SentinelOne, Inc. (NYSE:S) Shares Sold by Caprock Group LLC

Caprock Group LLC lowered its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 5.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 297,349 shares of the company's stock after selling 17,522 shares during the period. Caprock Group LLC owned approximately 0.09% of SentinelOne worth $6,601,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of S. Waldron Private Wealth LLC purchased a new stake in shares of SentinelOne during the 3rd quarter valued at about $26,000. Modus Advisors LLC purchased a new stake in shares of SentinelOne during the 4th quarter valued at about $48,000. Capital Performance Advisors LLP purchased a new stake in shares of SentinelOne during the 3rd quarter valued at about $55,000. Blue Trust Inc. increased its holdings in SentinelOne by 105.9% in the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company's stock worth $57,000 after acquiring an additional 1,223 shares in the last quarter. Finally, Huntington National Bank increased its holdings in SentinelOne by 287.9% in the 3rd quarter. Huntington National Bank now owns 2,378 shares of the company's stock worth $57,000 after acquiring an additional 1,765 shares in the last quarter. Institutional investors own 90.87% of the company's stock.

Insiders Place Their Bets

In related news, insider Ric Smith sold 14,583 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $22.75, for a total value of $331,763.25. Following the completion of the transaction, the insider now directly owns 531,459 shares of the company's stock, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction on Wednesday, December 11th. The shares were 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 of the company's stock, valued at approximately $22,658,092.02. This represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 358,135 shares of company stock worth $8,714,308. Corporate insiders own 5.60% of the company's stock.

Analyst Ratings Changes

S has been the subject of several analyst reports. JPMorgan Chase & Co. increased their target price on shares of SentinelOne from $30.00 to $33.00 and gave the stock an "overweight" rating in a report on Friday, November 29th. Needham & Company LLC reissued a "buy" rating and issued a $32.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Cantor Fitzgerald began coverage on shares of SentinelOne in a report on Thursday, January 9th. They set an "overweight" rating and a $30.00 price objective for the company. UBS Group lowered shares of SentinelOne from a "buy" rating to a "neutral" rating and cut their price objective for the company from $30.00 to $25.00 in a report on Wednesday, January 15th. Finally, Morgan Stanley reaffirmed an "equal weight" rating and set a $29.00 price objective on shares of SentinelOne in a 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat, SentinelOne presently has an average rating of "Moderate Buy" and a consensus price target of $29.56.

SentinelOne Trading Up 0.2 %

Shares of S stock traded up $0.05 during trading hours on Tuesday, reaching $23.61. 1,856,476 shares of the company's stock were exchanged, compared to its average volume of 3,780,093. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The stock has a market cap of $7.59 billion, a PE ratio of -25.09 and a beta of 0.75. The stock's fifty day moving average price is $23.74 and its two-hundred day moving average price is $24.18.

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

SentinelOne 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.