Strs Ohio Sells 41,502 Shares of SentinelOne, Inc. $S

Strs Ohio cut its stake in shares of SentinelOne, Inc. (NYSE:S) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 861,967 shares of the company’s stock after selling 41,502 shares during the period. Strs Ohio owned 0.26% of SentinelOne worth $15,179,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in S. Daiwa Securities Group Inc. boosted its holdings in shares of SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after buying an additional 692 shares during the last quarter. Mission Creek Capital Partners Inc. raised its position in SentinelOne by 1.7% during the second quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company’s stock worth $840,000 after acquiring an additional 760 shares in the last quarter. Main Management ETF Advisors LLC lifted its stake in SentinelOne by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company’s stock valued at $857,000 after acquiring an additional 768 shares during the last quarter. Sapience Investments LLC lifted its stake in SentinelOne by 3.7% in the second quarter. Sapience Investments LLC now owns 24,140 shares of the company’s stock valued at $441,000 after acquiring an additional 862 shares during the last quarter. Finally, Moody National Bank Trust Division grew its position in shares of SentinelOne by 8.1% in the 3rd quarter. Moody National Bank Trust Division now owns 11,720 shares of the company’s stock valued at $206,000 after acquiring an additional 880 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Price Performance

Shares of NYSE S opened at $14.30 on Monday. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of -11.44 and a beta of 0.77. The stock’s fifty day moving average price is $15.12 and its two-hundred day moving average price is $16.78. SentinelOne, Inc. has a one year low of $13.46 and a one year high of $25.24.

SentinelOne (NYSE:S) last posted its earnings results on Thursday, December 4th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The company had revenue of $258.91 million during the quarter, compared to the consensus estimate of $256.19 million. During the same quarter last year, the firm earned ($0.25) earnings per share. The company’s revenue was up 22.9% on a year-over-year basis. On average, equities analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Insider Transactions at SentinelOne

In related news, CAO Robin Tomasello sold 8,509 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $14.58, for a total value of $124,061.22. Following the completion of the sale, the chief accounting officer directly owned 285,551 shares in the company, valued at approximately $4,163,333.58. The trade was a 2.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Tomer Weingarten sold 51,595 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $15.12, for a total value of $780,116.40. Following the sale, the chief executive officer directly owned 1,145,608 shares in the company, valued at $17,321,592.96. This represents a 4.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 361,394 shares of company stock worth $5,558,207. Company insiders own 4.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley dropped their target price on shares of SentinelOne from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Friday, December 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SentinelOne in a report on Monday, December 29th. Guggenheim reaffirmed a “buy” rating and issued a $28.00 price objective on shares of SentinelOne in a research report on Friday, December 5th. Cantor Fitzgerald reduced their target price on SentinelOne from $24.00 to $22.00 and set an “overweight” rating for the company in a research note on Monday, November 24th. Finally, Westpark Capital restated a “buy” rating and issued a $25.00 price target on shares of SentinelOne in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $21.90.

SentinelOne Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.