87,529 Shares in SentinelOne, Inc. (NYSE:S) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in SentinelOne, Inc. (NYSE:S) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 87,529 shares of the company’s stock, valued at approximately $2,094,000.

Several other hedge funds have also recently bought and sold shares of S. Central Asset Investments & Management Holdings HK Ltd acquired a new stake in SentinelOne during the 3rd quarter worth approximately $415,000. Huntington National Bank lifted its holdings in shares of SentinelOne by 287.9% during the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock worth $57,000 after buying an additional 1,765 shares in the last quarter. KBC Group NV boosted its position in shares of SentinelOne by 778.0% in the third quarter. KBC Group NV now owns 65,455 shares of the company’s stock valued at $1,566,000 after acquiring an additional 58,000 shares during the period. Oppenheimer Asset Management Inc. acquired a new position in shares of SentinelOne in the third quarter valued at about $225,000. Finally, Chase Investment Counsel Corp bought a new position in SentinelOne during the third quarter worth about $248,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Stock Up 3.8 %

S opened at $28.09 on Friday. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The company’s 50-day moving average price is $25.56 and its two-hundred day moving average price is $22.71. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of -30.20 and a beta of 0.65.

SentinelOne (NYSE:S) last released its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. The company had revenue of $198.94 million during the quarter, compared to the consensus estimate 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 for the quarter was up 33.1% on a year-over-year basis. During the same period last year, the firm earned ($0.26) EPS. As a group, sell-side analysts anticipate that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Insider Activity

In other news, CEO Tomer Weingarten sold 70,655 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following the completion of the transaction, the chief executive officer now owns 1,019,541 shares of the company’s stock, valued at approximately $28,169,917.83. The trade was a 6.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ric Smith sold 14,584 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $22.99, for a total transaction of $335,286.16. Following the completion of the transaction, the insider now owns 636,699 shares in the company, valued at approximately $14,637,710.01. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 432,125 shares of company stock worth $10,367,734. 5.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

S has been the topic of a number of analyst reports. Piper Sandler raised SentinelOne from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $25.00 to $32.00 in a research report on Monday, October 14th. Sanford C. Bernstein decreased their price target on SentinelOne from $37.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 28th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $25.00 price target on shares of SentinelOne in a research note on Friday, September 13th. Citigroup increased their price objective on shares of SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. Finally, Barclays upped their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and an average price target of $28.73.

SentinelOne 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.