SentinelOne, Inc. (NYSE:S) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 66.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,959 shares of the company's stock after purchasing an additional 15,549 shares during the period. Cetera Investment Advisers' holdings in SentinelOne were worth $865,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of S. Vanguard Group Inc. boosted its stake in shares of SentinelOne by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company's stock valued at $663,366,000 after purchasing an additional 399,056 shares in the last quarter. Invesco Ltd. boosted its position in SentinelOne by 18.4% during the 4th quarter. Invesco Ltd. now owns 5,788,022 shares of the company's stock valued at $128,494,000 after buying an additional 900,577 shares during the period. Marshall Wace LLP boosted its position in SentinelOne by 715.4% during the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock valued at $106,447,000 after buying an additional 4,206,900 shares during the period. Geode Capital Management LLC boosted its position in SentinelOne by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 4,555,878 shares of the company's stock valued at $101,175,000 after buying an additional 70,282 shares during the period. Finally, Champlain Investment Partners LLC boosted its position in SentinelOne by 34.6% during the 4th quarter. Champlain Investment Partners LLC now owns 4,534,294 shares of the company's stock valued at $100,661,000 after buying an additional 1,164,541 shares during the period. Institutional investors own 90.87% of the company's stock.

SentinelOne Stock Down 10.8%

Shares of NYSE S traded down $2.13 during trading hours on Thursday, hitting $17.55. 13,403,001 shares of the stock were exchanged, compared to its average volume of 4,853,683. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The company has a market cap of $5.78 billion, a PE ratio of -18.66 and a beta of 0.81. The firm has a fifty day moving average price of $18.61 and a 200-day moving average price of $21.71.

SentinelOne (NYSE:S - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The business had revenue of $229.03 million for the quarter, compared to the consensus estimate of $228.39 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm's revenue for the quarter was up 22.9% compared to the same quarter last year. As a group, equities analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on S shares. Susquehanna decreased their price target on shares of SentinelOne from $30.00 to $25.00 and set a "positive" rating for the company in a research note on Thursday, March 13th. Robert W. Baird cut their price objective on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Piper Sandler cut their price objective on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a research report on Thursday, March 13th. Jefferies Financial Group cut their price objective on shares of SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Finally, Morgan Stanley cut their price objective on shares of SentinelOne from $20.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Ten research analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $24.87.

Insider Buying and Selling

In other SentinelOne news, CFO Barbara A. Larson sold 10,172 shares of the stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $201,100.44. Following the transaction, the chief financial officer now directly owns 473,223 shares of the company's stock, valued at $9,355,618.71. This trade represents a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ric Smith sold 3,187 shares of the stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $18.54, for a total transaction of $59,086.98. Following the transaction, the insider now directly owns 1,058,025 shares in the company, valued at approximately $19,615,783.50. The trade was a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 417,914 shares of company stock valued at $7,830,519. Corporate insiders own 4.33% of the company's stock.

SentinelOne Company 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.