Stephens Investment Management Group LLC Has $42.26 Million Position in SentinelOne, Inc. $S

Stephens Investment Management Group LLC increased its stake in shares of SentinelOne, Inc. (NYSE:S) by 22.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,399,643 shares of the company’s stock after purchasing an additional 437,724 shares during the period. Stephens Investment Management Group LLC owned approximately 0.72% of SentinelOne worth $42,258,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in shares of SentinelOne in the second quarter valued at about $29,000. First Horizon Advisors Inc. raised its holdings in shares of SentinelOne by 287.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,439 shares of the company’s stock valued at $45,000 after purchasing an additional 1,810 shares during the period. Foster Dykema Cabot & Partners LLC grew its holdings in SentinelOne by 66.7% during the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,007 shares of the company’s stock worth $55,000 after purchasing an additional 1,203 shares during the period. Daiwa Securities Group Inc. grew its holdings in SentinelOne by 25.2% during the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after purchasing an additional 692 shares during the period. Finally, Global Retirement Partners LLC boosted its stake in shares of SentinelOne by 15,900.0% during the 3rd quarter. Global Retirement Partners LLC now owns 3,680 shares of the company’s stock worth $65,000 after acquiring an additional 3,657 shares during the period. Institutional investors own 90.87% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on S. Citizens Jmp dropped their price target on SentinelOne from $29.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Friday, December 5th. Cantor Fitzgerald decreased their target price on SentinelOne from $24.00 to $22.00 and set an “overweight” rating on the stock in a research report on Monday, November 24th. UBS Group lowered SentinelOne from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. JPMorgan Chase & Co. reduced their price target on SentinelOne from $19.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $24.00 price target on shares of SentinelOne in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $22.03.

SentinelOne Trading Down 1.4%

SentinelOne stock opened at $13.88 on Friday. The business’s 50 day simple moving average is $15.43 and its 200 day simple moving average is $16.96. SentinelOne, Inc. has a 12 month low of $13.84 and a 12 month high of $25.24. The company has a market cap of $4.72 billion, a price-to-earnings ratio of -11.10 and a beta of 0.77.

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

Insiders Place Their Bets

In other news, CAO Robin Tomasello sold 8,509 shares of SentinelOne stock in a transaction on Monday, December 8th. The stock was sold at an average price of $14.58, for a total value of $124,061.22. Following the completion of the transaction, the chief accounting officer directly owned 285,551 shares in the company, valued at approximately $4,163,333.58. The trade was a 2.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 125,429 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $15.09, for a total value of $1,892,723.61. Following the sale, the chief executive officer owned 1,093,108 shares in the company, valued at approximately $16,494,999.72. The trade was a 10.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 361,394 shares of company stock worth $5,558,207 in the last three months. Insiders own 4.33% of the company’s stock.

SentinelOne 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.