Capital Fund Management S.A. Has $3.42 Million Position in SentinelOne, Inc. $S

Key Points

• Capital Fund Management S.A. increased its stake in SentinelOne by 151.6% during the first quarter, acquiring an additional 113,439 shares and totaling 188,283 shares valued at approximately $3.4 million.
• The stock has a consensus price target of $24.80, with a strong buy rating from three analysts and an average rating of Moderate Buy from a total of 30 ratings.
• SentinelOne's stock has experienced significant movements, with a 52-week low of $15.36 and a high of $29.29, indicating notable volatility in its share price.

Capital Fund Management S.A. grew its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 151.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 188,283 shares of the company's stock after acquiring an additional 113,439 shares during the period. Capital Fund Management S.A. owned 0.06% of SentinelOne worth $3,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. CENTRAL TRUST Co bought a new stake in SentinelOne during the 1st quarter worth about $26,000. Parallel Advisors LLC grew its position in shares of SentinelOne by 94.0% during the 1st quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock worth $35,000 after buying an additional 942 shares during the period. GAMMA Investing LLC grew its position in shares of SentinelOne by 513.3% during the 1st quarter. GAMMA Investing LLC now owns 1,938 shares of the company's stock worth $35,000 after buying an additional 1,622 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of SentinelOne during the fourth quarter worth approximately $38,000. Finally, Versant Capital Management Inc raised its stake in shares of SentinelOne by 510.9% during the first quarter. Versant Capital Management Inc now owns 2,297 shares of the company's stock worth $42,000 after buying an additional 1,921 shares during the last quarter. 90.87% of the stock is owned by institutional investors.

SentinelOne Trading Up 4.7%

Shares of S stock traded up $0.76 during trading hours on Wednesday, hitting $17.18. 6,595,173 shares of the company were exchanged, compared to its average volume of 5,746,892. SentinelOne, Inc. has a 52 week low of $15.36 and a 52 week high of $29.29. The business has a 50 day moving average of $17.78 and a two-hundred day moving average of $18.77. The company has a market capitalization of $5.71 billion, a PE ratio of -13.02 and a beta of 0.77.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Stephens reaffirmed an "overweight" rating and issued a $25.00 price objective on shares of SentinelOne in a research note on Tuesday, May 27th. Sanford C. Bernstein reduced their price target on SentinelOne from $27.00 to $25.00 and set an "outperform" rating on the stock in a research report on Thursday, May 29th. Rosenblatt Securities assumed coverage on SentinelOne in a report on Friday, July 18th. They issued a "buy" rating and a $24.00 price objective for the company. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $19.00 target price (down previously from $22.00) on shares of SentinelOne in a research note on Thursday, May 29th. Finally, Barclays reduced their target price on SentinelOne from $21.00 to $19.00 and set an "equal weight" rating on the stock in a report on Thursday, May 29th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat, SentinelOne has an average rating of "Moderate Buy" and an average price target of $24.62.

Insider Transactions at SentinelOne

In related news, insider Ric Smith sold 15,163 shares of SentinelOne stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $16.68, for a total value of $252,918.84. Following the sale, the insider owned 976,056 shares of the company's stock, valued at approximately $16,280,614.08. This trade represents a 1.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Robin Tomasello sold 2,921 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $17.31, for a total transaction of $50,562.51. Following the completion of the sale, the chief accounting officer owned 306,044 shares of the company's stock, valued at approximately $5,297,621.64. This represents a 0.95% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 133,730 shares of company stock worth $2,366,017. Company insiders own 4.33% of the company's stock.

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.