Brown Advisory Inc. Sells 15,054 Shares of SentinelOne, Inc. (NYSE:S)

Brown Advisory Inc. lessened its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 10.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,574 shares of the company's stock after selling 15,054 shares during the quarter. Brown Advisory Inc.'s holdings in SentinelOne were worth $2,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of SentinelOne by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company's stock valued at $663,366,000 after buying an additional 399,056 shares during the last quarter. Sylebra Capital LLC raised its stake in SentinelOne by 6.2% in the 4th quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company's stock valued at $213,415,000 after acquiring an additional 564,327 shares during the period. Eminence Capital LP lifted its holdings in SentinelOne by 6.4% during the fourth quarter. Eminence Capital LP now owns 6,533,894 shares of the company's stock valued at $145,052,000 after purchasing an additional 392,986 shares during the last quarter. Invesco Ltd. boosted its position in SentinelOne by 18.4% during the fourth quarter. Invesco Ltd. now owns 5,788,022 shares of the company's stock worth $128,494,000 after purchasing an additional 900,577 shares during the period. Finally, Marshall Wace LLP increased its stake in shares of SentinelOne by 715.4% in the fourth 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. 90.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Keenan Michael Conder sold 11,097 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $18.28, for a total transaction of $202,853.16. Following the completion of the sale, the insider owned 596,332 shares of the company's stock, valued at approximately $10,900,948.96. This represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 transaction of $502,352.68. Following the completion of the sale, the insider directly owned 1,030,544 shares in the company, valued at approximately $18,838,344.32. This trade represents a 2.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 197,347 shares of company stock worth $3,464,807 in the last ninety days. 4.33% of the stock is owned by insiders.

SentinelOne Trading Up 0.4%

Shares of S traded up $0.07 during mid-day trading on Wednesday, reaching $17.70. The company's stock had a trading volume of 5,383,393 shares, compared to its average volume of 5,291,774. SentinelOne, Inc. has a 52 week low of $15.36 and a 52 week high of $29.29. The stock has a market cap of $5.89 billion, a PE ratio of -13.41 and a beta of 0.77. The company's fifty day moving average price is $18.52 and its two-hundred day moving average price is $19.87.

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

Analyst Ratings Changes

Several research analysts recently commented on S shares. Sanford C. Bernstein cut their price objective on shares of SentinelOne from $27.00 to $25.00 and set an "outperform" rating for the company in a report on Thursday, May 29th. Westpark Capital cut their price target on SentinelOne from $31.00 to $25.00 and set a "buy" rating for the company in a report on Thursday, May 29th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $19.00 price objective (down from $22.00) on shares of SentinelOne in a research note on Thursday, May 29th. Guggenheim reissued a "buy" rating and set a $28.00 price objective on shares of SentinelOne in a report on Wednesday, May 21st. Finally, Morgan Stanley reduced their target price on SentinelOne from $20.00 to $18.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Ten equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, SentinelOne presently has a consensus rating of "Moderate Buy" and an average target price of $24.83.

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.