SentinelOne, Inc. (NYSE:S) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its stake in shares of SentinelOne, Inc. (NYSE:S) by 13.3% during the 3rd quarter, Holdings Channel reports. The fund owned 727,092 shares of the company’s stock after selling 111,983 shares during the quarter. Vontobel Holding Ltd.’s holdings in SentinelOne were worth $17,392,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of S. Blue Trust Inc. purchased a new position in SentinelOne in the second quarter valued at $27,000. Allspring Global Investments Holdings LLC increased its stake in shares of SentinelOne by 49.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after purchasing an additional 434 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new position in SentinelOne in the 4th quarter worth about $30,000. Sugarloaf Wealth Management LLC boosted its position in SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after purchasing an additional 700 shares in the last quarter. Finally, Unique Wealth Strategies LLC acquired a new stake in SentinelOne in the second quarter valued at approximately $49,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

S has been the subject of several research analyst reports. Robert W. Baird upped their target price on SentinelOne from $25.00 to $29.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. Morgan Stanley increased their price objective on shares of SentinelOne from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th. DA Davidson boosted their target price on shares of SentinelOne from $18.50 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. BTIG Research raised their price target on shares of SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, August 28th. Finally, JPMorgan Chase & Co. boosted their price objective on SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, SentinelOne presently has a consensus rating of “Moderate Buy” and an average target price of $28.00.

SentinelOne Stock Up 1.1 %

Shares of SentinelOne stock opened at $25.99 on Thursday. The business’s fifty day simple moving average is $23.74 and its 200-day simple moving average is $21.80. The firm has a market cap of $8.13 billion, a PE ratio of -25.48 and a beta of 0.67. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.76.

SentinelOne (NYSE:S) last announced its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $198.94 million during the quarter, compared to analyst estimates of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. SentinelOne’s revenue was up 33.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.26) earnings per share. As a group, equities analysts expect that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $25.30, for a total value of $1,539,859.20. Following the sale, the chief executive officer now owns 1,039,497 shares in the company, valued at approximately $26,299,274.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other SentinelOne news, CAO Robin Tomasello sold 5,022 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $22.80, for a total transaction of $114,501.60. Following the sale, the chief accounting officer now directly owns 193,542 shares in the company, valued at $4,412,757.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20. Following the completion of the transaction, the chief executive officer now directly owns 1,039,497 shares of the company’s stock, valued at $26,299,274.10. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 489,850 shares of company stock worth $11,034,964. Insiders own 5.60% of the company’s stock.

About SentinelOne

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.