GSA Capital Partners LLP Has $387,000 Stake in SentinelOne, Inc. (NYSE:S)

GSA Capital Partners LLP lessened its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 75.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,195 shares of the company's stock after selling 49,796 shares during the period. GSA Capital Partners LLP's holdings in SentinelOne were worth $387,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Waldron Private Wealth LLC acquired a new position in shares of SentinelOne during the 3rd quarter worth approximately $26,000. Blue Trust Inc. purchased a new position in SentinelOne in the 2nd quarter valued at about $27,000. Allspring Global Investments Holdings LLC boosted its holdings in SentinelOne by 49.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company's stock worth $28,000 after buying an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC increased its stake in SentinelOne by 56.0% during the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company's stock worth $41,000 after buying an additional 700 shares in the last quarter. Finally, Unique Wealth Strategies LLC acquired a new position in shares of SentinelOne during the second quarter valued at approximately $49,000. Institutional investors and hedge funds own 90.87% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on S shares. Barclays raised their target price on SentinelOne from $28.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Thursday, October 17th. Piper Sandler upgraded shares of SentinelOne from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $25.00 to $32.00 in a report on Monday, October 14th. Scotiabank lifted their target price on shares of SentinelOne from $18.00 to $25.00 and gave the company a "sector perform" rating in a report on Wednesday, August 28th. Wedbush upgraded SentinelOne to a "strong-buy" rating in a research note on Thursday, October 17th. Finally, Morgan Stanley lifted their price objective on SentinelOne from $27.00 to $29.00 and gave the company an "overweight" rating in a research note on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $28.73.

Insider Transactions at SentinelOne

In other news, CEO Tomer Weingarten sold 70,655 shares of the business's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following the transaction, the chief executive officer now directly owns 1,019,541 shares in the company, valued at $28,169,917.83. The trade was a 6.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Ric Smith sold 3,135 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total value of $82,293.75. Following the completion of the transaction, the insider now owns 582,512 shares in the company, valued at $15,290,940. This represents a 0.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 432,125 shares of company stock valued at $10,367,734 over the last ninety days. Corporate insiders own 5.60% of the company's stock.

SentinelOne Stock Up 1.4 %

NYSE S traded up $0.40 on Friday, hitting $28.53. The stock had a trading volume of 2,909,670 shares, compared to its average volume of 5,147,280. The company's 50-day moving average is $25.56 and its two-hundred day moving average is $22.71. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76. The stock has a market cap of $9.05 billion, a price-to-earnings ratio of -30.69 and a beta of 0.65.

SentinelOne (NYSE:S - Get Free Report) last released its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. During the same period in the prior year, the firm posted ($0.26) earnings per share. The firm's revenue for the quarter was up 33.1% compared to the same quarter last year. On average, sell-side analysts anticipate that SentinelOne, Inc. will post -0.73 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.