SentinelOne, Inc. (NYSE:S) Stock Holdings Trimmed by Robocap Asset Management Ltd

Robocap Asset Management Ltd trimmed its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 27.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 175,748 shares of the company's stock after selling 66,221 shares during the quarter. SentinelOne comprises about 2.6% of Robocap Asset Management Ltd's investment portfolio, making the stock its 18th largest holding. Robocap Asset Management Ltd owned approximately 0.05% of SentinelOne worth $3,902,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC increased its position in SentinelOne by 4.0% during the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company's stock valued at $553,000 after buying an additional 898 shares in the last quarter. Bullseye Asset Management LLC raised its stake in shares of 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 buying an additional 1,000 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in SentinelOne by 17.4% in the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company's stock valued at $163,000 after acquiring an additional 1,012 shares during the period. Waldron Private Wealth LLC purchased a new position in SentinelOne in the third quarter valued at $26,000. Finally, Principal Financial Group Inc. raised its holdings in SentinelOne by 6.4% in the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock worth $442,000 after purchasing an additional 1,111 shares during the period. 90.87% of the stock is currently owned by institutional investors.

SentinelOne Price Performance

SentinelOne stock traded up $0.21 during mid-day trading on Wednesday, reaching $24.20. The company had a trading volume of 2,129,860 shares, compared to its average volume of 3,660,808. The company has a market capitalization of $7.78 billion, a P/E ratio of -25.74 and a beta of 0.75. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The stock's 50-day simple moving average is $23.19 and its 200-day simple moving average is $24.22.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The business had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same quarter last year, the business earned ($0.21) EPS. SentinelOne's revenue for the quarter was up 28.3% compared to the same quarter last year. On average, equities analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on S shares. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a "hold" rating to a "buy" rating and raised their target price for the company from $25.00 to $32.00 in a research report on Tuesday, November 12th. Guggenheim reissued a "buy" rating and issued a $31.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Westpark Capital reissued a "buy" rating and set a $34.00 price objective on shares of SentinelOne in a research report on Tuesday, December 3rd. Citigroup cut their target price on SentinelOne from $28.00 to $27.00 and set a "neutral" rating on the stock in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. boosted their price target on shares of SentinelOne from $30.00 to $33.00 and gave the stock an "overweight" rating in a research note on Friday, November 29th. Seven analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $29.56.

Insider Activity

In related news, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $23.74, for a total value of $1,444,911.36. Following the completion of the sale, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $22,782,850.68. This represents a 5.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ric Smith sold 2,341 shares of the business's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $56,066.95. Following the transaction, the insider now owns 529,118 shares in the company, valued at approximately $12,672,376.10. This represents a 0.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 286,699 shares of company stock valued at $6,712,815 in the last ninety days. Company 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.