Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Makes New $235,000 Investment in SentinelOne, Inc. (NYSE:S)

Key Points

• Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD invested approximately $235,000 in SentinelOne, Inc., acquiring 12,925 shares during the first quarter.
• Marshall Wace LLP significantly increased its stake in SentinelOne by 715.4%, now owning 4,794,908 shares worth around $106.4 million.
• SentinelOne's shares have seen a 0.5% increase in value, with current trading around $19.57 and a 12-month high of $29.29.

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new stake in SentinelOne, Inc. (NYSE:S - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,925 shares of the company's stock, valued at approximately $235,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CENTRAL TRUST Co bought a new position in SentinelOne in the first quarter worth approximately $26,000. Parallel Advisors LLC boosted its holdings in SentinelOne by 94.0% in the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock worth $35,000 after acquiring an additional 942 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of SentinelOne by 513.3% in the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company's stock worth $35,000 after purchasing an additional 1,622 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of SentinelOne in the fourth quarter worth approximately $38,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new stake in shares of SentinelOne in the fourth quarter worth approximately $40,000. Institutional investors own 90.87% of the company's stock.

SentinelOne Stock Up 2.2%

NYSE:S traded up $0.42 during trading hours on Wednesday, hitting $19.11. 2,965,740 shares of the company's stock traded hands, compared to its average volume of 5,679,974. The firm has a market cap of $6.35 billion, a P/E ratio of -14.44 and a beta of 0.77. SentinelOne, Inc. has a 52 week low of $15.36 and a 52 week high of $29.29. The business's fifty day simple moving average is $18.36 and its two-hundred day simple moving average is $19.63.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, May 28th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $229.03 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 22.9% compared to the same quarter last year. On average, analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

Insider Activity at SentinelOne

In related news, insider Ric Smith sold 23,518 shares of SentinelOne stock in a transaction on Monday, June 9th. The stock was sold at an average price of $18.30, for a total transaction of $430,379.40. Following the completion of the sale, the insider owned 1,007,026 shares of the company's stock, valued at approximately $18,428,575.80. This trade represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Tomer Weingarten sold 10,336 shares of SentinelOne stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $18.54, for a total value of $191,629.44. Following the sale, the chief executive officer directly owned 1,571,060 shares of the company's stock, valued at $29,127,452.40. This represents a 0.65% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 75,619 shares of company stock valued at $1,386,302. Company insiders own 4.33% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on S shares. Morgan Stanley lowered their price objective on SentinelOne from $20.00 to $18.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Susquehanna lowered their price objective on SentinelOne from $25.00 to $24.00 and set a "positive" rating for the company in a research note on Thursday, May 29th. Bank of America reissued a "neutral" rating and issued a $21.00 price objective on shares of SentinelOne in a research note on Thursday, May 29th. Roth Mkm started coverage on SentinelOne in a research note on Wednesday, April 23rd. They issued a "buy" rating and a $26.00 price objective for the company. Finally, Barclays lowered their price objective on SentinelOne from $21.00 to $19.00 and set an "equal weight" rating for the company in a research note on Thursday, May 29th. Ten research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $24.80.

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.