SentinelOne, Inc. (NYSE:S) Shares Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. raised its position in SentinelOne, Inc. (NYSE:S - Free Report) by 177.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 629,168 shares of the company's stock after buying an additional 402,098 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned 0.20% of SentinelOne worth $13,968,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Waldron Private Wealth LLC bought a new position in shares of SentinelOne in the third quarter worth $26,000. Crewe Advisors LLC bought a new stake in shares of SentinelOne in the 4th quarter worth approximately $33,000. Modus Advisors LLC bought a new stake in shares of SentinelOne during the 4th quarter valued at about $48,000. Capital Performance Advisors LLP bought a new stake in shares of SentinelOne during the third quarter valued at approximately $55,000. Finally, Blue Trust Inc. grew its holdings in SentinelOne by 105.9% in the third quarter. Blue Trust Inc. now owns 2,378 shares of the company's stock worth $57,000 after purchasing an additional 1,223 shares during the period. Institutional investors own 90.87% of the company's stock.

Insider Activity

In other news, insider Ric Smith sold 2,341 shares of SentinelOne stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now owns 529,118 shares in the company, valued at approximately $12,672,376.10. The trade was a 0.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tomer Weingarten sold 82,116 shares of SentinelOne stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $22,658,092.02. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 286,699 shares of company stock worth $6,712,815. 5.60% of the stock is currently owned by corporate insiders.

SentinelOne Price Performance

Shares of NYSE:S traded up $0.66 during midday trading on Monday, reaching $24.60. 2,373,310 shares of the company's stock were exchanged, compared to its average volume of 3,711,911. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of -26.18 and a beta of 0.75. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The firm's 50 day simple moving average is $23.41 and its two-hundred day simple moving average is $24.20.

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

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Robert W. Baird raised their target price on shares of SentinelOne from $30.00 to $32.00 and gave the stock an "outperform" rating in a research note on Monday, December 2nd. Piper Sandler raised 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 research note on Monday, October 14th. UBS Group downgraded SentinelOne from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $30.00 to $25.00 in a research note on Wednesday, January 15th. Canaccord Genuity Group restated a "buy" rating and set a $30.00 target price on shares of SentinelOne in a research report on Friday, October 18th. Finally, Barclays cut their price objective on SentinelOne from $30.00 to $28.00 and set an "equal weight" rating for the company in a research report on Thursday, December 5th. Seven 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. Based on data from MarketBeat, SentinelOne has a consensus rating of "Moderate Buy" and an average target price of $29.56.

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.