SentinelOne, Inc. (NYSE:S) Shares Bought by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC increased its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 37.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,777,810 shares of the company's stock after acquiring an additional 482,995 shares during the quarter. Stephens Investment Management Group LLC owned about 0.55% of SentinelOne worth $39,467,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sylebra Capital LLC raised its stake in SentinelOne by 33.7% during the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company's stock valued at $216,451,000 after purchasing an additional 2,282,980 shares in the last quarter. State Street Corp raised its stake in SentinelOne by 11.3% during the third quarter. State Street Corp now owns 5,072,097 shares of the company's stock valued at $121,325,000 after purchasing an additional 516,244 shares in the last quarter. Geode Capital Management LLC raised its stake in SentinelOne by 8.6% during the third quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company's stock valued at $107,326,000 after purchasing an additional 355,944 shares in the last quarter. Atreides Management LP raised its stake in SentinelOne by 137.3% during the third quarter. Atreides Management LP now owns 3,802,904 shares of the company's stock valued at $90,965,000 after purchasing an additional 2,200,594 shares in the last quarter. Finally, Champlain Investment Partners LLC purchased a new stake in SentinelOne during the third quarter valued at $80,604,000. Institutional investors own 90.87% of the company's stock.

SentinelOne Price Performance

S traded up $0.21 during trading on Wednesday, reaching $24.20. 2,129,860 shares of the company's stock were exchanged, compared to its average volume of 3,660,808. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The stock has a market capitalization of $7.78 billion, a P/E ratio of -25.74 and a beta of 0.75. The company's fifty 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 results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 15.80% and a negative net margin of 37.61%. The business's quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.21) earnings per share. Equities analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on S shares. Needham & Company LLC reissued a "buy" rating and issued a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Oppenheimer started coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 target price on the stock. Barclays reduced their target price on shares of SentinelOne from $30.00 to $28.00 and set an "equal weight" rating on the stock in a research note on Thursday, December 5th. Westpark Capital reissued a "buy" rating and issued a $34.00 target price on shares of SentinelOne in a research note on Tuesday, December 3rd. Finally, Canaccord Genuity Group reissued a "buy" rating and issued a $30.00 target price on shares of SentinelOne in a research note on Friday, October 18th. Seven research 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. According to data from MarketBeat.com, SentinelOne has a consensus rating of "Moderate Buy" and a consensus price target of $29.56.

Insiders Place Their Bets

In other news, CEO Tomer Weingarten sold 10,178 shares of the firm's stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $243,763.10. Following the transaction, the chief executive officer now owns 949,504 shares in the company, valued at $22,740,620.80. This trade represents a 1.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ric Smith sold 41,170 shares of the business's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $23.98, for a total value of $987,256.60. Following the sale, the insider now owns 531,459 shares of the company's stock, valued at $12,744,386.82. The trade was a 7.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 286,699 shares of company stock worth $6,712,815. 5.60% of the stock is owned by corporate insiders.

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.