UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Holdings in SentinelOne, Inc. (NYSE:S)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,891,578 shares of the company's stock after purchasing an additional 61,316 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.59% of SentinelOne worth $41,993,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in S. Barclays PLC boosted its holdings in shares of SentinelOne by 121.9% in the 3rd 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 position in SentinelOne by 74.8% in the fourth quarter. SG Americas Securities LLC now owns 57,142 shares of the company's stock worth $1,269,000 after buying an additional 24,453 shares during the last quarter. Affinity Wealth Management LLC purchased a new position in SentinelOne during the fourth quarter worth $1,686,000. KBC Group NV boosted its stake in SentinelOne by 5.5% during the fourth quarter. KBC Group NV now owns 69,023 shares of the company's stock worth $1,532,000 after buying an additional 3,568 shares during the period. Finally, Pacer Advisors Inc. increased its position in SentinelOne by 31.3% during the fourth quarter. Pacer Advisors Inc. now owns 6,842 shares of the company's stock valued at $152,000 after acquiring an additional 1,630 shares during the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

SentinelOne Stock Performance

SentinelOne stock traded down $2.26 during mid-day trading on Thursday, reaching $17.41. 22,538,396 shares of the company were exchanged, compared to its average volume of 5,138,557. The firm has a market cap of $5.74 billion, a P/E ratio of -18.55 and a beta of 0.81. The business has a fifty day moving average of $18.61 and a 200 day moving average of $21.71. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29.

SentinelOne (NYSE:S - Get Free Report) last issued 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. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm had revenue of $229.03 million during the quarter, compared to analysts' expectations of $228.39 million. SentinelOne's revenue for the quarter was up 22.9% compared to the same quarter last year. Sell-side analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Westpark Capital lowered their target price on shares of SentinelOne from $31.00 to $25.00 and set a "buy" rating for the company in a report on Thursday. Bank of America reissued a "neutral" rating and issued a $21.00 price objective on shares of SentinelOne in a research report on Thursday. Roth Capital set a $26.00 price objective on shares of SentinelOne and gave the stock a "buy" rating in a research note on Tuesday, April 22nd. UBS Group cut their target price on SentinelOne from $21.00 to $19.00 and set a "neutral" rating on the stock in a research note on Thursday. Finally, DA Davidson reduced their price target on SentinelOne from $18.00 to $17.00 and set a "neutral" rating on the stock in a report on Thursday. Ten research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $24.77.

Insiders Place Their Bets

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction on Tuesday, April 22nd. The shares were sold at an average price of $16.33, for a total value of $993,909.12. Following the transaction, the chief executive officer now directly owns 1,581,396 shares of the company's stock, valued at approximately $25,824,196.68. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ric Smith sold 10,624 shares of the company's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $210,036.48. Following the transaction, the insider now directly owns 488,122 shares in the company, valued at approximately $9,650,171.94. The trade was a 2.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 417,914 shares of company stock worth $7,830,519. 4.33% of the stock is owned by corporate insiders.

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.