University of Texas Texas AM Investment Management Co. Decreases Stake in SentinelOne, Inc. (NYSE:S)

University of Texas Texas AM Investment Management Co. cut its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 76.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,211 shares of the company's stock after selling 45,351 shares during the quarter. University of Texas Texas AM Investment Management Co.'s holdings in SentinelOne were worth $315,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of S. Barclays PLC raised its position in shares of SentinelOne by 121.9% during the third quarter. Barclays PLC now owns 325,215 shares of the company's stock worth $7,779,000 after purchasing an additional 178,685 shares during the period. SG Americas Securities LLC lifted its stake in SentinelOne by 74.8% during the 4th quarter. SG Americas Securities LLC now owns 57,142 shares of the company's stock valued at $1,269,000 after acquiring an additional 24,453 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its holdings in SentinelOne by 130.0% during the 4th quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 230,000 shares of the company's stock worth $5,106,000 after acquiring an additional 130,000 shares during the last quarter. Affinity Wealth Management LLC purchased a new position in SentinelOne during the 4th quarter worth $1,686,000. Finally, KBC Group NV boosted its holdings in SentinelOne by 5.5% during the 4th quarter. KBC Group NV now owns 69,023 shares of the company's stock worth $1,532,000 after acquiring an additional 3,568 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

S has been the subject of a number of recent analyst reports. Jefferies Financial Group reduced their price objective on SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Guggenheim restated a "buy" rating and issued a $28.00 price objective on shares of SentinelOne in a research note on Wednesday, May 21st. Westpark Capital reduced their price objective on SentinelOne from $34.00 to $31.00 and set a "buy" rating for the company in a research note on Tuesday, March 11th. Morgan Stanley reduced 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. Finally, Roth Mkm initiated 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. Seven equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, SentinelOne has an average rating of "Moderate Buy" and a consensus target price of $26.10.

Insider Buying and Selling at SentinelOne

In related news, CAO Robin Tomasello sold 1,496 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $29,575.92. Following the completion of the sale, the chief accounting officer now owns 233,484 shares in the company, valued at $4,615,978.68. The trade was a 0.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Tomer Weingarten sold 39,477 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $771,775.35. Following the completion of the sale, the chief executive officer now owns 900,249 shares of the company's stock, valued at $17,599,867.95. The trade was a 4.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 417,914 shares of company stock valued at $7,830,519 in the last 90 days. Corporate insiders own 4.33% of the company's stock.

SentinelOne Stock Down 2.0%

S traded down $0.41 during trading on Wednesday, reaching $19.67. 10,165,346 shares of the company were exchanged, compared to its average volume of 5,058,354. The company's 50-day moving average is $18.60 and its two-hundred day moving average is $21.73. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The company has a market cap of $6.48 billion, a price-to-earnings ratio of -20.93 and a beta of 0.81.

SentinelOne (NYSE:S - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.21). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. Equities analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

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.