Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of SentinelOne, Inc. (NYSE:S – Free Report) by 134.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 78,970 shares of the company’s stock after acquiring an additional 45,306 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in SentinelOne were worth $1,391,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of S. Daiwa Securities Group Inc. raised its stake in SentinelOne by 25.2% in the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after purchasing an additional 692 shares in the last quarter. Mission Creek Capital Partners Inc. increased its holdings in SentinelOne by 1.7% in the 2nd quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company’s stock valued at $840,000 after buying an additional 760 shares during the period. Main Management ETF Advisors LLC raised its position in shares of SentinelOne by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company’s stock valued at $857,000 after buying an additional 768 shares in the last quarter. Sapience Investments LLC raised its position in shares of SentinelOne by 3.7% in the 2nd quarter. Sapience Investments LLC now owns 24,140 shares of the company’s stock valued at $441,000 after buying an additional 862 shares in the last quarter. Finally, Moody National Bank Trust Division lifted its holdings in shares of SentinelOne by 8.1% during the 3rd quarter. Moody National Bank Trust Division now owns 11,720 shares of the company’s stock worth $206,000 after acquiring an additional 880 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, insider Ana G. Pinczuk sold 11,900 shares of SentinelOne stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $14.82, for a total transaction of $176,358.00. Following the transaction, the insider owned 560,589 shares in the company, valued at approximately $8,307,928.98. The trade was a 2.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Barbara A. Larson sold 11,173 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $14.82, for a total transaction of $165,583.86. Following the completion of the sale, the chief financial officer directly owned 539,372 shares in the company, valued at approximately $7,993,493.04. This represents a 2.03% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 361,394 shares of company stock valued at $5,558,207. 4.33% of the stock is currently owned by company insiders.
SentinelOne Stock Down 0.8%
SentinelOne (NYSE:S – Get Free Report) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $256.19 million. During the same period last year, the firm posted ($0.25) earnings per share. The business’s revenue for the quarter was up 22.9% on a year-over-year basis. As a group, equities research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. TD Cowen reissued a “buy” rating on shares of SentinelOne in a research note on Friday, December 5th. Needham & Company LLC reiterated a “buy” rating and issued a $21.00 price target on shares of SentinelOne in a research note on Friday, December 12th. JPMorgan Chase & Co. lowered their price target on SentinelOne from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Morgan Stanley reduced their price objective on SentinelOne from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Friday, December 5th. Finally, Citigroup decreased their target price on SentinelOne from $20.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, SentinelOne has a consensus rating of “Moderate Buy” and an average price target of $21.72.
View Our Latest Research Report on SentinelOne
SentinelOne Company Profile
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.
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