SentinelOne, Inc. (NYSE:S) Stock Position Reduced by Vontobel Holding Ltd.

Vontobel Holding Ltd. reduced its position in SentinelOne, Inc. (NYSE:S - Free Report) by 55.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 323,091 shares of the company's stock after selling 404,001 shares during the quarter. Vontobel Holding Ltd. owned about 0.10% of SentinelOne worth $7,173,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new position in shares of SentinelOne during the 2nd quarter worth $259,000. CWM LLC grew its stake in shares of SentinelOne by 391.5% during the 3rd quarter. CWM LLC now owns 28,114 shares of the company's stock worth $672,000 after purchasing an additional 22,394 shares during the period. Bleakley Financial Group LLC acquired a new position in shares of SentinelOne during the 3rd quarter worth $204,000. Blue Trust Inc. grew its stake in shares of SentinelOne by 105.9% during the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company's stock worth $57,000 after purchasing an additional 1,223 shares during the period. Finally, Raymond James & Associates grew its stake in shares of SentinelOne by 3.4% during the 3rd quarter. Raymond James & Associates now owns 318,798 shares of the company's stock worth $7,626,000 after purchasing an additional 10,572 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Tomer Weingarten sold 70,642 shares of the stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24. Following the completion of the sale, the chief executive officer now owns 939,726 shares in the company, valued at approximately $22,760,163.72. This trade represents a 6.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ric Smith sold 14,583 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $22.75, for a total value of $331,763.25. Following the completion of the sale, the insider now owns 531,459 shares of the company's stock, valued at approximately $12,090,692.25. This trade represents a 2.67 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 357,341 shares of company stock worth $8,423,765. 5.60% of the stock is currently owned by corporate insiders.

SentinelOne Trading Down 5.2 %

NYSE:S traded down $1.27 on Wednesday, hitting $23.08. 6,203,691 shares of the stock were exchanged, compared to its average volume of 3,794,524. The stock has a market cap of $7.42 billion, a PE ratio of -24.55 and a beta of 0.75. The stock has a fifty day moving average of $23.19 and a 200-day moving average of $24.31. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.49.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) 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 firm had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same quarter in the prior year, the company earned ($0.21) earnings per share. The business's revenue was up 28.3% compared to the same quarter last year. As a group, analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on S shares. Sanford C. Bernstein lowered their price target on shares of SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. UBS Group downgraded shares of SentinelOne from a "buy" rating to a "neutral" rating and reduced their price target for the company from $30.00 to $25.00 in a report on Wednesday, January 15th. Barclays reduced their price target on shares of SentinelOne from $30.00 to $28.00 and set an "equal weight" rating on the stock in a report on Thursday, December 5th. Susquehanna boosted 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. Finally, Oppenheimer initiated coverage on SentinelOne in a research report on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 price objective on the stock. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $29.48.

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.