Great Lakes Advisors LLC grew its position in SentinelOne, Inc. (NYSE:S – Free Report) by 43.9% during the second quarter, HoldingsChannel reports. The firm owned 213,391 shares of the company’s stock after buying an additional 65,072 shares during the period. Great Lakes Advisors LLC’s holdings in SentinelOne were worth $3,222,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of S. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in shares of SentinelOne by 86,543.0% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 44,095,203 shares of the company’s stock worth $665,838,000 after buying an additional 44,044,310 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in SentinelOne by 72.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 25,317,055 shares of the company’s stock worth $369,376,000 after acquiring an additional 10,656,778 shares in the last quarter. Vanguard Group Inc. grew its holdings in SentinelOne by 4.7% in the third quarter. Vanguard Group Inc. now owns 17,585,277 shares of the company’s stock worth $449,480,000 after purchasing an additional 794,439 shares during the period. BlackRock Inc. increased its stake in SentinelOne by 8.4% in the first quarter. BlackRock Inc. now owns 10,783,734 shares of the company’s stock valued at $176,422,000 after purchasing an additional 835,305 shares in the last quarter. Finally, Sylebra Capital Ltd acquired a new position in shares of SentinelOne during the first quarter valued at about $171,765,000. 71.33% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at SentinelOne
In other news, insider Ric Smith sold 3,082 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $15.22, for a total transaction of $46,908.04. Following the completion of the transaction, the insider now directly owns 494,672 shares of the company’s stock, valued at $7,528,907.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider Ric Smith sold 3,082 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $15.22, for a total transaction of $46,908.04. Following the transaction, the insider now directly owns 494,672 shares of the company’s stock, valued at $7,528,907.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO David J. Bernhardt sold 9,373 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $17.57, for a total value of $164,683.61. Following the transaction, the chief financial officer now owns 415,045 shares of the company’s stock, valued at approximately $7,292,340.65. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 270,131 shares of company stock worth $4,444,214. Insiders own 5.93% of the company’s stock.
SentinelOne Stock Up 1.3 %
SentinelOne (NYSE:S – Get Free Report) last released its quarterly earnings data on Thursday, August 31st. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.06. The firm had revenue of $149.42 million for the quarter, compared to the consensus estimate of $140.98 million. SentinelOne had a negative return on equity of 21.47% and a negative net margin of 74.19%. The company’s quarterly revenue was up 45.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.32) earnings per share. As a group, equities analysts expect that SentinelOne, Inc. will post -1.14 earnings per share for the current fiscal year.
Analyst Ratings Changes
S has been the subject of several research reports. Raymond James raised their target price on SentinelOne from $20.00 to $22.00 and gave the company a “strong-buy” rating in a research note on Friday, September 1st. Needham & Company LLC boosted their price objective on SentinelOne from $19.00 to $23.00 in a report on Friday, September 1st. Scotiabank increased their target price on SentinelOne from $15.00 to $16.50 in a report on Friday, September 1st. JMP Securities reissued a “market outperform” rating and set a $22.00 price objective on shares of SentinelOne in a report on Monday, August 28th. Finally, Wells Fargo & Company raised their price target on shares of SentinelOne from $14.00 to $17.00 and gave the company an “equal weight” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $20.21.
SentinelOne Company Profile
SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats.
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