Clal Insurance Enterprises Holdings Ltd Increases Stock Position in SentinelOne, Inc. $S

Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of SentinelOne, Inc. (NYSE:S) by 10.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,600,137 shares of the company’s stock after buying an additional 150,000 shares during the quarter. Clal Insurance Enterprises Holdings Ltd owned approximately 0.48% of SentinelOne worth $28,178,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd purchased a new position in shares of SentinelOne in the 3rd quarter valued at $175,000. Fox Run Management L.L.C. purchased a new position in SentinelOne in the third quarter valued at about $340,000. MAI Capital Management raised its holdings in SentinelOne by 121.2% in the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after purchasing an additional 1,000 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of SentinelOne during the third quarter valued at about $383,000. Finally, Rothschild Investment LLC boosted its holdings in shares of SentinelOne by 8,812.0% in the 3rd quarter. Rothschild Investment LLC now owns 2,228 shares of the company’s stock valued at $39,000 after buying an additional 2,203 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

S has been the subject of a number of analyst reports. Guggenheim decreased their target price on shares of SentinelOne from $28.00 to $24.00 and set a “buy” rating for the company in a research report on Monday. The Goldman Sachs Group decreased their price objective on SentinelOne from $19.00 to $16.50 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Wedbush dropped their target price on SentinelOne from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Friday, December 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SentinelOne in a research report on Monday, December 29th. Finally, Berenberg Bank started coverage on SentinelOne in a report on Tuesday, November 18th. They issued a “buy” rating and a $25.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $21.53.

Insider Transactions at SentinelOne

In other news, CAO Robin Tomasello sold 2,975 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $13.15, for a total value of $39,121.25. Following the completion of the transaction, the chief accounting officer owned 411,034 shares of the company’s stock, valued at $5,405,097.10. The trade was a 0.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Tomer Weingarten sold 39,472 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $13.48, for a total value of $532,082.56. Following the sale, the chief executive officer directly owned 1,083,073 shares in the company, valued at approximately $14,599,824.04. This trade represents a 3.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 331,694 shares of company stock valued at $4,849,673. 4.33% of the stock is owned by corporate insiders.

SentinelOne Stock Performance

Shares of S opened at $13.12 on Friday. The stock has a 50-day moving average of $14.12 and a two-hundred day moving average of $16.01. The stock has a market cap of $4.46 billion, a P/E ratio of -10.49 and a beta of 0.77. SentinelOne, Inc. has a one year low of $12.23 and a one year high of $21.40.

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

About SentinelOne

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.