Bleakley Financial Group LLC Takes Position in SentinelOne, Inc. (NYSE:S)

Bleakley Financial Group LLC acquired a new stake in SentinelOne, Inc. (NYSE:S) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,517 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. purchased a new stake in shares of SentinelOne in the second quarter worth approximately $27,000. Allspring Global Investments Holdings LLC raised its holdings in shares of SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after buying an additional 434 shares during the period. Sugarloaf Wealth Management LLC raised its holdings in shares of SentinelOne by 56.0% in the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after buying an additional 700 shares during the period. Unique Wealth Strategies LLC purchased a new stake in shares of SentinelOne in the second quarter worth approximately $49,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of SentinelOne in the first quarter worth approximately $80,000. 90.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on S. Wells Fargo & Company raised their price objective on SentinelOne from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. Susquehanna raised their price objective on SentinelOne from $22.00 to $28.00 and gave the stock a “positive” rating in a report on Thursday, September 5th. Baird R W upgraded SentinelOne to a “strong-buy” rating in a report on Monday, July 15th. The Goldman Sachs Group restated a “neutral” rating and set a $25.00 price objective on shares of SentinelOne in a report on Friday, September 13th. Finally, Sanford C. Bernstein reduced their price objective on SentinelOne from $37.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and an average price target of $28.60.

SentinelOne Price Performance

SentinelOne stock opened at $25.97 on Friday. The stock has a market capitalization of $8.24 billion, a price-to-earnings ratio of -27.92 and a beta of 0.67. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The business has a fifty day moving average price of $24.21 and a 200-day moving average price of $21.95.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The company had revenue of $198.94 million during the quarter, compared to analysts’ expectations of $197.32 million. During the same quarter in the previous year, the firm posted ($0.26) EPS. The firm’s revenue was up 33.1% compared to the same quarter last year. On average, equities research analysts anticipate that SentinelOne, Inc. will post -0.73 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other SentinelOne news, CFO David J. Bernhardt sold 2,631 shares of SentinelOne stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $20.56, for a total transaction of $54,093.36. Following the completion of the sale, the chief financial officer now owns 504,085 shares of the company’s stock, valued at approximately $10,363,987.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other SentinelOne news, CFO David J. Bernhardt sold 2,631 shares of SentinelOne stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $20.56, for a total transaction of $54,093.36. Following the completion of the sale, the chief financial officer now owns 504,085 shares of the company’s stock, valued at approximately $10,363,987.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $25.30, for a total value of $1,539,859.20. Following the sale, the chief executive officer now directly owns 1,039,497 shares of the company’s stock, valued at approximately $26,299,274.10. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 475,267 shares of company stock valued at $10,691,681. 5.60% of the stock is owned by company insiders.

SentinelOne Company Profile

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.