Blue Trust Inc. Has $57,000 Holdings in SentinelOne, Inc. (NYSE:S)

Blue Trust Inc. lifted its stake in shares of SentinelOne, Inc. (NYSE:S) by 105.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,378 shares of the company’s stock after purchasing an additional 1,223 shares during the period. Blue Trust Inc.’s holdings in SentinelOne were worth $57,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of S. Stonegate Investment Group LLC boosted its holdings in SentinelOne by 29.0% in the third quarter. Stonegate Investment Group LLC now owns 64,514 shares of the company’s stock valued at $1,543,000 after acquiring an additional 14,514 shares during the last quarter. Bleakley Financial Group LLC bought a new position in shares of SentinelOne in the 3rd quarter valued at about $204,000. Swedbank AB grew its position in shares of SentinelOne by 25.0% during the 3rd quarter. Swedbank AB now owns 2,500,000 shares of the company’s stock worth $59,800,000 after buying an additional 500,000 shares during the period. Wedmont Private Capital grew its position in shares of SentinelOne by 12.7% during the 3rd quarter. Wedmont Private Capital now owns 12,728 shares of the company’s stock worth $296,000 after buying an additional 1,439 shares during the period. Finally, CWM LLC raised its stake in shares of SentinelOne by 391.5% during the third quarter. CWM LLC now owns 28,114 shares of the company’s stock worth $672,000 after buying an additional 22,394 shares during the last quarter. 90.87% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Morgan Stanley raised their target price on SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. Loop Capital boosted their price objective on shares of SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, August 28th. Citigroup increased their target price on shares of SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, August 28th. Westpark Capital reissued a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a report on Monday, August 26th. Finally, Robert W. Baird upped their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $28.60.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 82,116 shares of SentinelOne stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $21.60, for a total value of $1,773,705.60. Following the completion of the transaction, the chief executive officer now directly owns 1,039,497 shares of the company’s stock, valued at $22,453,135.20. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $26.28, for a total value of $383,241.24. Following the transaction, the insider now directly owns 585,647 shares of the company’s stock, valued at $15,390,803.16. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Tomer Weingarten sold 82,116 shares of the company’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $21.60, for a total value of $1,773,705.60. Following the sale, the chief executive officer now owns 1,039,497 shares of the company’s stock, valued at $22,453,135.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 489,850 shares of company stock valued at $11,074,922 in the last quarter. Company insiders own 5.60% of the company’s stock.

SentinelOne Price Performance

NYSE:S opened at $25.79 on Friday. The firm’s fifty day moving average price is $24.41 and its two-hundred day moving average price is $22.06. The company has a market cap of $8.18 billion, a P/E ratio of -27.73 and a beta of 0.67. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76.

SentinelOne (NYSE:S) last posted its earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. The company had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.26) earnings per share. As a group, equities research analysts expect that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

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.