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

Migdal Insurance & Financial Holdings Ltd. decreased its position in SentinelOne, Inc. (NYSE:S - Free Report) by 79.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 227,070 shares of the company's stock after selling 886,880 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned 0.07% of SentinelOne worth $5,432,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Waldron Private Wealth LLC bought a new position in SentinelOne in the third quarter worth approximately $26,000. Blue Trust Inc. bought a new position in SentinelOne in the second quarter worth approximately $27,000. Allspring Global Investments Holdings LLC raised its stake in SentinelOne by 49.1% in the second 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 in the last quarter. Sugarloaf Wealth Management LLC raised its stake in SentinelOne by 56.0% in the second 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 bought a new position in SentinelOne in the second quarter worth approximately $49,000. Hedge funds and other institutional investors own 90.87% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on S shares. Barclays upped their price target on SentinelOne from $28.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 17th. Piper Sandler raised SentinelOne from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $25.00 to $32.00 in a research report on Monday, October 14th. Citigroup upped their price target on SentinelOne from $20.00 to $25.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 28th. Westpark Capital reaffirmed a "buy" rating and set a $34.00 price target on shares of SentinelOne in a research report on Monday, August 26th. Finally, Morgan Stanley upped their price target on SentinelOne from $27.00 to $29.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $28.60.

Insider Activity at SentinelOne

In related news, insider Ric Smith sold 3,135 shares of the company's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total value of $82,293.75. Following the completion of the sale, the insider now owns 582,512 shares of the company's stock, valued at approximately $15,290,940. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $21.47, for a total transaction of $1,306,750.08. Following the completion of the transaction, the chief executive officer now owns 1,099,356 shares of the company's stock, valued at $23,603,173.32. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ric Smith sold 3,135 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total transaction of $82,293.75. Following the transaction, the insider now directly owns 582,512 shares of the company's stock, valued at approximately $15,290,940. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 422,334 shares of company stock valued at $9,722,287. 5.60% of the stock is owned by company insiders.

SentinelOne Trading Down 1.2 %

NYSE:S traded down $0.34 during trading hours on Friday, reaching $27.57. 3,415,662 shares of the company were exchanged, compared to its average volume of 3,823,552. The stock's 50-day moving average is $24.69 and its 200-day moving average is $22.36. The firm has a market cap of $8.75 billion, a PE ratio of -29.64 and a beta of 0.65. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76.

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