SentinelOne, Inc. (NYSE:S) Shares Acquired by Cwm LLC

CWM LLC increased its holdings in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 391.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,114 shares of the company's stock after purchasing an additional 22,394 shares during the quarter. CWM LLC's holdings in SentinelOne were worth $672,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. acquired a new stake in shares of SentinelOne during the second quarter worth about $27,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company's stock valued at $28,000 after acquiring an additional 434 shares during the period. Sugarloaf Wealth Management LLC grew its position in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company's stock worth $41,000 after acquiring an additional 700 shares during the last quarter. Unique Wealth Strategies LLC acquired a new position in shares of SentinelOne in the 2nd quarter valued at $49,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in SentinelOne in the 1st quarter valued at $80,000. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Performance

Shares of SentinelOne stock traded up $0.34 during trading on Friday, reaching $26.36. The company had a trading volume of 4,790,818 shares, compared to its average volume of 5,373,923. The company has a market cap of $8.25 billion, a price-to-earnings ratio of -25.84 and a beta of 0.67. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The firm's fifty day moving average is $23.92 and its 200-day moving average is $21.85.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on S. JPMorgan Chase & Co. raised their price objective on shares of SentinelOne from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Friday, August 23rd. JMP Securities reissued a "market outperform" rating and issued a $33.00 price target on shares of SentinelOne in a report on Wednesday, August 28th. Baird R W raised shares of SentinelOne to a "strong-buy" rating in a research note on Monday, July 15th. Citigroup lifted their price target on shares of SentinelOne from $20.00 to $25.00 and gave the stock a "neutral" rating in a report on Wednesday, August 28th. Finally, Robert W. Baird upped their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the company an "outperform" rating in a research note on Friday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $28.60.

Insider Buying and Selling

In related news, CAO Robin Tomasello sold 5,022 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $22.80, for a total value of $114,501.60. Following the sale, the chief accounting officer now owns 193,542 shares of the company's stock, valued at $4,412,757.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other SentinelOne news, CAO Robin Tomasello sold 5,022 shares of SentinelOne stock in a transaction on Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $114,501.60. Following the sale, the chief accounting officer now owns 193,542 shares of the company's stock, valued at $4,412,757.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $25.30, for a total value of $1,539,859.20. Following the completion of the transaction, the chief executive officer now directly owns 1,039,497 shares of the company's stock, valued at approximately $26,299,274.10. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 489,850 shares of company stock worth $11,034,964 in the last three months. 5.60% of the stock is owned by insiders.

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.