SentinelOne, Inc. (NYSE:S) Shares Sold by Robocap Asset Management Ltd

Robocap Asset Management Ltd trimmed its holdings in SentinelOne, Inc. (NYSE:S) by 27.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,748 shares of the company’s stock after selling 66,221 shares during the quarter. SentinelOne comprises approximately 2.6% of Robocap Asset Management Ltd’s portfolio, making the stock its 18th largest holding. Robocap Asset Management Ltd owned approximately 0.05% of SentinelOne worth $3,902,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Waldron Private Wealth LLC purchased a new stake in SentinelOne during the 3rd quarter worth about $26,000. Crewe Advisors LLC purchased a new position in SentinelOne in the 4th quarter valued at $33,000. Modus Advisors LLC acquired a new position in SentinelOne in the 4th quarter valued at $48,000. Capital Performance Advisors LLP purchased a new stake in SentinelOne in the 3rd quarter valued at approximately $55,000. Finally, Blue Trust Inc. increased its position in 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. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

SentinelOne Stock Up 0.4 %

Shares of S stock opened at $23.93 on Friday. The company has a market cap of $7.69 billion, a PE ratio of -25.45 and a beta of 0.75. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The business’s 50 day moving average is $23.41 and its two-hundred day moving average is $24.20.

SentinelOne (NYSE:S) last released its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.22). The company had revenue of $210.60 million during the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm’s quarterly revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.21) EPS. As a group, equities analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on S. Robert W. Baird lifted their price target on SentinelOne from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Monday, December 2nd. Wedbush upgraded shares of SentinelOne to a “strong-buy” rating in a research report on Thursday, October 17th. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $25.00 to $32.00 in a research note on Monday, October 14th. Sanford C. Bernstein lowered their price target on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Finally, Oppenheimer began coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price on the stock. Seven equities 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.56.

Insider Activity

In related news, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction on 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 transaction, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tomer Weingarten sold 70,655 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following the completion of the sale, the chief executive officer now directly owns 1,019,541 shares in the company, valued at approximately $28,169,917.83. This represents a 6.48 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 357,354 shares of company stock worth $8,665,013. Insiders own 5.60% of the company’s stock.

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.