SentinelOne, Inc. (NYSE:S) Shares Sold by Robocap Asset Management Ltd

Robocap Asset Management Ltd cut its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 40.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 104,653 shares of the company's stock after selling 71,095 shares during the period. SentinelOne makes up about 1.4% of Robocap Asset Management Ltd's portfolio, making the stock its 24th biggest holding. Robocap Asset Management Ltd's holdings in SentinelOne were worth $1,903,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. M&T Bank Corp raised its holdings in shares of SentinelOne by 71.9% in the first quarter. M&T Bank Corp now owns 43,043 shares of the company's stock worth $782,000 after buying an additional 17,998 shares during the period. Exane Asset Management purchased a new stake in shares of SentinelOne in the first quarter worth approximately $453,000. Liberty One Investment Management LLC raised its holdings in shares of SentinelOne by 11.1% in the first quarter. Liberty One Investment Management LLC now owns 9,435 shares of the company's stock worth $172,000 after buying an additional 944 shares during the period. Interchange Capital Partners LLC purchased a new stake in shares of SentinelOne in the first quarter worth approximately $367,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of SentinelOne by 10.7% in the first quarter. Envestnet Asset Management Inc. now owns 77,436 shares of the company's stock worth $1,408,000 after buying an additional 7,477 shares during the period. 90.87% of the stock is owned by institutional investors.

Insider Transactions at SentinelOne

In other news, insider Keenan Michael Conder sold 11,097 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $18.28, for a total value of $202,853.16. Following the completion of the sale, the insider owned 596,332 shares of the company's stock, valued at $10,900,948.96. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ric Smith sold 23,518 shares of SentinelOne stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $18.30, for a total value of $430,379.40. Following the sale, the insider directly owned 1,007,026 shares of the company's stock, valued at approximately $18,428,575.80. This represents a 2.28% decrease in their position. 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 quarter. 4.33% of the stock is currently owned by corporate insiders.

SentinelOne Stock Down 1.5%

Shares of SentinelOne stock traded down $0.27 during trading on Friday, reaching $17.66. The company's stock had a trading volume of 1,231,915 shares, compared to its average volume of 5,182,905. The company has a market cap of $5.87 billion, a price-to-earnings ratio of -13.37 and a beta of 0.77. SentinelOne, Inc. has a 1-year low of $15.36 and a 1-year high of $29.29. The company has a 50-day simple moving average of $18.59 and a two-hundred day simple moving average of $19.99.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, May 28th. The company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates of $0.02. The firm had revenue of $229.03 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. As a group, analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

S has been the topic of several recent analyst reports. Roth Capital set a $26.00 price target on SentinelOne and gave the stock a "buy" rating in a report on Tuesday, April 22nd. Canaccord Genuity Group reduced their price target on SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $24.00 price target on shares of SentinelOne in a report on Friday, May 23rd. Jefferies Financial Group reduced their price target on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Finally, Susquehanna reduced their price objective on SentinelOne from $25.00 to $24.00 and set a "positive" rating on the stock in a report on Thursday, May 29th. Ten analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, SentinelOne has an average rating of "Moderate Buy" and an average price target of $24.83.

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.