SentinelOne, Inc. (NYSE:S – Get Rating) major shareholder Daniel S. Loeb sold 1,008,296 shares of the company’s stock in a transaction that occurred on Monday, April 11th. The stock was sold at an average price of $34.35, for a total transaction of $34,634,967.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
NYSE S traded up $0.03 during trading hours on Monday, reaching $34.05. The company had a trading volume of 5,113,967 shares, compared to its average volume of 4,730,943. The firm has a 50-day moving average price of $39.55. SentinelOne, Inc. has a 1-year low of $29.30 and a 1-year high of $78.53.
SentinelOne (NYSE:S – Get Rating) last released its earnings results on Tuesday, March 15th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.01. The company had revenue of $65.60 million during the quarter, compared to the consensus estimate of $60.69 million. SentinelOne had a negative return on equity of 22.36% and a negative net margin of 132.37%. SentinelOne’s quarterly revenue was up 119.4% compared to the same quarter last year. During the same quarter last year, the company earned ($1.00) earnings per share. On average, equities research analysts anticipate that SentinelOne, Inc. will post -1.14 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its holdings in shares of SentinelOne by 27.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,298 shares of the company’s stock valued at $65,000 after acquiring an additional 283 shares during the last quarter. Victory Capital Management Inc. raised its position in SentinelOne by 2.6% during the fourth quarter. Victory Capital Management Inc. now owns 16,332 shares of the company’s stock valued at $825,000 after buying an additional 409 shares during the period. CIBC Asset Management Inc raised its position in SentinelOne by 4.7% during the fourth quarter. CIBC Asset Management Inc now owns 10,714 shares of the company’s stock valued at $541,000 after buying an additional 485 shares during the period. Corsicana & Co. acquired a new position in SentinelOne in the 4th quarter worth about $25,000. Finally, Evoke Wealth LLC acquired a new position in SentinelOne in the 4th quarter worth about $29,000. 59.88% of the stock is currently owned by institutional investors and hedge funds.
About SentinelOne (Get Rating)
SentinelOne, Inc operates as a cybersecurity provider in the United States. Its Singularity Platform delivers artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, and cloud workloads, enabling seamless and automatic protection against a spectrum of cyber threats.
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