SentinelOne, Inc. (NYSE:S) Holdings Decreased by Hamilton Lane Advisors LLC

Hamilton Lane Advisors LLC reduced its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 56.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,327 shares of the company's stock after selling 61,642 shares during the period. SentinelOne comprises approximately 0.7% of Hamilton Lane Advisors LLC's holdings, making the stock its 9th largest holding. Hamilton Lane Advisors LLC's holdings in SentinelOne were worth $860,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC grew its stake in SentinelOne by 121.9% during the 3rd quarter. Barclays PLC now owns 325,215 shares of the company's stock worth $7,779,000 after buying an additional 178,685 shares during the last quarter. Pacer Advisors Inc. boosted its stake in SentinelOne by 31.3% during the 4th quarter. Pacer Advisors Inc. now owns 6,842 shares of the company's stock valued at $152,000 after purchasing an additional 1,630 shares during the period. Crewe Advisors LLC bought a new position in SentinelOne in the 4th quarter worth about $33,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of SentinelOne by 177.1% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 629,168 shares of the company's stock worth $13,968,000 after buying an additional 402,098 shares during the period. Finally, Wilmington Savings Fund Society FSB grew its holdings in SentinelOne by 44.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,049 shares of the company's stock worth $90,000 after buying an additional 1,244 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

SentinelOne Stock Performance

Shares of NYSE S traded down $0.21 during trading hours on Wednesday, hitting $17.94. 4,802,939 shares of the stock were exchanged, compared to its average volume of 5,059,841. SentinelOne, Inc. has a 1-year low of $15.36 and a 1-year high of $29.29. The company has a market cap of $5.91 billion, a PE ratio of -19.09 and a beta of 0.81. The company's fifty day simple moving average is $18.43 and its two-hundred day simple moving average is $21.41.

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

Insider Buying and Selling

In other news, insider Ric Smith sold 3,187 shares of the company's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $18.54, for a total value of $59,086.98. Following the completion of the transaction, the insider now directly owns 1,058,025 shares of the company's stock, valued at $19,615,783.50. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Tomer Weingarten sold 10,336 shares of the stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $18.54, for a total transaction of $191,629.44. Following the transaction, the chief executive officer now owns 1,571,060 shares of the company's stock, valued at approximately $29,127,452.40. The trade was a 0.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 417,914 shares of company stock worth $7,830,519 in the last ninety days. Company insiders own 4.33% of the company's stock.

Analysts Set New Price Targets

S has been the topic of a number of research reports. DA Davidson dropped their price objective on SentinelOne from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, May 29th. Canaccord Genuity Group cut their target price on shares of SentinelOne from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Roth Mkm started coverage on shares of SentinelOne in a report on Wednesday, April 23rd. They set a "buy" rating and a $26.00 target price for the company. Stephens reaffirmed an "overweight" rating and issued a $25.00 price target on shares of SentinelOne in a report on Tuesday, May 27th. Finally, Bank of America reaffirmed a "neutral" rating and set a $21.00 target price on shares of SentinelOne in a report on Thursday, May 29th. Ten research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.