Segall Bryant & Hamill LLC Sells 23,965 Shares of SentinelOne, Inc. (NYSE:S)

Segall Bryant & Hamill LLC decreased its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 3.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 649,637 shares of the company's stock after selling 23,965 shares during the quarter. Segall Bryant & Hamill LLC owned 0.20% of SentinelOne worth $11,810,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new stake in shares of SentinelOne during the fourth quarter worth about $257,000. Swiss National Bank raised its position in shares of SentinelOne by 2.4% during the fourth quarter. Swiss National Bank now owns 544,400 shares of the company's stock worth $12,086,000 after purchasing an additional 12,900 shares during the period. Skandinaviska Enskilda Banken AB publ raised its position in shares of SentinelOne by 68.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 10,748 shares of the company's stock worth $241,000 after purchasing an additional 4,363 shares during the period. Commonwealth Equity Services LLC raised its position in shares of SentinelOne by 15.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 44,405 shares of the company's stock worth $986,000 after purchasing an additional 6,076 shares during the period. Finally, Corient Private Wealth LLC raised its position in shares of SentinelOne by 55.9% during the fourth quarter. Corient Private Wealth LLC now owns 310,211 shares of the company's stock worth $6,887,000 after purchasing an additional 111,281 shares during the period. Institutional investors and hedge funds own 90.87% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on S shares. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $24.00 price target on shares of SentinelOne in a research report on Friday, May 23rd. Susquehanna dropped their price target on SentinelOne from $25.00 to $24.00 and set a "positive" rating on the stock in a research report on Thursday, May 29th. Westpark Capital dropped their target price on SentinelOne from $31.00 to $25.00 and set a "buy" rating on the stock in a research report on Thursday, May 29th. Bank of America reissued a "neutral" rating and issued a $21.00 target price on shares of SentinelOne in a research report on Thursday, May 29th. Finally, Wells Fargo & Company reissued an "equal weight" rating and issued a $18.00 target price (down previously from $22.00) on shares of SentinelOne in a research report on Thursday, May 29th. Ten investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $24.80.

Insider Transactions at SentinelOne

In other news, insider Ric Smith sold 27,481 shares of SentinelOne stock in a transaction that occurred 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 transaction, the insider directly owned 1,030,544 shares in the company, valued at approximately $18,838,344.32. The trade was a 2.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction that occurred on Thursday, April 24th. The stock was sold at an average price of $17.82, for a total value of $1,084,596.48. Following the transaction, the chief executive officer owned 1,581,396 shares of the company's stock, valued at $28,180,476.72. This represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 197,347 shares of company stock worth $3,464,807. 4.33% of the stock is owned by company insiders.

SentinelOne Price Performance

S stock traded up $0.31 during mid-day trading on Friday, reaching $18.03. The company had a trading volume of 6,613,762 shares, compared to its average volume of 5,174,587. The stock has a 50 day simple moving average of $18.46 and a two-hundred day simple moving average of $19.82. The company has a market capitalization of $5.99 billion, a price-to-earnings ratio of -13.66 and a beta of 0.77. SentinelOne, Inc. has a 52 week low of $15.36 and a 52 week high of $29.29.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. SentinelOne had a negative return on equity of 15.95% and a negative net margin of 49.36%. The company had revenue of $229.03 million during the quarter, compared to the consensus estimate of $228.39 million. SentinelOne's quarterly revenue was up 22.9% compared to the same quarter last year. On average, equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

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.