AtonRa Partners Sells 1,948 Shares of SentinelOne, Inc. (NYSE:S)

AtonRa Partners lowered its stake in shares of SentinelOne, Inc. (NYSE:S) by 14.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,656 shares of the company’s stock after selling 1,948 shares during the period. AtonRa Partners’ holdings in SentinelOne were worth $320,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in S. Montag A & Associates Inc. increased its holdings in shares of SentinelOne by 143.0% during the 3rd quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock worth $34,000 after acquiring an additional 1,200 shares during the last quarter. Acadian Asset Management LLC acquired a new position in SentinelOne in the 3rd quarter valued at $38,000. Cary Street Partners Investment Advisory LLC acquired a new position in SentinelOne in the 3rd quarter valued at $55,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings in SentinelOne by 16.4% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 6,382 shares of the company’s stock valued at $108,000 after buying an additional 900 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in SentinelOne by 33.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 9,571 shares of the company’s stock valued at $161,000 after buying an additional 2,387 shares in the last quarter. Institutional investors own 90.87% of the company’s stock.

Analysts Set New Price Targets

S has been the topic of a number of recent analyst reports. StockNews.com upgraded SentinelOne to a “sell” rating in a research report on Friday, January 12th. Wells Fargo & Company raised their price target on SentinelOne from $22.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 14th. Wedbush raised their price target on SentinelOne from $28.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, March 14th. BTIG Research upgraded SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Monday, January 22nd. Finally, Needham & Company LLC lifted their target price on SentinelOne from $28.00 to $31.00 and gave the company a “buy” rating in a research report on Tuesday, March 12th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $26.08.

SentinelOne Stock Performance

Shares of NYSE S traded up $0.14 during midday trading on Monday, hitting $21.70. 2,214,455 shares of the stock traded hands, compared to its average volume of 5,736,154. The company has a market cap of $6.73 billion, a PE ratio of -18.71 and a beta of 0.66. SentinelOne, Inc. has a one year low of $12.43 and a one year high of $30.76. The business has a 50 day moving average price of $24.06 and a two-hundred day moving average price of $22.98.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Wednesday, March 13th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.02. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. The business had revenue of $174.18 million during the quarter, compared to the consensus estimate of $169.40 million. During the same quarter in the prior year, the company posted ($0.30) earnings per share. SentinelOne’s revenue was up 38.1% compared to the same quarter last year. As a group, equities research analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Insight Holdings Group, Llc sold 8,566 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $23.10, for a total transaction of $197,874.60. Following the transaction, the insider now owns 5,025 shares of the company’s stock, valued at approximately $116,077.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder Insight Holdings Group, Llc sold 8,566 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $23.10, for a total transaction of $197,874.60. Following the transaction, the insider now owns 5,025 shares of the company’s stock, valued at approximately $116,077.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Robin Tomasello sold 4,001 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $27.25, for a total value of $109,027.25. Following the transaction, the chief accounting officer now directly owns 203,196 shares in the company, valued at approximately $5,537,091. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 296,833 shares of company stock valued at $7,717,085. Insiders own 5.93% of the company’s stock.

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.