Calamos Advisors LLC Sells 71,468 Shares of SentinelOne, Inc. (NYSE:S)

Calamos Advisors LLC decreased its holdings in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 75.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,868 shares of the company's stock after selling 71,468 shares during the quarter. Calamos Advisors LLC's holdings in SentinelOne were worth $508,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in S. The Manufacturers Life Insurance Company increased its position in shares of SentinelOne by 21.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,507 shares of the company's stock worth $1,484,000 after purchasing an additional 12,258 shares during the last quarter. Creative Planning increased its holdings in SentinelOne by 62.8% during the second quarter. Creative Planning now owns 29,758 shares of the company's stock worth $626,000 after buying an additional 11,478 shares during the last quarter. Truist Financial Corp raised its position in SentinelOne by 17.4% during the second quarter. Truist Financial Corp now owns 27,754 shares of the company's stock worth $584,000 after acquiring an additional 4,110 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in SentinelOne during the second quarter worth $259,000. Finally, Diversified Trust Co acquired a new stake in SentinelOne in the third quarter valued at $809,000. Institutional investors own 90.87% of the company's stock.

Insider Buying and Selling at SentinelOne

In related news, CEO Tomer Weingarten sold 70,655 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $27.63, for a total value of $1,952,197.65. Following the completion of the transaction, the chief executive officer now owns 1,019,541 shares in the company, valued at $28,169,917.83. This trade represents a 6.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ric Smith sold 2,341 shares of the company's stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the completion of the transaction, the insider now owns 529,118 shares of the company's stock, valued at approximately $12,672,376.10. This trade represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 357,354 shares of company stock worth $8,665,013 over the last 90 days. Insiders own 5.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on S. Piper Sandler raised shares of SentinelOne from a "neutral" rating to an "overweight" rating and upped their target price for the company from $25.00 to $32.00 in a report on Monday, October 14th. Wedbush raised SentinelOne to a "strong-buy" rating in a report on Thursday, October 17th. Needham & Company LLC reaffirmed a "buy" rating and set a $32.00 price target on shares of SentinelOne in a report on Thursday, December 5th. UBS Group downgraded shares of SentinelOne from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $30.00 to $25.00 in a report on Wednesday, January 15th. Finally, Jefferies Financial Group upgraded shares of SentinelOne from a "hold" rating to a "buy" rating and raised their target price for the stock from $27.00 to $30.00 in a research note on Thursday, December 19th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $29.56.

SentinelOne Stock Performance

Shares of SentinelOne stock traded up $0.09 on Friday, reaching $23.93. 3,621,216 shares of the stock were exchanged, compared to its average volume of 3,539,667. The firm has a market cap of $7.69 billion, a PE ratio of -25.45 and a beta of 0.75. The firm's 50 day moving average is $23.41 and its 200-day moving average is $24.20. 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 released its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same quarter in the previous year, the company earned ($0.21) earnings per share. The firm's revenue for the quarter was up 28.3% on a year-over-year basis. On average, equities research analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

About SentinelOne

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.