Barclays PLC grew its holdings in SentinelOne, Inc(NYSE:S) by 875.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 325,952 shares of the company's stock after acquiring an additional 292,525 shares during the quarter. Barclays PLC owned 0.12% of SentinelOne worth $8,332,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in S. Envestnet Asset Management Inc. raised its position in SentinelOne by 20.0% during the first quarter. Envestnet Asset Management Inc. now owns 8,643 shares of the company's stock valued at $335,000 after acquiring an additional 1,439 shares in the last quarter. ProShare Advisors LLC purchased a new position in SentinelOne during the first quarter valued at approximately $286,000. Bank of New York Mellon Corp increased its position in shares of SentinelOne by 547.1% in the first quarter. Bank of New York Mellon Corp now owns 478,107 shares of the company's stock valued at $18,521,000 after buying an additional 404,220 shares in the last quarter. Cetera Advisor Networks LLC purchased a new stake in shares of SentinelOne in the first quarter valued at approximately $212,000. Finally, PNC Financial Services Group Inc. purchased a new stake in shares of SentinelOne in the first quarter valued at approximately $108,000. Institutional investors and hedge funds own 79.18% of the company's stock.
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Insider Activity
In other SentinelOne news, CEO Tomer Weingarten sold 10,542 shares of the stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $16.70, for a total value of $176,051.40. Following the sale, the chief executive officer now directly owns 288,677 shares in the company, valued at $4,820,905.90. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Tomer Weingarten sold 10,542 shares of the firm's stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $16.70, for a total transaction of $176,051.40. Following the sale, the chief executive officer now directly owns 288,677 shares in the company, valued at $4,820,905.90. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nicholas Warner sold 5,560 shares of the firm's stock in a transaction on Monday, November 7th. The stock was sold at an average price of $17.91, for a total transaction of $99,579.60. Following the sale, the insider now owns 238,638 shares in the company, valued at $4,274,006.58. The disclosure for this sale can be found here. Insiders have sold 834,020 shares of company stock valued at $13,007,620 over the last three months. 7.48% of the stock is owned by insiders.
SentinelOne Stock Up 1.0 %
Shares of S opened at $14.52 on Friday. The company has a 50-day simple moving average of $14.57 and a 200-day simple moving average of $21.14. SentinelOne, Inc. has a 52 week low of $12.69 and a 52 week high of $48.46.
SentinelOne (NYSE:S) last posted its quarterly earnings results on Tuesday, December 6th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.02. SentinelOne had a negative net margin of 98.61% and a negative return on equity of 20.34%. The firm had revenue of $115.32 million during the quarter, compared to analyst estimates of $111.00 million. During the same quarter in the prior year, the business posted ($0.25) earnings per share. The company's quarterly revenue was up 105.9% compared to the same quarter last year. On average, research analysts anticipate that SentinelOne, Inc. will post -1.41 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research firms have recently commented on S. Cowen cut their price objective on SentinelOne from $45.00 to $35.00 in a research report on Wednesday, December 7th. Citigroup lowered their price target on SentinelOne from $30.00 to $17.00 in a research note on Thursday, December 8th. JPMorgan Chase & Co. assumed coverage on SentinelOne in a research note on Tuesday. They set an "overweight" rating and a $18.00 price objective on the stock. Morgan Stanley lowered SentinelOne from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $30.00 to $16.00 in a research note on Thursday, January 12th. Finally, Wedbush assumed coverage on SentinelOne in a report on Wednesday, December 14th. They issued an "outperform" rating and a $19.00 price objective on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $23.74.
About SentinelOne
SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. The company's Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform.