SentinelOne, Inc. (NYSE:S) Shares Bought by Ashford Capital Management Inc.

Ashford Capital Management Inc. boosted its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 72.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 658,435 shares of the company's stock after purchasing an additional 277,235 shares during the quarter. SentinelOne comprises 2.0% of Ashford Capital Management Inc.'s portfolio, making the stock its 22nd largest position. Ashford Capital Management Inc. owned approximately 0.21% of SentinelOne worth $15,750,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Geode Capital Management LLC lifted its position in SentinelOne by 8.6% in the 3rd quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company's stock valued at $107,326,000 after acquiring an additional 355,944 shares in the last quarter. Sylebra Capital LLC raised its position in SentinelOne by 33.7% in the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company's stock worth $216,451,000 after buying an additional 2,282,980 shares during the last quarter. Bullseye Asset Management LLC lifted its stake in SentinelOne by 1.5% during the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company's stock valued at $1,605,000 after acquiring an additional 1,000 shares during the period. M&T Bank Corp boosted its holdings in shares of SentinelOne by 42.8% during the 3rd quarter. M&T Bank Corp now owns 14,583 shares of the company's stock valued at $349,000 after acquiring an additional 4,370 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of SentinelOne by 121.9% during the third quarter. Barclays PLC now owns 325,215 shares of the company's stock valued at $7,779,000 after purchasing an additional 178,685 shares during the last quarter. Institutional investors own 90.87% of the company's stock.

Insider Activity

In other SentinelOne news, CFO David J. Bernhardt sold 11,222 shares of the firm's stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $21.40, for a total value of $240,150.80. Following the sale, the chief financial officer now directly owns 477,781 shares of the company's stock, valued at approximately $10,224,513.40. This trade represents a 2.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tomer Weingarten sold 82,116 shares of the company's stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $21.60, for a total value of $1,773,705.60. Following the transaction, the chief executive officer now directly owns 1,039,497 shares of the company's stock, valued at approximately $22,453,135.20. The trade was a 7.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 328,187 shares of company stock valued at $8,016,623 in the last ninety days. Insiders own 5.60% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on S. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a "hold" rating to a "buy" rating and raised their target price for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. Wells Fargo & Company upped their price objective on SentinelOne from $29.00 to $30.00 and gave the company an "overweight" rating in a research report on Wednesday, August 28th. Canaccord Genuity Group reissued a "buy" rating and issued a $30.00 target price on shares of SentinelOne in a research report on Friday, October 18th. Robert W. Baird upped their price target on shares of SentinelOne from $30.00 to $32.00 and gave the company an "outperform" rating in a research report on Monday, December 2nd. Finally, Loop Capital boosted their target price on shares of SentinelOne from $25.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $29.42.

SentinelOne Stock Performance

S traded down $1.06 on Tuesday, hitting $23.61. The company had a trading volume of 5,606,449 shares, compared to its average volume of 5,263,494. The stock has a market capitalization of $7.49 billion, a price-to-earnings ratio of -26.24 and a beta of 0.67. The stock has a fifty day moving average price of $26.32 and a 200-day moving average price of $23.19. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million during 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%. The firm's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.21) EPS. Analysts forecast that SentinelOne, Inc. will post -0.73 EPS for the current fiscal year.

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.