Asset Management One Co. Ltd. Purchases Shares of 99,489 SentinelOne, Inc. (NYSE:S)

Asset Management One Co. Ltd. acquired a new stake in SentinelOne, Inc. (NYSE:S - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 99,489 shares of the company's stock, valued at approximately $2,774,000.

Other large investors also recently modified their holdings of the company. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of SentinelOne in the 3rd quarter valued at approximately $25,000. International Assets Investment Management LLC purchased a new stake in shares of SentinelOne in the 3rd quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. purchased a new position in shares of SentinelOne in the 3rd quarter valued at $34,000. Montag A & Associates Inc. grew 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 buying an additional 1,200 shares during the last quarter. Finally, Comerica Bank purchased a new position in shares of SentinelOne in the 3rd quarter valued at $37,000. 90.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. StockNews.com raised shares of SentinelOne to a "sell" rating in a research report on Friday, January 12th. Wells Fargo & Company raised their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 14th. Needham & Company LLC raised their price objective on shares of SentinelOne from $28.00 to $31.00 and gave the stock a "buy" rating in a research report on Tuesday, March 12th. BTIG Research raised shares of SentinelOne from a "neutral" rating to a "buy" rating and set a $30.00 price objective on the stock in a research report on Monday, January 22nd. Finally, The Goldman Sachs Group raised their price objective on shares of SentinelOne from $19.00 to $28.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $26.04.

SentinelOne Price Performance

S traded down $0.77 during midday trading on Friday, reaching $21.72. 3,227,143 shares of the company's stock were exchanged, compared to its average volume of 5,295,729. The stock has a market capitalization of $6.73 billion, a PE ratio of -18.72 and a beta of 0.66. The business's 50-day moving average price is $25.69 and its 200 day moving average price is $22.64. 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 issued its quarterly earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.02. The business had revenue of $174.18 million during the quarter, compared to the consensus estimate of $169.40 million. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The company's quarterly revenue was up 38.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.30) earnings per share. As a group, analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insider Transactions at SentinelOne

In related news, CFO David J. Bernhardt sold 2,631 shares of the business's stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $27.68, for a total value of $72,826.08. Following the completion of the sale, the chief financial officer now directly owns 347,153 shares in the company, valued at $9,609,195.04. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO Tomer Weingarten sold 47,365 shares of the business's stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $22.28, for a total value of $1,055,292.20. Following the completion of the sale, the chief executive officer now directly owns 1,285,122 shares in the company, valued at $28,632,518.16. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO David J. Bernhardt sold 2,631 shares of the business's stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $27.68, for a total transaction of $72,826.08. Following the completion of the sale, the chief financial officer now owns 347,153 shares of the company's stock, valued at $9,609,195.04. The disclosure for this sale can be found here. Insiders sold a total of 321,583 shares of company stock worth $8,355,882 over the last ninety days. 5.93% of the stock is currently owned by corporate insiders.

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.