SBI Securities Co. Ltd. Acquires Shares of 18,225 SentinelOne, Inc. (NYSE:S)

SBI Securities Co. Ltd. acquired a new stake in SentinelOne, Inc. (NYSE:S) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 18,225 shares of the company’s stock, valued at approximately $405,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in SentinelOne by 48.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company’s stock valued at $73,000 after acquiring an additional 1,067 shares during the period. Smartleaf Asset Management LLC grew its stake in SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 556 shares during the period. Pathway Capital Management LP acquired a new stake in SentinelOne in the fourth quarter valued at approximately $8,311,000. US Bancorp DE grew its stake in SentinelOne by 26.4% in the fourth quarter. US Bancorp DE now owns 49,873 shares of the company’s stock valued at $1,107,000 after acquiring an additional 10,413 shares during the period. Finally, Versor Investments LP purchased a new position in shares of SentinelOne during the fourth quarter valued at approximately $380,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Price Performance

Shares of S opened at $19.85 on Wednesday. The firm has a market cap of $6.38 billion, a PE ratio of -21.11 and a beta of 0.75. The stock’s fifty day moving average price is $22.87 and its two-hundred day moving average price is $24.30. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

SentinelOne (NYSE:S) last issued its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). The firm had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.21) earnings per share. Sell-side analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Insider Buying and Selling at SentinelOne

In related news, insider Ric Smith sold 41,170 shares of the business’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total transaction of $987,256.60. Following the sale, the insider now directly owns 531,459 shares in the company, valued at approximately $12,744,386.82. The trade was a 7.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $23.74, for a total value of $1,444,911.36. Following the sale, the chief executive officer now owns 959,682 shares in the company, valued at approximately $22,782,850.68. The trade was a 5.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 371,925 shares of company stock worth $8,729,445 over the last ninety days. 5.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on S. Deutsche Bank Aktiengesellschaft raised SentinelOne from a “hold” rating to a “buy” rating and lifted their target price for the company from $25.00 to $32.00 in a research report on Tuesday, November 12th. Barclays cut their target price on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. Westpark Capital reaffirmed a “buy” rating and set a $34.00 target price on shares of SentinelOne in a research report on Tuesday, December 3rd. Jefferies Financial Group raised SentinelOne from a “hold” rating to a “buy” rating and lifted their target price for the company from $27.00 to $30.00 in a research report on Thursday, December 19th. Finally, Citigroup cut their target price on SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, January 17th. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $29.48.

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.