NorthRock Partners LLC Purchases Shares of 218,500 SentinelOne, Inc. (NYSE:S)

NorthRock Partners LLC bought a new stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 218,500 shares of the company's stock, valued at approximately $5,227,000. NorthRock Partners LLC owned 0.07% of SentinelOne as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Amalgamated Bank boosted its position in SentinelOne by 14.3% during the 3rd quarter. Amalgamated Bank now owns 14,886 shares of the company's stock worth $356,000 after acquiring an additional 1,857 shares during the period. Asset Management One Co. Ltd. raised its stake in shares of SentinelOne by 1.5% during the third quarter. Asset Management One Co. Ltd. now owns 190,315 shares of the company's stock valued at $4,552,000 after purchasing an additional 2,833 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of SentinelOne by 1.6% during the third quarter. Van ECK Associates Corp now owns 96,015 shares of the company's stock valued at $2,427,000 after purchasing an additional 1,489 shares in the last quarter. Stephens Investment Management Group LLC acquired a new stake in SentinelOne in the third quarter worth about $30,972,000. Finally, Pallas Capital Advisors LLC bought a new position in SentinelOne in the 3rd quarter valued at about $314,000. Institutional investors own 90.87% of the company's stock.

SentinelOne Stock Up 1.0 %

Shares of S traded up $0.25 during trading hours on Tuesday, reaching $25.72. The company's stock had a trading volume of 1,461,437 shares, compared to its average volume of 5,236,435. The company has a 50 day moving average of $24.46 and a two-hundred day moving average of $22.18. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of -27.39 and a beta of 0.65. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76.

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

Wall Street Analysts Forecast Growth

S has been the subject of several recent analyst reports. Piper Sandler upgraded shares of SentinelOne from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $25.00 to $32.00 in a report on Monday, October 14th. Morgan Stanley increased their price target on SentinelOne from $27.00 to $29.00 and gave the company an "overweight" rating in a research note on Wednesday, August 28th. Wells Fargo & Company boosted their price objective on SentinelOne from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 28th. Needham & Company LLC assumed coverage on SentinelOne in a report on Thursday, October 17th. They set a "buy" rating and a $32.00 target price on the stock. Finally, Sanford C. Bernstein cut their price target on shares of SentinelOne from $37.00 to $32.00 and set an "outperform" rating for the company in a report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, SentinelOne has a consensus rating of "Moderate Buy" and an average price target of $28.60.

Insider Buying and Selling

In other SentinelOne news, insider Ric Smith sold 14,584 shares of the business's stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $22.99, for a total value of $335,286.16. Following the completion of the sale, the insider now directly owns 636,699 shares of the company's stock, valued at $14,637,710.01. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $25.30, for a total value of $1,539,859.20. Following the transaction, the chief executive officer now owns 1,039,497 shares of the company's stock, valued at $26,299,274.10. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ric Smith sold 14,584 shares of the company's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $22.99, for a total transaction of $335,286.16. Following the sale, the insider now directly owns 636,699 shares of the company's stock, valued at approximately $14,637,710.01. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 473,919 shares of company stock worth $10,747,380. Insiders own 5.60% of the company's stock.

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.