Vontobel Holding Ltd. Cuts Stock Position in SentinelOne, Inc. (NYSE:S)

Vontobel Holding Ltd. trimmed its holdings in SentinelOne, Inc. (NYSE:S) by 13.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 727,092 shares of the company’s stock after selling 111,983 shares during the period. Vontobel Holding Ltd. owned about 0.23% of SentinelOne worth $17,392,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in SentinelOne by 7.2% during the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock valued at $586,456,000 after acquiring an additional 1,694,407 shares in the last quarter. Eminence Capital LP boosted its holdings in shares of SentinelOne by 24.2% during the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after purchasing an additional 1,337,145 shares during the last quarter. Sylebra Capital LLC grew its position in shares of SentinelOne by 10.5% during the second quarter. Sylebra Capital LLC now owns 6,765,974 shares of the company’s stock valued at $142,424,000 after purchasing an additional 643,097 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of SentinelOne by 19.2% in the second quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company’s stock worth $77,299,000 after purchasing an additional 590,628 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of SentinelOne by 0.8% in the second quarter. Clearbridge Investments LLC now owns 2,630,615 shares of the company’s stock worth $55,374,000 after buying an additional 20,600 shares in the last quarter. Institutional investors own 90.87% of the company’s stock.

Insider Activity

In related news, insider Ric Smith sold 14,583 shares of the firm’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $23.54, for a total transaction of $343,283.82. Following the sale, the insider now owns 639,834 shares of the company’s stock, valued at $15,061,692.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CEO Tomer Weingarten sold 10,165 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $20.56, for a total transaction of $208,992.40. Following the completion of the sale, the chief executive officer now owns 1,109,147 shares in the company, valued at approximately $22,804,062.32. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ric Smith sold 14,583 shares of the business’s stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $23.54, for a total value of $343,283.82. Following the transaction, the insider now owns 639,834 shares in the company, valued at approximately $15,061,692.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 489,850 shares of company stock worth $11,034,964. 5.60% of the stock is currently owned by company insiders.

SentinelOne Price Performance

NYSE:S opened at $25.99 on Thursday. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76. The company has a 50-day moving average of $23.74 and a 200 day moving average of $21.80. The firm has a market cap of $8.13 billion, a PE ratio of -25.48 and a beta of 0.67.

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

Wall Street Analyst Weigh In

Several research firms have weighed in on S. Barclays raised their price target on SentinelOne from $26.00 to $28.00 and gave the company an “equal weight” rating in a report on Wednesday, August 28th. Citigroup boosted their price target on shares of SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 28th. BTIG Research increased their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. Piper Sandler upgraded shares of SentinelOne from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $25.00 to $32.00 in a report on Monday. Finally, Wells Fargo & Company increased their price target on shares of SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $28.00.

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.