Vontobel Holding Ltd. Purchases 279,435 Shares of SentinelOne, Inc. (NYSE:S)

Vontobel Holding Ltd. grew its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 35.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,061,209 shares of the company's stock after acquiring an additional 279,435 shares during the period. Vontobel Holding Ltd. owned about 0.36% of SentinelOne worth $29,120,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. NewEdge Wealth LLC acquired a new position in SentinelOne during the 4th quarter worth approximately $16,486,000. Wealth Effects LLC grew its holdings in SentinelOne by 3.2% during the 4th quarter. Wealth Effects LLC now owns 82,690 shares of the company's stock worth $2,269,000 after acquiring an additional 2,600 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of SentinelOne by 1,811.2% in the 4th quarter. International Assets Investment Management LLC now owns 37,785 shares of the company's stock valued at $1,037,000 after buying an additional 35,808 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of SentinelOne by 13.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,748,345 shares of the company's stock valued at $47,975,000 after buying an additional 204,913 shares in the last quarter. Finally, Asset Management One Co. Ltd. acquired a new position in shares of SentinelOne in the 4th quarter valued at $2,774,000. Institutional investors and hedge funds own 90.87% of the company's stock.

Analysts Set New Price Targets

S has been the subject of several research reports. StockNews.com upgraded shares of SentinelOne to a "sell" rating in a research report on Friday, January 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 note on Monday, January 22nd. Bank of America raised shares of SentinelOne from a "neutral" rating to a "buy" rating and increased their price objective for the company from $26.50 to $35.00 in a research note on Wednesday, February 14th. Sanford C. Bernstein raised their price target on shares of SentinelOne from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Thursday, March 14th. Finally, The Goldman Sachs Group increased their price objective on shares of SentinelOne from $19.00 to $28.00 and gave the stock a "neutral" rating in a report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $26.08.

Insider Buying and Selling

In related news, insider Ric Smith sold 24,750 shares of SentinelOne stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $25.81, for a total value of $638,797.50. Following the transaction, the insider now owns 457,581 shares of the company's stock, valued at approximately $11,810,165.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other SentinelOne news, insider Ric Smith sold 24,750 shares of SentinelOne stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $25.81, for a total transaction of $638,797.50. Following the transaction, the insider now owns 457,581 shares of the company's stock, valued at approximately $11,810,165.61. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Insight Holdings Group, Llc sold 8,566 shares of SentinelOne stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $23.10, for a total value of $197,874.60. Following the transaction, the insider now directly owns 5,025 shares in the company, valued at approximately $116,077.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 321,583 shares of company stock valued at $8,355,882. 5.93% of the stock is owned by corporate insiders.

SentinelOne Price Performance

Shares of NYSE S traded down $1.06 during midday trading on Monday, reaching $20.66. 6,130,019 shares of the company traded hands, compared to its average volume of 6,067,972. SentinelOne, Inc. has a 52 week low of $12.43 and a 52 week high of $30.76. The stock has a 50-day moving average price of $25.55 and a 200 day moving average price of $22.72. The company has a market cap of $6.40 billion, a price-to-earnings ratio of -17.81 and a beta of 0.66.

SentinelOne (NYSE:S - Get Free Report) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.02. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The business had revenue of $174.18 million for the quarter, compared to analysts' expectations of $169.40 million. During the same period in the previous year, the business earned ($0.30) earnings per share. The company's revenue was up 38.1% on a year-over-year basis. As a group, analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

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.