Rokos Capital Management LLP Purchases 275,862 Shares of SentinelOne, Inc. $S

Rokos Capital Management LLP increased its position in SentinelOne, Inc. (NYSE:S) by 38.1% in the 2nd quarter, Holdings Channel reports. The firm owned 1,000,090 shares of the company’s stock after buying an additional 275,862 shares during the quarter. Rokos Capital Management LLP’s holdings in SentinelOne were worth $18,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of S. Norges Bank bought a new stake in SentinelOne in the 2nd quarter valued at $65,371,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of SentinelOne by 131.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company’s stock valued at $79,532,000 after acquiring an additional 2,483,136 shares in the last quarter. Nuveen LLC bought a new stake in SentinelOne in the first quarter valued at about $33,628,000. First Trust Advisors LP increased its stake in SentinelOne by 20.0% in the second quarter. First Trust Advisors LP now owns 9,555,943 shares of the company’s stock valued at $174,683,000 after acquiring an additional 1,589,845 shares during the period. Finally, Vanguard Group Inc. raised its position in SentinelOne by 4.4% in the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock worth $567,214,000 after purchasing an additional 1,318,533 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Citigroup reaffirmed a “market outperform” rating on shares of SentinelOne in a report on Friday, December 5th. Bank of America dropped their price objective on SentinelOne from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. BTIG Research reissued a “neutral” rating on shares of SentinelOne in a report on Monday, August 25th. New Street Research set a $23.00 target price on shares of SentinelOne in a research note on Friday, August 29th. Finally, Piper Sandler dropped their target price on shares of SentinelOne from $28.00 to $20.00 and set an “overweight” rating for the company in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $22.43.

Insider Activity at SentinelOne

In other news, CEO Tomer Weingarten sold 90,100 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $16.47, for a total transaction of $1,483,947.00. Following the transaction, the chief executive officer directly owned 1,251,780 shares in the company, valued at approximately $20,616,816.60. This represents a 6.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Keenan Michael Conder sold 8,311 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $14.58, for a total transaction of $121,174.38. Following the sale, the insider directly owned 565,225 shares in the company, valued at $8,240,980.50. This trade represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 267,475 shares of company stock valued at $4,481,668. Insiders own 4.33% of the company’s stock.

SentinelOne Stock Performance

SentinelOne stock opened at $15.27 on Thursday. The business’s fifty day moving average is $16.77 and its two-hundred day moving average is $17.56. The firm has a market cap of $5.10 billion, a P/E ratio of -12.22 and a beta of 0.76. SentinelOne, Inc. has a 52 week low of $14.48 and a 52 week high of $25.24.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The firm’s revenue for the quarter was up 22.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.25) earnings per share. On average, equities research analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current 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.