Mission Creek Capital Partners Inc. Sells 17,320 Shares of SentinelOne, Inc. $S

Key Points

• Mission Creek Capital Partners Inc. reduced its stake in SentinelOne, Inc. by 27.7%, selling 17,320 shares in the first quarter, resulting in ownership of 45,198 shares valued at $822,000.
• Institutional investors currently own 90.87% of SentinelOne's stock, with other firms making varying adjustments to their holdings including Rafferty Asset Management's 2.5% increase.
• SentinelOne's stock has shown a 22.9% revenue increase year-over-year, with the company reporting earnings per share of $0.02, meeting analyst expectations.

Mission Creek Capital Partners Inc. lessened its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 27.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,198 shares of the company's stock after selling 17,320 shares during the quarter. Mission Creek Capital Partners Inc.'s holdings in SentinelOne were worth $822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in S. Vanguard Group Inc. boosted its stake in shares of SentinelOne by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company's stock valued at $567,214,000 after purchasing an additional 1,318,533 shares during the last quarter. Sylebra Capital LLC boosted its stake in shares of SentinelOne by 6.2% in the 4th quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company's stock valued at $213,415,000 after purchasing an additional 564,327 shares during the last quarter. Eminence Capital LP boosted its stake in SentinelOne by 6.4% during the 4th quarter. Eminence Capital LP now owns 6,533,894 shares of the company's stock worth $145,052,000 after acquiring an additional 392,986 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in SentinelOne by 92.3% during 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 last quarter. Finally, Champlain Investment Partners LLC boosted its stake in SentinelOne by 12.3% during the 1st quarter. Champlain Investment Partners LLC now owns 5,090,042 shares of the company's stock worth $92,537,000 after acquiring an additional 555,748 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

Insider Transactions at SentinelOne

In related news, CAO Robin Tomasello sold 2,921 shares of SentinelOne stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $17.31, for a total value of $50,562.51. Following the completion of the sale, the chief accounting officer owned 306,044 shares of the company's stock, valued at approximately $5,297,621.64. This trade represents a 0.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Tomer Weingarten sold 31,916 shares of SentinelOne stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $17.31, for a total value of $552,465.96. Following the completion of the sale, the chief executive officer directly owned 1,500,460 shares of the company's stock, valued at approximately $25,972,962.60. This trade represents a 2.08% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 133,730 shares of company stock worth $2,366,017. Insiders own 4.33% of the company's stock.

SentinelOne Stock Down 5.9%

S traded down $1.12 during trading hours on Tuesday, hitting $17.75. The stock had a trading volume of 5,786,257 shares, compared to its average volume of 5,858,609. The company's fifty day simple moving average is $17.83 and its 200 day simple moving average is $18.55. SentinelOne, Inc. has a 1 year low of $15.36 and a 1 year high of $29.29. The stock has a market cap of $5.90 billion, a PE ratio of -13.44 and a beta of 0.78.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Rosenblatt Securities assumed coverage on shares of SentinelOne in a research note on Friday, July 18th. They set a "buy" rating and a $24.00 price objective on the stock. JPMorgan Chase & Co. restated a "neutral" rating and set a $19.00 target price (down from $22.00) on shares of SentinelOne in a report on Thursday, May 29th. Scotiabank raised their target price on shares of SentinelOne from $18.00 to $21.00 and gave the stock a "sector perform" rating in a report on Friday. Bank of America restated a "neutral" rating and set a $21.00 target price on shares of SentinelOne in a report on Thursday, May 29th. Finally, Wells Fargo & Company raised their target price on shares of SentinelOne from $18.00 to $19.00 and gave the stock an "equal weight" rating in a report on Friday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, SentinelOne presently has an average rating of "Moderate Buy" and an average target price of $24.33.

SentinelOne Company 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.