SentinelOne, Inc. (NYSE:S) Shares Sold by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. decreased its holdings in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 92.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,003 shares of the company's stock after selling 24,133 shares during the period. Harbor Capital Advisors Inc.'s holdings in SentinelOne were worth $36,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of S. Rhumbline Advisers lifted its stake in SentinelOne by 24.8% in the fourth quarter. Rhumbline Advisers now owns 314,049 shares of the company's stock worth $6,972,000 after purchasing an additional 62,404 shares during the last quarter. Truist Financial Corp lifted its stake in shares of SentinelOne by 10.2% in the 4th quarter. Truist Financial Corp now owns 28,968 shares of the company's stock valued at $643,000 after acquiring an additional 2,690 shares during the last quarter. Venturi Wealth Management LLC bought a new stake in SentinelOne in the fourth quarter valued at approximately $93,000. Peregrine Capital Management LLC lifted its position in SentinelOne by 11.9% in the fourth quarter. Peregrine Capital Management LLC now owns 394,309 shares of the company's stock valued at $8,754,000 after purchasing an additional 41,961 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its position in SentinelOne by 288.6% in the fourth quarter. New York State Common Retirement Fund now owns 527,060 shares of the company's stock valued at $11,701,000 after purchasing an additional 391,432 shares during the last quarter. Institutional investors own 90.87% of the company's stock.

SentinelOne Stock Performance

Shares of S stock traded up $0.22 during mid-day trading on Tuesday, reaching $17.81. 5,125,235 shares of the company's stock traded hands, compared to its average volume of 5,111,069. SentinelOne, Inc. has a 12 month low of $15.36 and a 12 month high of $29.29. The firm has a 50 day moving average price of $18.48 and a two-hundred day moving average price of $20.74. The firm has a market capitalization of $5.92 billion, a PE ratio of -18.94 and a beta of 0.77.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Wednesday, May 28th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $229.03 million during 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 company's quarterly revenue was up 22.9% compared to the same quarter last year. As a group, equities analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Tomer Weingarten sold 81,619 shares of the business's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $19.59, for a total value of $1,598,916.21. Following the completion of the sale, the chief executive officer now owns 879,494 shares in the company, valued at approximately $17,229,287.46. The trade was a 8.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Barbara A. Larson sold 10,172 shares of the business's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $201,100.44. Following the completion of the transaction, the chief financial officer now owns 473,223 shares of the company's stock, valued at $9,355,618.71. This represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 382,308 shares of company stock valued at $7,070,276 in the last ninety days. Insiders own 4.33% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on S shares. Westpark Capital lowered their price target on shares of SentinelOne from $31.00 to $25.00 and set a "buy" rating for the company in a report on Thursday, May 29th. DA Davidson lowered their price target on SentinelOne from $18.00 to $17.00 and set a "neutral" rating for the company in a research report on Thursday, May 29th. Robert W. Baird lowered their price target on SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Piper Sandler decreased their target price on SentinelOne from $32.00 to $28.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Finally, Wells Fargo & Company restated an "equal weight" rating and set a $18.00 target price (down previously from $22.00) on shares of SentinelOne in a report on Thursday, May 29th. Ten analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average 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.