SentinelOne, Inc. $S Shares Bought by one8zero8 LLC

one8zero8 LLC raised its position in shares of SentinelOne, Inc. (NYSE:S) by 44.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 112,475 shares of the company’s stock after buying an additional 34,700 shares during the period. one8zero8 LLC’s holdings in SentinelOne were worth $1,981,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of S. Norges Bank acquired a new position in SentinelOne during the 2nd quarter worth about $65,371,000. AQR Capital Management LLC increased its stake in SentinelOne by 92.6% during the second quarter. AQR Capital Management LLC now owns 4,268,733 shares of the company’s stock worth $77,264,000 after purchasing an additional 2,051,980 shares during the period. First Trust Advisors LP increased its stake in SentinelOne by 20.0% during the second quarter. First Trust Advisors LP now owns 9,555,943 shares of the company’s stock worth $174,683,000 after purchasing an additional 1,589,845 shares during the period. Eminence Capital LP lifted its position in shares of SentinelOne by 24.9% during the second 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. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of SentinelOne by 76.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,649,092 shares of the company’s stock valued at $48,417,000 after purchasing an additional 1,149,309 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on S. Rosenblatt Securities reaffirmed a “buy” rating and set a $24.00 target price on shares of SentinelOne in a research note on Friday, December 5th. Guggenheim restated a “buy” rating and issued a $28.00 price target on shares of SentinelOne in a research note on Friday, December 5th. Morgan Stanley cut their price objective on SentinelOne from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Friday, December 5th. Wedbush decreased their target price on SentinelOne from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Friday, December 5th. Finally, JPMorgan Chase & Co. lowered their target price on SentinelOne from $19.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.72.

Insider Activity

In other news, CAO Robin Tomasello sold 8,509 shares of the business’s 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 $124,061.22. Following the completion of the sale, the chief accounting officer owned 285,551 shares in the company, valued at approximately $4,163,333.58. The trade was a 2.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ana G. Pinczuk sold 11,900 shares of the 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 completion of the transaction, the insider directly owned 560,589 shares in the company, valued at $8,307,928.98. This trade represents a 2.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 361,394 shares of company stock valued at $5,558,207 over the last 90 days. Insiders own 4.33% of the company’s stock.

SentinelOne Trading Down 1.0%

SentinelOne stock opened at $14.95 on Thursday. The company has a fifty day simple moving average of $15.05 and a 200-day simple moving average of $16.73. The stock has a market cap of $5.08 billion, a P/E ratio of -11.96 and a beta of 0.77. SentinelOne, Inc. has a 12-month low of $13.46 and a 12-month high of $25.24.

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

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.