SentinelOne, Inc. (NYSE:S) Shares Acquired by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of SentinelOne, Inc. (NYSE:S) by 43.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,450,137 shares of the company’s stock after purchasing an additional 440,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned 0.44% of SentinelOne worth $26,363,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CENTRAL TRUST Co acquired a new position in SentinelOne in the first quarter valued at approximately $26,000. Parallel Advisors LLC lifted its holdings in SentinelOne by 94.0% in the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company’s stock valued at $35,000 after acquiring an additional 942 shares during the last quarter. GAMMA Investing LLC lifted its holdings in SentinelOne by 513.3% in the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company’s stock valued at $35,000 after acquiring an additional 1,622 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in SentinelOne in the fourth quarter valued at approximately $38,000. Finally, Foster Dykema Cabot & Partners LLC acquired a new position in SentinelOne in the fourth quarter valued at approximately $40,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Price Performance

NYSE:S opened at $15.82 on Tuesday. The firm has a market capitalization of $5.26 billion, a PE ratio of -11.98 and a beta of 0.77. The business’s fifty day moving average price is $18.05 and its 200 day moving average price is $19.28. SentinelOne, Inc. has a 12 month low of $15.36 and a 12 month high of $29.29.

SentinelOne (NYSE:S) last posted its earnings results on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $229.03 million for the quarter, compared to analyst estimates of $228.39 million. SentinelOne had a negative return on equity of 15.95% and a negative net margin of 49.36%. The company’s revenue for the quarter was up 22.9% compared to the same quarter last year. As a group, equities analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current year.

Insider Activity at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 31,916 shares of the company’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $17.31, for a total value of $552,465.96. Following the completion of the transaction, the chief executive officer owned 1,500,460 shares in the company, valued at $25,972,962.60. This represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Ric Smith sold 27,481 shares of the company’s stock in a transaction on Friday, June 6th. The shares were sold at an average price of $18.28, for a total transaction of $502,352.68. Following the completion of the transaction, the insider owned 1,030,544 shares of the company’s stock, valued at $18,838,344.32. This represents a 2.60% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 133,730 shares of company stock worth $2,366,017. Insiders own 4.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on S. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $19.00 price objective (down from $22.00) on shares of SentinelOne in a report on Thursday, May 29th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $18.00 price objective (down from $22.00) on shares of SentinelOne in a report on Thursday, May 29th. UBS Group decreased their price objective on SentinelOne from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, May 29th. Roth Mkm initiated coverage on SentinelOne in a research report on Wednesday, April 23rd. They issued a “buy” rating and a $26.00 target price on the stock. Finally, Bank of America reissued a “neutral” rating and issued a $21.00 target price on shares of SentinelOne in a research report on Thursday, May 29th. Ten analysts have rated the stock with a hold rating, seventeen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.80.

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.