SentinelOne, Inc. (NYSE:S) is Stanley Laman Group Ltd.’s 8th Largest Position

Stanley Laman Group Ltd. decreased its position in SentinelOne, Inc. (NYSE:S) by 6.9% during the 4th quarter, Holdings Channel reports. The firm owned 333,655 shares of the company’s stock after selling 24,889 shares during the quarter. SentinelOne comprises about 1.4% of Stanley Laman Group Ltd.’s holdings, making the stock its 8th biggest position. Stanley Laman Group Ltd.’s holdings in SentinelOne were worth $9,155,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of S. Vanguard Group Inc. boosted its stake in shares of SentinelOne by 2.0% during the third quarter. Vanguard Group Inc. now owns 22,982,235 shares of the company’s stock valued at $387,480,000 after acquiring an additional 442,593 shares during the last quarter. Caprock Group LLC raised its holdings in shares of SentinelOne by 96.5% in the 4th quarter. Caprock Group LLC now owns 193,891 shares of the company’s stock worth $5,320,000 after purchasing an additional 95,206 shares during the period. Legato Capital Management LLC raised its holdings in shares of SentinelOne by 79.7% in the 4th quarter. Legato Capital Management LLC now owns 27,976 shares of the company’s stock worth $768,000 after purchasing an additional 12,407 shares during the period. Stifel Financial Corp raised its holdings in shares of SentinelOne by 29.1% in the 3rd quarter. Stifel Financial Corp now owns 329,951 shares of the company’s stock worth $5,563,000 after purchasing an additional 74,378 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of SentinelOne by 5.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,554,020 shares of the company’s stock valued at $26,201,000 after buying an additional 74,118 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analysts Set New Price Targets

S has been the subject of a number of recent analyst reports. Sanford C. Bernstein raised their price objective on SentinelOne from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, March 14th. DA Davidson lifted their target price on SentinelOne from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Thursday, March 14th. The Goldman Sachs Group lifted their target price on SentinelOne from $19.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, February 21st. Loop Capital boosted their price objective on SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, March 14th. Finally, BTIG Research raised SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $26.08.

Insider Transactions at SentinelOne

In other news, CEO Tomer Weingarten sold 47,365 shares of the stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $22.28, for a total value of $1,055,292.20. Following the completion of the transaction, the chief executive officer now directly owns 1,285,122 shares of the company’s stock, valued at approximately $28,632,518.16. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Tomer Weingarten sold 47,365 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $22.28, for a total transaction 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 approximately $28,632,518.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Robin Tomasello sold 4,001 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $27.25, for a total value of $109,027.25. Following the sale, the chief accounting officer now directly owns 203,196 shares of the company’s stock, valued at $5,537,091. The disclosure for this sale can be found here. In the last ninety days, insiders sold 296,833 shares of company stock valued at $7,717,085. Corporate insiders own 5.93% of the company’s stock.

SentinelOne Stock Down 1.7 %

Shares of NYSE:S traded down $0.37 on Thursday, reaching $21.21. The company had a trading volume of 2,308,880 shares, compared to its average volume of 5,826,848. The stock has a 50-day moving average price of $24.40 and a 200 day moving average price of $22.88. SentinelOne, Inc. has a twelve month low of $12.43 and a twelve month high of $30.76. The stock has a market capitalization of $6.57 billion, a P/E ratio of -18.08 and a beta of 0.66.

SentinelOne (NYSE:S) last issued its earnings results on Wednesday, March 13th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $169.40 million. During the same period in the prior year, the firm posted ($0.30) EPS. SentinelOne’s quarterly revenue was up 38.1% compared to the same quarter last year. On average, sell-side analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal 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.