Harbor Capital Advisors Inc. Has $36,000 Stock Position in SentinelOne, Inc. (NYSE:S)

Harbor Capital Advisors Inc. lowered its position in SentinelOne, Inc. (NYSE:S - Free Report) by 92.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in 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. Sylebra Capital LLC increased its position in shares of SentinelOne by 6.2% in the fourth quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company's stock valued at $213,415,000 after buying an additional 564,327 shares in the last quarter. Eminence Capital LP increased its position in shares of SentinelOne by 6.4% in the fourth quarter. Eminence Capital LP now owns 6,533,894 shares of the company's stock valued at $145,052,000 after buying an additional 392,986 shares in the last quarter. Invesco Ltd. raised its stake in shares of SentinelOne by 18.4% during the 4th quarter. Invesco Ltd. now owns 5,788,022 shares of the company's stock worth $128,494,000 after buying an additional 900,577 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in shares of SentinelOne by 715.4% in the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock worth $106,447,000 after buying an additional 4,206,900 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company's stock.

Insider Activity at SentinelOne

In related news, CFO Barbara A. Larson sold 10,172 shares of SentinelOne stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $201,100.44. Following the sale, the chief financial officer now directly owns 473,223 shares in the company, valued at $9,355,618.71. The trade was a 2.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Tomer Weingarten sold 20,186 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $399,077.22. Following the completion of the sale, the chief executive officer now directly owns 900,111 shares of the company's stock, valued at approximately $17,795,194.47. This represents a 2.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 239,825 shares of company stock valued at $4,304,597. Corporate insiders own 4.33% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Guggenheim restated a "buy" rating and set a $28.00 target price on shares of SentinelOne in a research report on Wednesday, May 21st. Jefferies Financial Group cut their price target on SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a report on Monday, March 31st. Morgan Stanley decreased their price objective on SentinelOne from $20.00 to $18.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Scotiabank dropped their target price on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating for the company in a research note on Thursday, March 13th. Finally, Sanford C. Bernstein decreased their price target on SentinelOne from $27.00 to $25.00 and set an "outperform" rating on the stock in a research note on Thursday, May 29th. Ten analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $24.83.

SentinelOne Price Performance

Shares of NYSE:S traded down $0.23 during midday trading on Friday, reaching $17.39. The company had a trading volume of 2,748,860 shares, compared to its average volume of 5,122,037. The stock has a market capitalization of $5.78 billion, a P/E ratio of -13.18 and a beta of 0.77. The stock's fifty day moving average price is $18.44 and its 200-day moving average price is $20.63. SentinelOne, Inc. has a one year low of $15.36 and a one year high of $29.29.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Wednesday, May 28th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting 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 business had revenue of $229.03 million for the quarter, compared to analyst estimates of $228.39 million. The business's revenue for the quarter was up 22.9% on a year-over-year basis. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

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.