SentinelOne, Inc. (NYSE:S) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 13.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,748,345 shares of the company's stock after buying an additional 204,913 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.59% of SentinelOne worth $47,975,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of S. Householder Group Estate & Retirement Specialist LLC purchased a new position in SentinelOne during the 3rd quarter worth $25,000. International Assets Investment Management LLC acquired a new position in shares of SentinelOne during the third quarter valued at about $32,000. BOK Financial Private Wealth Inc. acquired a new position in shares of SentinelOne during the third quarter valued at about $34,000. Montag A & Associates Inc. raised its position in shares of SentinelOne by 143.0% in the 3rd quarter. Montag A & Associates Inc. now owns 2,039 shares of the company's stock valued at $34,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Comerica Bank acquired a new stake in SentinelOne in the 3rd quarter worth approximately $37,000. 90.87% of the stock is currently owned by institutional investors.

SentinelOne Stock Up 3.4 %

S traded up $0.74 during trading on Friday, reaching $22.60. The company's stock had a trading volume of 5,568,187 shares, compared to its average volume of 7,303,222. The firm has a fifty day simple moving average of $26.21 and a two-hundred day simple moving average of $22.46. The company has a market cap of $6.75 billion, a price-to-earnings ratio of -19.48 and a beta of 0.66. SentinelOne, Inc. has a 1 year low of $12.43 and a 1 year high of $30.76.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.02. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. The business had revenue of $174.18 million for the quarter, compared to analyst estimates of $169.40 million. During the same quarter in the previous year, the firm earned ($0.30) EPS. The company's quarterly revenue was up 38.1% compared to the same quarter last year. As a group, equities analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Mark S. Peek acquired 10,000 shares of SentinelOne stock in a transaction that occurred on Wednesday, April 3rd. The shares were purchased at an average cost of $22.36 per share, for a total transaction of $223,600.00. Following the acquisition, the director now owns 80,000 shares in the company, valued at $1,788,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Mark S. Peek bought 10,000 shares of the company's stock in a transaction that occurred on Wednesday, April 3rd. The stock was purchased at an average price of $22.36 per share, for a total transaction of $223,600.00. Following the acquisition, the director now owns 80,000 shares of the company's stock, valued at $1,788,800. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Narayanan Srivatsan sold 9,338 shares of the company's stock in a transaction on Monday, January 8th. The stock was sold at an average price of $23.93, for a total value of $223,458.34. Following the transaction, the chief operating officer now owns 550,142 shares in the company, valued at $13,164,898.06. The disclosure for this sale can be found here. Insiders sold a total of 236,191 shares of company stock valued at $6,455,021 over the last quarter. 5.93% of the stock is owned by insiders.

Wall Street Analyst Weigh In

S has been the subject of a number of research analyst reports. Needham & Company LLC raised their target price on SentinelOne from $28.00 to $31.00 and gave the stock a "buy" rating in a research note on Tuesday, March 12th. Morgan Stanley lifted their target price on SentinelOne from $27.00 to $29.00 and gave the stock an "overweight" rating in a report on Thursday, March 14th. JMP Securities reiterated a "market outperform" rating and issued a $33.00 price target on shares of SentinelOne in a report on Monday, April 1st. Loop Capital raised their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock a "buy" rating in a research report on Thursday, March 14th. Finally, Citigroup upped their price objective on shares of SentinelOne from $24.00 to $25.00 and gave the company a "neutral" rating in a report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $26.04.

About SentinelOne

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats.