Stephens Investment Management Group LLC Takes $30.97 Million Position in SentinelOne, Inc. (NYSE:S)

Stephens Investment Management Group LLC acquired a new stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,294,815 shares of the company's stock, valued at approximately $30,972,000. Stephens Investment Management Group LLC owned approximately 0.41% of SentinelOne at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of S. Vanguard Group Inc. grew its stake in shares of SentinelOne by 7.2% in the 1st quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company's stock valued at $586,456,000 after buying an additional 1,694,407 shares during the period. Eminence Capital LP grew its stake in shares of SentinelOne by 24.2% in the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company's stock valued at $144,282,000 after buying an additional 1,337,145 shares during the period. Sylebra Capital LLC grew its stake in shares of SentinelOne by 10.5% in the 2nd quarter. Sylebra Capital LLC now owns 6,765,974 shares of the company's stock valued at $142,424,000 after buying an additional 643,097 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of SentinelOne by 19.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company's stock valued at $77,299,000 after buying an additional 590,628 shares during the period. Finally, Clearbridge Investments LLC grew its stake in shares of SentinelOne by 0.8% in the 2nd quarter. Clearbridge Investments LLC now owns 2,630,615 shares of the company's stock valued at $55,374,000 after buying an additional 20,600 shares during the period. Hedge funds and other institutional investors own 90.87% of the company's stock.

Insider Transactions at SentinelOne

In other news, CFO David J. Bernhardt sold 2,631 shares of the business's stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total transaction of $54,093.36. Following the transaction, the chief financial officer now directly owns 504,085 shares in the company, valued at $10,363,987.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO Tomer Weingarten sold 10,165 shares of the business's stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total transaction of $208,992.40. Following the sale, the chief executive officer now owns 1,109,147 shares of the company's stock, valued at approximately $22,804,062.32. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO David J. Bernhardt sold 2,631 shares of the business's stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $20.56, for a total transaction of $54,093.36. Following the sale, the chief financial officer now directly owns 504,085 shares in the company, valued at approximately $10,363,987.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 489,850 shares of company stock worth $11,074,922 over the last ninety days. 5.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on S. Barclays upped their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the stock an "equal weight" rating in a report on Thursday, October 17th. Wedbush upgraded shares of SentinelOne to a "strong-buy" rating in a report on Thursday, October 17th. Morgan Stanley upped their price objective on shares of SentinelOne from $27.00 to $29.00 and gave the stock an "overweight" rating in a report on Wednesday, August 28th. Westpark Capital reiterated a "buy" rating and set a $34.00 target price on shares of SentinelOne in a report on Monday, August 26th. Finally, Scotiabank raised their price target on shares of SentinelOne from $18.00 to $25.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $28.60.

SentinelOne Stock Performance

NYSE S traded up $0.23 during trading on Friday, reaching $26.02. The company's stock had a trading volume of 2,186,791 shares, compared to its average volume of 5,269,872. The firm has a market cap of $8.25 billion, a price-to-earnings ratio of -27.97 and a beta of 0.67. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The business's fifty day moving average price is $24.43 and its 200-day moving average price is $22.09.

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