Clal Insurance Enterprises Holdings Ltd Sells 495,868 Shares of SentinelOne, Inc. (NYSE:S)

Clal Insurance Enterprises Holdings Ltd trimmed its holdings in SentinelOne, Inc. (NYSE:S) by 32.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,010,137 shares of the company’s stock after selling 495,868 shares during the period. Clal Insurance Enterprises Holdings Ltd owned 0.31% of SentinelOne worth $22,425,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its stake in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after buying an additional 556 shares during the last quarter. Avion Wealth acquired a new stake in shares of SentinelOne in the fourth quarter worth $28,000. Crewe Advisors LLC acquired a new stake in shares of SentinelOne in the fourth quarter worth $33,000. Arlington Trust Co LLC acquired a new stake in shares of SentinelOne in the fourth quarter worth $33,000. Finally, Modus Advisors LLC acquired a new stake in shares of SentinelOne in the fourth quarter worth $48,000. 90.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on S shares. JPMorgan Chase & Co. boosted their price objective 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. Needham & Company LLC reiterated a “buy” rating and set a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Scotiabank upped their target price on shares of SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, December 5th. Guggenheim reiterated a “buy” rating and set a $31.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Finally, Citigroup cut their target price on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.48.

SentinelOne Stock Performance

S opened at $20.63 on Friday. The firm’s 50-day simple moving average is $22.92 and its 200-day simple moving average is $24.31. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The firm has a market cap of $6.63 billion, a price-to-earnings ratio of -21.94 and a beta of 0.75.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same period in the prior year, the company earned ($0.21) EPS. The firm’s revenue was up 28.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 70,642 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $24.22, for a total transaction of $1,710,949.24. Following the transaction, the chief executive officer now directly owns 939,726 shares in the company, valued at approximately $22,760,163.72. This represents a 6.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ric Smith sold 14,584 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total transaction of $305,680.64. Following the transaction, the insider now owns 529,118 shares in the company, valued at approximately $11,090,313.28. The trade was a 2.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 371,925 shares of company stock worth $8,729,445. 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.