during the fourth quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock valued at $304,000 after buying an additional 1,022 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of SentinelOne by 48.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock valued at $73,000 after buying an additional 1,067 shares during the period. Finally, Harbour Investments Inc. lifted its stake in shares of SentinelOne by 10.3% during the fourth quarter. Harbour Investments Inc. now owns 13,166 shares of the company's stock valued at $292,000 after buying an additional 1,225 shares during the period. Hedge funds and other institutional investors own 90.87% of the company's stock.

SentinelOne Price Performance

S traded down $2.26 during trading hours on Thursday, reaching $17.41. 26,082,417 shares of the stock traded hands, compared to its average volume of 5,143,307. The firm's fifty day simple moving average is $18.55 and its two-hundred day simple moving average is $21.64. The company has a market cap of $5.74 billion, a price-to-earnings ratio of -18.52 and a beta of 0.81. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29.

SentinelOne (NYSE:S - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The company reported $0.02 earnings per share for the quarter, meeting analysts' consensus estimates of $0.02. The business had revenue of $229.03 million during the quarter, compared to analyst estimates of $228.39 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. SentinelOne's revenue was up 22.9% on a year-over-year basis. On average, research analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Insider Buying and Selling at SentinelOne

In other news, CFO Barbara A. Larson sold 10,172 shares of the firm's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $201,100.44. Following the transaction, the chief financial officer now directly owns 473,223 shares in the company, valued at approximately $9,355,618.71. This trade represents a 2.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Ric Smith sold 20,188 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total transaction of $394,675.40. Following the completion of the transaction, the insider now owns 508,930 shares in the company, valued at approximately $9,949,581.50. The trade was a 3.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 417,914 shares of company stock worth $7,830,519 in the last ninety days. 4.33% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Susquehanna reduced their price objective on shares of SentinelOne from $25.00 to $24.00 and set a "positive" rating on the stock in a research note on Thursday. Morgan Stanley dropped their price target on shares of SentinelOne from $20.00 to $18.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $24.00 price target on shares of SentinelOne in a research report on Friday, May 23rd. Roth Capital set a $26.00 price target on shares of SentinelOne and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. Finally, UBS Group dropped their price target on shares of SentinelOne from $21.00 to $19.00 and set a "neutral" rating for the company in a research report on Thursday. Ten equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $24.77.

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.