Banco Santander S.A. Grows Stock Position in SentinelOne, Inc. (NYSE:S)

Banco Santander S.A. boosted its holdings in SentinelOne, Inc. (NYSE:S) by 7.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 225,656 shares of the company’s stock after buying an additional 16,544 shares during the period. Banco Santander S.A. owned 0.07% of SentinelOne worth $5,010,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in S. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of SentinelOne by 7.5% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 26,549 shares of the company’s stock valued at $650,000 after buying an additional 1,854 shares during the period. Raymond James Financial Inc. acquired a new position in SentinelOne in the fourth quarter valued at $26,082,000. Arizona State Retirement System grew its position in SentinelOne by 2.4% during the fourth quarter. Arizona State Retirement System now owns 80,324 shares of the company’s stock valued at $1,783,000 after acquiring an additional 1,909 shares during the period. Proficio Capital Partners LLC acquired a new stake in SentinelOne during the fourth quarter worth about $257,000. Finally, M&T Bank Corp increased its stake in SentinelOne by 71.7% during the fourth quarter. M&T Bank Corp now owns 25,045 shares of the company’s stock worth $555,000 after acquiring an additional 10,462 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Insider Activity

In other SentinelOne news, insider Ric Smith sold 41,170 shares of the firm’s stock in a transaction 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 directly owns 531,459 shares in the company, valued at approximately $12,744,386.82. This trade represents a 7.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Tomer Weingarten sold 39,477 shares of the company’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total transaction of $771,775.35. Following the transaction, the chief executive officer now owns 900,249 shares of the company’s stock, valued at $17,599,867.95. This represents a 4.20 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 437,968 shares of company stock valued at $10,020,586. Company insiders own 5.60% of the company’s stock.

SentinelOne Trading Down 0.3 %

Shares of S opened at $19.84 on Friday. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The firm has a market cap of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78. The stock has a 50 day moving average of $22.65 and a 200-day moving average of $24.19.

SentinelOne (NYSE:S) last released 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). The business had revenue of $210.60 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.21) EPS. On average, sell-side analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Cantor Fitzgerald started coverage on shares of SentinelOne in a research report on Thursday, January 9th. They set an “overweight” rating and a $30.00 target price for the company. Robert W. Baird increased their price objective on shares of SentinelOne from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Needham & Company LLC restated a “buy” rating and set a $32.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Susquehanna upped their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research report on Thursday, December 5th. Finally, Jefferies Financial Group raised SentinelOne from a “hold” rating to a “buy” rating and raised their price objective for the company 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 assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.