SentinelOne, Inc. $S Position Raised by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. raised its position in shares of SentinelOne, Inc. (NYSE:S) by 36.4% in the third quarter, HoldingsChannel.com reports. The firm owned 259,294 shares of the company’s stock after buying an additional 69,184 shares during the period. Asset Management One Co. Ltd.’s holdings in SentinelOne were worth $4,566,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of S. Daiwa Securities Group Inc. lifted its holdings in shares of SentinelOne by 25.2% in the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after buying an additional 692 shares during the period. Mission Creek Capital Partners Inc. grew its holdings in SentinelOne by 1.7% during the second quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company’s stock worth $840,000 after acquiring an additional 760 shares during the period. Main Management ETF Advisors LLC raised its position in SentinelOne by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company’s stock worth $857,000 after acquiring an additional 768 shares in the last quarter. Sapience Investments LLC lifted its holdings in SentinelOne by 3.7% in the 2nd quarter. Sapience Investments LLC now owns 24,140 shares of the company’s stock valued at $441,000 after acquiring an additional 862 shares during the last quarter. Finally, Moody National Bank Trust Division lifted its holdings in SentinelOne by 8.1% in the 3rd quarter. Moody National Bank Trust Division now owns 11,720 shares of the company’s stock valued at $206,000 after acquiring an additional 880 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

S has been the topic of a number of research reports. Guggenheim reiterated a “buy” rating and issued a $28.00 target price on shares of SentinelOne in a report on Friday, December 5th. Morgan Stanley dropped their price target on SentinelOne from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Friday, December 5th. Rosenblatt Securities reiterated a “buy” rating and set a $24.00 price objective on shares of SentinelOne in a research report on Friday, December 5th. JMP Securities set a $23.00 target price on SentinelOne in a report on Friday, December 5th. Finally, Barclays reduced their target price on SentinelOne from $21.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and an average target price of $22.33.

SentinelOne Price Performance

NYSE:S opened at $15.30 on Friday. The stock has a market cap of $5.20 billion, a PE ratio of -12.24 and a beta of 0.77. SentinelOne, Inc. has a fifty-two week low of $14.43 and a fifty-two week high of $25.24. The stock’s 50-day moving average is $15.74 and its two-hundred day moving average is $17.10.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The business had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same period last year, the company posted ($0.25) earnings per share. The firm’s quarterly revenue was up 22.9% compared to the same quarter last year. On average, equities research analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Insider Activity at SentinelOne

In related news, CAO Robin Tomasello sold 8,509 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $14.58, for a total transaction of $124,061.22. Following the completion of the sale, the chief accounting officer directly owned 285,551 shares in the company, valued at approximately $4,163,333.58. This trade represents a 2.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ana G. Pinczuk sold 11,900 shares of SentinelOne stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $14.82, for a total value of $176,358.00. Following the sale, the insider directly owned 560,589 shares of the company’s stock, valued at approximately $8,307,928.98. The trade was a 2.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 361,394 shares of company stock worth $5,558,207. 4.33% of the stock is currently owned by company insiders.

SentinelOne Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.