Mirae Asset Global Investments Co. Ltd. Buys 74,137 Shares of SentinelOne, Inc. $S

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of SentinelOne, Inc. (NYSE:S) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 74,137 shares of the company’s stock, valued at approximately $1,761,000.

Other hedge funds also recently modified their holdings of the company. Arizona State Retirement System grew its holdings in shares of SentinelOne by 0.7% during the second quarter. Arizona State Retirement System now owns 87,546 shares of the company’s stock valued at $1,486,000 after buying an additional 638 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in SentinelOne by 0.9% during the first quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company’s stock valued at $1,154,000 after buying an additional 784 shares during the period. GAMMA Investing LLC lifted its stake in SentinelOne by 29.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,685 shares of the company’s stock worth $63,000 after acquiring an additional 843 shares in the last quarter. Caerus Investment Advisors LLC lifted its stake in SentinelOne by 6.0% in the 1st quarter. Caerus Investment Advisors LLC now owns 15,390 shares of the company’s stock worth $198,000 after acquiring an additional 877 shares in the last quarter. Finally, Krilogy Financial LLC boosted its position in SentinelOne by 3.7% during the 3rd quarter. Krilogy Financial LLC now owns 30,887 shares of the company’s stock worth $793,000 after acquiring an additional 1,093 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on SentinelOne from $18.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Jefferies Financial Group reissued a “buy” rating on shares of SentinelOne in a research report on Thursday, October 22nd. Sanford C. Bernstein cut shares of SentinelOne from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $21.00 to $25.00 in a report on Thursday, September 17th. Canaccord Genuity Group boosted their price objective on shares of SentinelOne from $18.00 to $25.00 and gave the company a “buy” rating in a research report on Friday, August 28th. Finally, Stephens reiterated an “overweight” rating and issued a $26.00 price objective on shares of SentinelOne in a research note on Friday, August 28th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.61.

SentinelOne Trading Up 1.7%

S opened at $21.77 on Friday. The stock has a market cap of $7.58 billion, a price-to-earnings ratio of -21.56 and a beta of 0.59. SentinelOne, Inc. has a 1 year low of $11.81 and a 1 year high of $26.50. The stock has a fifty day moving average price of $23.08 and a 200 day moving average price of $17.83.

SentinelOne (NYSE:S) last issued its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. The company had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. During the same period in the prior year, the firm posted ($0.22) EPS. The business’s revenue was up 20.6% compared to the same quarter last year. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Tomer Weingarten sold 527,368 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $25.26, for a total transaction of $13,321,315.68. Following the transaction, the chief executive officer owned 1,717,510 shares of the company’s stock, valued at approximately $43,384,302.60. This trade represents a 23.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Robin Tomasello sold 13,311 shares of SentinelOne stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $19.95, for a total transaction of $265,554.45. Following the completion of the sale, the chief accounting officer owned 405,112 shares of the company’s stock, valued at $8,081,984.40. This trade represents a 3.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 755,582 shares of company stock worth $18,023,238 in the last quarter. Corporate insiders own 4.27% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered security solutions for organizations worldwide. Its platform is designed to prevent, detect, investigate and respond to cyber threats across endpoints, cloud workloads, identities and other enterprise environments.

The company’s Singularity Platform provides capabilities including endpoint protection, extended detection and response, cloud security, identity security, vulnerability management, data lake and security information and event management functionality.