Diversified Trust Co Has $1.05 Million Stake in SentinelOne, Inc. (NYSE:S)

Diversified Trust Co lifted its stake in shares of SentinelOne, Inc. (NYSE:S) by 40.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 47,487 shares of the company’s stock after buying an additional 13,686 shares during the period. Diversified Trust Co’s holdings in SentinelOne were worth $1,054,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of S. Commonwealth Equity Services LLC grew its position in shares of SentinelOne by 43.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 38,991 shares of the company’s stock worth $821,000 after buying an additional 11,800 shares during the period. National Bank of Canada FI grew its position in shares of SentinelOne by 92.7% during the 2nd quarter. National Bank of Canada FI now owns 4,158 shares of the company’s stock worth $85,000 after buying an additional 2,000 shares during the period. Victory Capital Management Inc. grew its position in shares of SentinelOne by 12.7% during the 2nd quarter. Victory Capital Management Inc. now owns 33,944 shares of the company’s stock worth $715,000 after buying an additional 3,836 shares during the period. Arizona State Retirement System grew its position in shares of SentinelOne by 16.2% during the 2nd quarter. Arizona State Retirement System now owns 75,491 shares of the company’s stock worth $1,589,000 after buying an additional 10,547 shares during the period. Finally, American Century Companies Inc. grew its position in shares of SentinelOne by 3.6% during the 2nd quarter. American Century Companies Inc. now owns 42,646 shares of the company’s stock worth $898,000 after buying an additional 1,470 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Price Performance

Shares of SentinelOne stock opened at $22.55 on Thursday. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The firm has a market cap of $7.25 billion, a PE ratio of -23.99 and a beta of 0.74. The stock has a fifty day moving average price of $25.24 and a 200-day moving average price of $23.83.

SentinelOne (NYSE:S) last announced its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million for the quarter, compared to analysts’ expectations of $209.73 million. During the same period in the prior year, the business earned ($0.21) earnings per share. The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. As a group, equities analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on S. Scotiabank increased their target price on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, December 5th. Susquehanna increased their target price on SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a report on Thursday, December 5th. Piper Sandler upgraded SentinelOne from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $25.00 to $32.00 in a report on Monday, October 14th. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a “hold” rating to a “buy” rating and increased their target price for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $29.00 target price on shares of SentinelOne in a report on Monday, December 2nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, SentinelOne presently has a consensus rating of “Moderate Buy” and an average price target of $29.44.

Insider Buying and Selling

In related news, insider Ric Smith sold 3,135 shares of SentinelOne stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total value of $82,293.75. Following the completion of the sale, the insider now owns 582,512 shares of the company’s stock, valued at approximately $15,290,940. This trade represents a 0.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Tomer Weingarten sold 70,655 shares of SentinelOne stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $27.63, for a total value of $1,952,197.65. Following the completion of the sale, the chief executive officer now directly owns 1,019,541 shares of the company’s stock, valued at approximately $28,169,917.83. This trade represents a 6.48 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 358,135 shares of company stock valued at $8,757,911. 5.60% of the stock is owned by insiders.

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.