SentinelOne, Inc. (NYSE:S) Shares Bought by Sycomore Asset Management

Sycomore Asset Management raised its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 103.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,214 shares of the company's stock after purchasing an additional 65,214 shares during the period. Sycomore Asset Management's holdings in SentinelOne were worth $3,555,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Prime Capital Investment Advisors LLC raised its position in shares of SentinelOne by 5.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 15,446 shares of the company's stock valued at $260,000 after acquiring an additional 836 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of SentinelOne by 16.4% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,382 shares of the company's stock valued at $108,000 after acquiring an additional 900 shares in the last quarter. Montag A & Associates Inc. raised its position in shares of SentinelOne by 143.0% during the 3rd quarter. Montag A & Associates Inc. now owns 2,039 shares of the company's stock valued at $34,000 after acquiring an additional 1,200 shares in the last quarter. Triumph Capital Management raised its position in shares of SentinelOne by 8.7% during the 3rd quarter. Triumph Capital Management now owns 18,210 shares of the company's stock valued at $307,000 after acquiring an additional 1,465 shares in the last quarter. Finally, PFG Investments LLC raised its position in shares of SentinelOne by 9.1% during the 4th quarter. PFG Investments LLC now owns 23,457 shares of the company's stock valued at $644,000 after acquiring an additional 1,963 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Up 1.8 %

Shares of S stock traded up $0.39 during trading hours on Wednesday, reaching $21.57. 3,275,394 shares of the stock traded hands, compared to its average volume of 5,871,475. SentinelOne, Inc. has a 1-year low of $12.43 and a 1-year high of $30.76. The business has a fifty day moving average price of $24.56 and a 200 day moving average price of $22.89. The firm has a market capitalization of $6.69 billion, a PE ratio of -18.59 and a beta of 0.66.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings data on Wednesday, March 13th. The company reported ($0.02) EPS 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 firm had revenue of $174.18 million for the quarter, compared to the consensus estimate of $169.40 million. During the same period in the previous year, the firm posted ($0.30) earnings per share. The firm's revenue was up 38.1% on a year-over-year basis. Research analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other SentinelOne 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 of the company's stock, valued at $28,632,518.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other SentinelOne 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 of the company's stock, valued at $28,632,518.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark S. Peek bought 10,000 shares of the firm's stock in a transaction on Wednesday, April 3rd. The stock was acquired at an average cost of $22.36 per share, with a total value of $223,600.00. Following the completion of the transaction, the director now directly owns 80,000 shares of the company's stock, valued at $1,788,800. The disclosure for this purchase can be found here. Insiders sold 321,583 shares of company stock valued at $8,355,882 over the last ninety days. Corporate insiders own 5.93% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Loop Capital increased their target price on SentinelOne from $28.00 to $30.00 and gave the stock a "buy" rating in a research report on Thursday, March 14th. Citigroup increased their target price on SentinelOne from $24.00 to $25.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 10th. JMP Securities reaffirmed a "market outperform" rating and issued a $33.00 target price on shares of SentinelOne in a research report on Monday, April 1st. The Goldman Sachs Group increased their target price on SentinelOne from $19.00 to $28.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 21st. Finally, Sanford C. Bernstein increased their target price on SentinelOne from $34.00 to $37.00 and gave the stock an "outperform" rating in a research report on Thursday, March 14th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, SentinelOne has a consensus rating of "Hold" and an average target price of $26.08.

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.

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