Diversified Trust Co Purchases 13,686 Shares of SentinelOne, Inc. (NYSE:S)

Diversified Trust Co lifted its position in shares of SentinelOne, Inc. (NYSE:S) by 40.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,487 shares of the company’s stock after purchasing an additional 13,686 shares during the period. Diversified Trust Co’s holdings in SentinelOne were worth $1,054,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its position in shares of SentinelOne by 43.4% in the second quarter. Commonwealth Equity Services LLC now owns 38,991 shares of the company’s stock valued at $821,000 after acquiring an additional 11,800 shares during the period. National Bank of Canada FI boosted its position in shares of SentinelOne by 92.7% in the second quarter. National Bank of Canada FI now owns 4,158 shares of the company’s stock valued at $85,000 after acquiring an additional 2,000 shares during the period. Victory Capital Management Inc. boosted its position in shares of SentinelOne by 12.7% in the second quarter. Victory Capital Management Inc. now owns 33,944 shares of the company’s stock valued at $715,000 after acquiring an additional 3,836 shares during the period. Arizona State Retirement System boosted its position in shares of SentinelOne by 16.2% in the second quarter. Arizona State Retirement System now owns 75,491 shares of the company’s stock valued at $1,589,000 after acquiring an additional 10,547 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of SentinelOne by 3.6% in the second quarter. American Century Companies Inc. now owns 42,646 shares of the company’s stock valued at $898,000 after acquiring an additional 1,470 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Guggenheim reissued a “buy” rating and issued a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Sanford C. Bernstein cut their price objective on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $25.00 to $32.00 in a research report on Monday, October 14th. Susquehanna upped their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research report on Thursday, December 5th. Finally, Westpark Capital reaffirmed a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $29.44.

SentinelOne Price Performance

SentinelOne stock opened at $22.55 on Thursday. The business has a 50 day moving average of $25.24 and a 200-day moving average of $23.83. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The company has a market capitalization of $7.25 billion, a P/E ratio of -23.99 and a beta of 0.74.

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

Insider Activity

In other SentinelOne news, CEO Tomer Weingarten sold 70,655 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were 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 owns 1,019,541 shares of the company’s stock, valued at approximately $28,169,917.83. This represents a 6.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ric Smith sold 14,583 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $26.28, for a total transaction of $383,241.24. Following the sale, the insider now directly owns 585,647 shares of the company’s stock, valued at $15,390,803.16. This represents a 2.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 358,135 shares of company stock valued at $8,757,911 over the last quarter. 5.60% of the stock is owned by company insiders.

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.