Teamwork Financial Advisors LLC Buys 36,323 Shares of SentinelOne, Inc. $S

Teamwork Financial Advisors LLC grew its stake in SentinelOne, Inc. (NYSE:S) by 49.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,168 shares of the company’s stock after purchasing an additional 36,323 shares during the period. Teamwork Financial Advisors LLC’s holdings in SentinelOne were worth $1,922,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Sylebra Capital LLC lifted its stake in shares of SentinelOne by 10.0% in the first quarter. Sylebra Capital LLC now owns 10,573,052 shares of the company’s stock valued at $192,218,000 after buying an additional 959,771 shares during the period. First Trust Advisors LP raised its holdings in SentinelOne by 20.0% in the 2nd 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 in the last quarter. Voya Investment Management LLC raised its holdings in SentinelOne by 2.9% in the 1st quarter. Voya Investment Management LLC now owns 8,077,074 shares of the company’s stock valued at $146,841,000 after acquiring an additional 229,230 shares in the last quarter. Legal & General Group Plc lifted its position in shares of SentinelOne by 17.5% in the 2nd quarter. Legal & General Group Plc now owns 7,073,743 shares of the company’s stock worth $129,308,000 after acquiring an additional 1,053,340 shares during the period. Finally, Eminence Capital LP grew its holdings in shares of SentinelOne by 24.9% during the 2nd quarter. Eminence Capital LP now owns 7,068,308 shares of the company’s stock worth $129,209,000 after purchasing an additional 1,407,764 shares in the last quarter. Institutional investors own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Sanford C. Bernstein upped their target price on SentinelOne from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Rosenblatt Securities reissued a “buy” rating and issued a $24.00 price target on shares of SentinelOne in a report on Friday, December 5th. Berenberg Bank assumed coverage on shares of SentinelOne in a research note on Tuesday, November 18th. They issued a “buy” rating and a $25.00 price objective for the company. Scotiabank lifted their target price on shares of SentinelOne from $18.00 to $21.00 and gave the company a “sector perform” rating in a research report on Friday, August 29th. Finally, Guggenheim reissued a “buy” rating and issued a $28.00 target price on shares of SentinelOne in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.43.

Insider Transactions at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 125,429 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $15.09, for a total value of $1,892,723.61. Following the completion of the transaction, the chief executive officer directly owned 1,093,108 shares of the company’s stock, valued at approximately $16,494,999.72. The trade was a 10.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark S. Peek bought 40,000 shares of SentinelOne stock in a transaction dated Tuesday, December 16th. The shares were bought at an average price of $14.89 per share, for a total transaction of $595,600.00. Following the completion of the transaction, the director directly owned 120,000 shares of the company’s stock, valued at $1,786,800. This represents a 50.00% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have sold 392,904 shares of company stock worth $6,374,392. Corporate insiders own 4.33% of the company’s stock.

SentinelOne Price Performance

S stock opened at $14.60 on Friday. The business has a fifty day moving average price of $16.41 and a 200 day moving average price of $17.39. SentinelOne, Inc. has a fifty-two week low of $14.43 and a fifty-two week high of $25.24. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of -11.68 and a beta of 0.76.

SentinelOne (NYSE:S) last announced its earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, topping the consensus estimate 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 company had revenue of $258.91 million for the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter in the prior year, the business earned ($0.25) earnings per share. The business’s revenue for the quarter was up 22.9% on a year-over-year basis. On average, equities analysts expect that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal 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.