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

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP raised its stake in shares of SentinelOne by 715.4% during the fourth quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock valued at $106,447,000 after purchasing an additional 4,206,900 shares in the last quarter. Norges Bank acquired a new position in SentinelOne during the 4th quarter valued at about $73,528,000. Point72 Asset Management L.P. bought a new stake in shares of SentinelOne during the 4th quarter worth about $63,120,000. Massachusetts Financial Services Co. MA lifted its stake in shares of SentinelOne by 92.3% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,329,905 shares of the company's stock worth $96,898,000 after acquiring an additional 2,558,702 shares during the period. Finally, Federated Hermes Inc. lifted its stake in shares of SentinelOne by 368.5% in the 4th quarter. Federated Hermes Inc. now owns 2,603,036 shares of the company's stock worth $57,787,000 after acquiring an additional 2,047,430 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Up 0.5%

Shares of NYSE:S opened at $19.57 on Friday. The firm has a fifty day moving average of $18.36 and a two-hundred day moving average of $19.69. SentinelOne, Inc. has a 12-month low of $15.36 and a 12-month high of $29.29. The firm has a market capitalization of $6.51 billion, a P/E ratio of -14.82 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 EPS for the quarter, meeting analysts' consensus estimates of $0.02. SentinelOne had a negative return on equity of 15.95% and a negative net margin of 49.36%. The firm had revenue of $229.03 million for the quarter, compared to the consensus estimate of $228.39 million. The business's revenue for the quarter was up 22.9% compared to the same quarter last year. Equities research analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

S has been the subject of a number of research analyst reports. Cantor Fitzgerald restated an "overweight" rating and issued a $24.00 target price on shares of SentinelOne in a research report on Friday, May 23rd. Susquehanna lowered their target price on SentinelOne from $25.00 to $24.00 and set a "positive" rating on the stock in a report on Thursday, May 29th. Roth Capital set a $26.00 price target on shares of SentinelOne and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. Roth Mkm began coverage on shares of SentinelOne in a report on Wednesday, April 23rd. They issued a "buy" rating and a $26.00 price target for the company. Finally, Guggenheim reaffirmed a "buy" rating and issued a $28.00 price objective on shares of SentinelOne in a research note on Wednesday, May 21st. Ten analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $24.80.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 10,336 shares of the firm's stock in a transaction that occurred on 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 owned 1,571,060 shares of the company's stock, valued at approximately $29,127,452.40. This trade represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ric Smith sold 23,518 shares of the business's stock in a transaction that occurred 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 directly owned 1,007,026 shares of the company's stock, valued at $18,428,575.80. This represents a 2.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 75,619 shares of company stock valued at $1,386,302. 4.33% of the stock is owned by corporate insiders.

About SentinelOne

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.

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