Baader Bank Aktiengesellschaft Cuts Position in SentinelOne, Inc. (NYSE:S)

Baader Bank Aktiengesellschaft trimmed its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 23.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,000 shares of the company's stock after selling 15,419 shares during the period. Baader Bank Aktiengesellschaft's holdings in SentinelOne were worth $1,110,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of S. KBC Group NV raised its holdings in SentinelOne by 778.0% in the 3rd quarter. KBC Group NV now owns 65,455 shares of the company's stock valued at $1,566,000 after buying an additional 58,000 shares during the last quarter. Erste Asset Management GmbH bought a new position in SentinelOne during the 3rd quarter worth approximately $4,816,000. NorthRock Partners LLC bought a new position in SentinelOne during the 3rd quarter worth approximately $5,227,000. Charles Schwab Investment Management Inc. raised its holdings in SentinelOne by 55.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company's stock worth $62,129,000 after purchasing an additional 921,572 shares during the last quarter. Finally, Carnegie Investment Counsel bought a new position in SentinelOne during the 4th quarter worth approximately $7,167,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on S. Canaccord Genuity Group reaffirmed a "buy" rating and set a $30.00 price objective on shares of SentinelOne in a research report on Friday, October 18th. Cantor Fitzgerald began coverage on shares of SentinelOne in a research report on Thursday, January 9th. They set an "overweight" rating and a $30.00 price objective for the company. Piper Sandler raised shares of SentinelOne from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $25.00 to $32.00 in a research report on Monday, October 14th. UBS Group downgraded shares of SentinelOne from a "buy" rating to a "neutral" rating and reduced their price target for the company from $30.00 to $25.00 in a research report on Wednesday, January 15th. Finally, Robert W. Baird lifted their price target on shares of SentinelOne from $30.00 to $32.00 and gave the company an "outperform" rating in a research report on Monday, December 2nd. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $29.56.

Insider Activity at SentinelOne

In other news, insider Ric Smith sold 3,135 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total value of $82,293.75. Following the transaction, the insider now owns 582,512 shares of the company's stock, valued at $15,290,940. This trade represents a 0.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Tomer Weingarten sold 82,116 shares of the firm's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total value of $1,938,758.76. Following the completion of the transaction, the chief executive officer now directly owns 959,682 shares in the company, valued at $22,658,092.02. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 358,135 shares of company stock valued at $8,714,308 over the last ninety days. Insiders own 5.60% of the company's stock.

SentinelOne Trading Up 2.5 %

S traded up $0.60 during trading on Thursday, reaching $24.27. The stock had a trading volume of 1,857,487 shares, compared to its average volume of 3,882,821. The stock's 50 day moving average is $23.99 and its two-hundred day moving average is $24.11. The company has a market capitalization of $7.80 billion, a price-to-earnings ratio of -25.80 and a beta of 0.74. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. During the same quarter last year, the company posted ($0.21) EPS. SentinelOne's revenue for the quarter was up 28.3% compared to the same quarter last year. On average, equities research analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

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.