Stanley Laman Group Ltd. Lowers Stake in SentinelOne, Inc. (NYSE:S)

Stanley Laman Group Ltd. cut its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 16.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 210,451 shares of the company's stock after selling 41,644 shares during the quarter. Stanley Laman Group Ltd. owned approximately 0.07% of SentinelOne worth $4,672,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Avior Wealth Management LLC boosted its position in shares of 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 purchasing an additional 898 shares in the last quarter. Bullseye Asset Management LLC boosted its holdings 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 worth $1,605,000 after buying an additional 1,000 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in shares of SentinelOne by 17.4% during the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company's stock worth $163,000 after buying an additional 1,012 shares in the last quarter. Legato Capital Management LLC grew its position in shares of SentinelOne by 8.1% during the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock worth $304,000 after buying an additional 1,022 shares during the period. Finally, Waldron Private Wealth LLC bought a new stake in shares of SentinelOne in the 3rd quarter valued at $26,000. Institutional investors own 90.87% of the company's stock.

SentinelOne Trading Down 0.7 %

Shares of S stock traded down $0.17 during trading on Monday, hitting $24.81. The company's stock had a trading volume of 3,589,658 shares, compared to its average volume of 3,539,667. The business has a fifty day moving average of $23.17 and a 200-day moving average of $24.26. The company has a market cap of $7.97 billion, a PE ratio of -26.39 and a beta of 0.75. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $30.36.

SentinelOne (NYSE:S - Get Free Report) last announced its earnings results 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). The business had revenue of $210.60 million for the quarter, compared to analysts' expectations of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The company's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.21) earnings per share. As a group, research analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Cantor Fitzgerald assumed coverage on shares of SentinelOne in a report on Thursday, January 9th. They issued an "overweight" rating and a $30.00 price target for the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $32.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Susquehanna increased their price target on SentinelOne from $28.00 to $30.00 and gave the stock a "positive" rating in a report on Thursday, December 5th. Barclays reduced their price objective on SentinelOne from $30.00 to $28.00 and set an "equal weight" rating for the company in a research note on Thursday, December 5th. Finally, Jefferies Financial Group raised SentinelOne from a "hold" rating to a "buy" rating and upped their target price for the stock from $27.00 to $30.00 in a research report on Thursday, December 19th. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $29.56.

Insider Buying and Selling

In other news, CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total transaction of $1,938,758.76. Following the completion of the transaction, the chief executive officer now owns 959,682 shares in the company, valued at approximately $22,658,092.02. This represents a 7.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ric Smith sold 2,341 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now directly owns 529,118 shares in the company, valued at approximately $12,672,376.10. This trade represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 357,341 shares of company stock worth $8,423,765. Insiders own 5.60% of the company's stock.

SentinelOne 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.