Strs Ohio Buys New Position in SentinelOne, Inc. (NYSE:S)

Strs Ohio purchased a new position in shares of SentinelOne, Inc. (NYSE:S) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 29,700 shares of the company’s stock, valued at approximately $814,000.

Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of SentinelOne by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 22,982,235 shares of the company’s stock worth $387,480,000 after buying an additional 442,593 shares in the last quarter. Caprock Group LLC raised its holdings in shares of SentinelOne by 96.5% during the 4th quarter. Caprock Group LLC now owns 193,891 shares of the company’s stock worth $5,320,000 after buying an additional 95,206 shares in the last quarter. Legato Capital Management LLC increased its holdings in SentinelOne by 79.7% in the 4th quarter. Legato Capital Management LLC now owns 27,976 shares of the company’s stock worth $768,000 after purchasing an additional 12,407 shares in the last quarter. Stifel Financial Corp increased its holdings in SentinelOne by 29.1% in the 3rd quarter. Stifel Financial Corp now owns 329,951 shares of the company’s stock worth $5,563,000 after purchasing an additional 74,378 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in SentinelOne by 5.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,554,020 shares of the company’s stock worth $26,201,000 after purchasing an additional 74,118 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on S. Citigroup upped their price target on SentinelOne from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, January 10th. DA Davidson upped their target price on SentinelOne from $22.00 to $24.00 and gave the company a “neutral” rating in a research report on Thursday, March 14th. The Goldman Sachs Group upped their target price on SentinelOne from $19.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, February 21st. Bank of America upgraded SentinelOne from a “neutral” rating to a “buy” rating and upped their target price for the company from $26.50 to $35.00 in a research report on Wednesday, February 14th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $33.00 price target on shares of SentinelOne in a report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, SentinelOne currently has an average rating of “Hold” and an average target price of $26.08.

SentinelOne Trading Up 1.8 %

S stock opened at $21.57 on Thursday. The business’s 50 day moving average price is $24.56 and its two-hundred day moving average price is $22.89. SentinelOne, Inc. has a fifty-two week low of $12.43 and a fifty-two week high of $30.76.

SentinelOne (NYSE:S) last announced its earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. The company had revenue of $174.18 million for the quarter, compared to analysts’ expectations of $169.40 million. During the same period last year, the firm earned ($0.30) EPS. SentinelOne’s revenue for the quarter was up 38.1% compared to the same quarter last year. Equities research analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Robin Tomasello sold 4,001 shares of SentinelOne stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $27.25, for a total value of $109,027.25. Following the completion of the transaction, the chief accounting officer now owns 203,196 shares in the company, valued at $5,537,091. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other SentinelOne news, CEO Tomer Weingarten sold 69,427 shares of SentinelOne stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $27.09, for a total value of $1,880,777.43. Following the transaction, the chief executive officer now directly owns 1,285,122 shares of the company’s stock, valued at $34,813,954.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Robin Tomasello sold 4,001 shares of SentinelOne stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $27.25, for a total transaction of $109,027.25. Following the completion of the transaction, the chief accounting officer now directly owns 203,196 shares in the company, valued at $5,537,091. The disclosure for this sale can be found here. Insiders sold a total of 296,833 shares of company stock worth $7,717,085 over the last 90 days. Corporate insiders own 5.93% 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.