SentinelOne, Inc. (NYSE:S) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lessened its stake in SentinelOne, Inc. (NYSE:S) by 3.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 333,433 shares of the company’s stock after selling 10,372 shares during the period. Stifel Financial Corp’s holdings in SentinelOne were worth $7,976,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in S. KBC Group NV grew its holdings in SentinelOne by 778.0% during the third quarter. KBC Group NV now owns 65,455 shares of the company’s stock worth $1,566,000 after acquiring an additional 58,000 shares during the period. Erste Asset Management GmbH purchased a new stake in shares of SentinelOne during the 3rd quarter worth $4,816,000. NorthRock Partners LLC purchased a new position in shares of SentinelOne in the 3rd quarter valued at about $5,227,000. Charles Schwab Investment Management Inc. lifted its stake in shares of SentinelOne by 55.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock valued at $62,129,000 after purchasing an additional 921,572 shares during the period. Finally, Sycomore Asset Management lifted its position in shares of SentinelOne by 40.4% during the 2nd quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock valued at $5,537,000 after acquiring an additional 83,060 shares during the period. 90.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $29.00 price objective on shares of SentinelOne in a research note on Monday, December 2nd. Westpark Capital reaffirmed a “buy” rating and set a $34.00 price target on shares of SentinelOne in a research note on Tuesday, December 3rd. Robert W. Baird increased their price objective on shares of SentinelOne from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Monday, December 2nd. Susquehanna lifted their target price on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research report on Thursday, December 5th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $25.00 price target on shares of SentinelOne in a research report on Friday, September 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, SentinelOne has a consensus rating of “Moderate Buy” and a consensus target price of $29.42.

Insider Transactions at SentinelOne

In related news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne 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 sale, the chief executive officer now directly owns 1,039,497 shares of the company’s stock, valued at approximately $26,299,274.10. The trade was a 5.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ric Smith sold 41,170 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total value of $987,256.60. Following the completion of the transaction, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,744,386.82. The trade was a 7.19 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 276,019 shares of company stock worth $6,990,023. 5.60% of the stock is owned by insiders.

SentinelOne Trading Up 1.9 %

SentinelOne stock opened at $24.02 on Friday. The company has a fifty day simple moving average of $26.36 and a 200 day simple moving average of $23.21. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The company has a market cap of $7.62 billion, a P/E ratio of -25.55 and a beta of 0.67.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The firm had revenue of $210.60 million during the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business’s revenue was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.21) EPS. On average, equities research analysts forecast that SentinelOne, Inc. will post -0.73 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.