SentinelOne, Inc. (NYSE:S) Shares Sold by Brooklyn FI LLC

Brooklyn FI LLC lessened its stake in shares of SentinelOne, Inc. (NYSE:S) by 35.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,000 shares of the company’s stock after selling 5,000 shares during the quarter. Brooklyn FI LLC’s holdings in SentinelOne were worth $215,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sycomore Asset Management lifted its stake in SentinelOne by 40.4% during the 2nd quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock worth $5,537,000 after acquiring an additional 83,060 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT purchased a new stake in SentinelOne during the 3rd quarter worth approximately $2,392,000. Eminence Capital LP lifted its holdings in SentinelOne by 24.2% during the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock worth $144,282,000 after buying an additional 1,337,145 shares in the last quarter. Andar Capital Management HK Ltd purchased a new position in SentinelOne in the 2nd quarter valued at approximately $4,736,000. Finally, Hood River Capital Management LLC acquired a new position in shares of SentinelOne in the second quarter worth $4,060,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Stock Performance

Shares of SentinelOne stock opened at $26.01 on Friday. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $30.76. The company has a market cap of $8.25 billion, a P/E ratio of -27.97 and a beta of 0.65. The firm has a fifty day moving average of $24.45 and a two-hundred day moving average of $22.13.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on S shares. Wells Fargo & Company lifted their target price on SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th. Morgan Stanley boosted their price objective on SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 28th. Wedbush raised shares of SentinelOne to a “strong-buy” rating in a report on Thursday, October 17th. Citigroup boosted their price target on shares of SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, August 28th. Finally, Susquehanna raised their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have given a buy rating and three have given a strong buy rating to the company. According to 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 news, insider Ric Smith sold 14,583 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $26.28, for a total value of $383,241.24. Following the completion of the transaction, the insider now owns 585,647 shares in the company, valued at $15,390,803.16. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $25.30, for a total value of $1,539,859.20. Following the completion of the transaction, the chief executive officer now owns 1,039,497 shares in the company, valued at $26,299,274.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction on Friday, October 25th. The stock was 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 489,850 shares of company stock valued at $11,074,922. 5.60% of the stock is owned by company insiders.

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.