Blue Trust Inc. Purchases 1,223 Shares of SentinelOne, Inc. (NYSE:S)

Blue Trust Inc. raised its position in SentinelOne, Inc. (NYSE:S) by 105.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,378 shares of the company’s stock after purchasing an additional 1,223 shares during the quarter. Blue Trust Inc.’s holdings in SentinelOne were worth $57,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of S. Vanguard Group Inc. lifted its holdings in shares of SentinelOne by 7.2% during the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock worth $586,456,000 after purchasing an additional 1,694,407 shares during the period. Eminence Capital LP lifted its holdings in SentinelOne by 24.2% during the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock worth $144,282,000 after buying an additional 1,337,145 shares during the period. Sylebra Capital LLC lifted its holdings in SentinelOne by 10.5% during the 2nd quarter. Sylebra Capital LLC now owns 6,765,974 shares of the company’s stock worth $142,424,000 after buying an additional 643,097 shares during the period. Dimensional Fund Advisors LP grew its position in shares of SentinelOne by 19.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company’s stock valued at $77,299,000 after buying an additional 590,628 shares during the last quarter. Finally, Clearbridge Investments LLC increased its stake in shares of SentinelOne by 0.8% in the second quarter. Clearbridge Investments LLC now owns 2,630,615 shares of the company’s stock valued at $55,374,000 after buying an additional 20,600 shares during the period. 90.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. BTIG Research lifted their price objective on SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Westpark Capital reaffirmed a “buy” rating and issued a $34.00 price objective on shares of SentinelOne in a research note on Monday, August 26th. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $25.00 to $32.00 in a research note on Monday, October 14th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $30.00 price target on shares of SentinelOne in a research report on Friday, October 18th. Finally, Susquehanna increased their price target on SentinelOne from $22.00 to $28.00 and gave the stock a “positive” rating in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and an average target price of $28.60.

Insider Activity at SentinelOne

In other news, CFO David J. Bernhardt sold 2,631 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total value of $54,093.36. Following the completion of the sale, the chief financial officer now owns 504,085 shares in the company, valued at $10,363,987.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CFO David J. Bernhardt sold 4,021 shares of SentinelOne stock in a transaction on Friday, August 9th. The stock was sold at an average price of $21.32, for a total transaction of $85,727.72. Following the sale, the chief financial officer now directly owns 500,064 shares in the company, valued at approximately $10,661,364.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO David J. Bernhardt sold 2,631 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total value of $54,093.36. Following the completion of the transaction, the chief financial officer now owns 504,085 shares of the company’s stock, valued at $10,363,987.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 489,850 shares of company stock valued at $11,074,922 over the last 90 days. Insiders own 5.60% of the company’s stock.

SentinelOne Price Performance

Shares of NYSE S opened at $25.79 on Friday. The company has a 50-day moving average price of $24.41 and a 200-day moving average price of $22.06. The stock has a market capitalization of $8.18 billion, a P/E ratio of -27.73 and a beta of 0.67. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76.

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

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.