20,174 Shares in SentinelOne, Inc. (NYSE:S) Purchased by Interchange Capital Partners LLC

Interchange Capital Partners LLC bought a new position in SentinelOne, Inc. (NYSE:S - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 20,174 shares of the company's stock, valued at approximately $367,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in S. CENTRAL TRUST Co bought a new stake in shares of SentinelOne during the first quarter valued at approximately $26,000. Smartleaf Asset Management LLC boosted its stake in SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after purchasing an additional 556 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of SentinelOne by 94.0% during the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock valued at $35,000 after acquiring an additional 942 shares during the period. GAMMA Investing LLC lifted its stake in SentinelOne by 513.3% in the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company's stock valued at $35,000 after buying an additional 1,622 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in SentinelOne in the fourth quarter valued at about $38,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Stock Up 0.1%

SentinelOne stock traded up $0.02 during mid-day trading on Wednesday, reaching $18.53. 3,927,736 shares of the company's stock were exchanged, compared to its average volume of 5,191,602. The firm has a market capitalization of $6.16 billion, a PE ratio of -14.04 and a beta of 0.77. The business's fifty day simple moving average is $18.60 and its 200 day simple moving average is $20.02. 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 posted 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 return on equity of 15.95% and a negative net margin of 49.36%. The company's revenue was up 22.9% on a year-over-year basis. On average, sell-side analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on S. Jefferies Financial Group lowered 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. Stephens reissued an "overweight" rating and issued a $25.00 target price on shares of SentinelOne in a research report on Tuesday, May 27th. Wells Fargo & Company reiterated an "equal weight" rating and set a $18.00 target price (down from $22.00) on shares of SentinelOne in a research note on Thursday, May 29th. Needham & Company LLC reduced their target price on SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Finally, Scotiabank dropped their price target on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating for the company in a report on Thursday, March 13th. Ten analysts have rated the stock with a hold rating, seventeen have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.83.

Insider Buying and Selling at SentinelOne

In related news, insider Ric Smith sold 27,481 shares of the company's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $18.28, for a total transaction of $502,352.68. Following the completion of the sale, the insider owned 1,030,544 shares in the company, valued at approximately $18,838,344.32. This represents a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Keenan Michael Conder sold 11,097 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $18.28, for a total transaction of $202,853.16. Following the sale, the insider directly owned 596,332 shares of the company's stock, valued at approximately $10,900,948.96. This represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 197,347 shares of company stock valued at $3,464,807 in the last 90 days. 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.