Stifel Financial Corp Sells 10,372 Shares of SentinelOne, Inc. (NYSE:S)

Stifel Financial Corp lessened its position in SentinelOne, Inc. (NYSE:S) by 3.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 333,433 shares of the company’s stock after selling 10,372 shares during the quarter. Stifel Financial Corp owned 0.11% of SentinelOne worth $7,976,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of SentinelOne by 220.6% in the 2nd quarter. CWM LLC now owns 5,720 shares of the company’s stock valued at $120,000 after purchasing an additional 3,936 shares in the last quarter. Swedbank AB grew its stake in shares of SentinelOne by 11.1% during the second quarter. Swedbank AB now owns 2,000,000 shares of the company’s stock valued at $42,100,000 after buying an additional 200,000 shares during the last quarter. Blue Trust Inc. purchased a new position in shares of SentinelOne in the second quarter worth about $27,000. Raymond James & Associates lifted its stake in shares of SentinelOne by 22.6% in the 2nd quarter. Raymond James & Associates now owns 308,226 shares of the company’s stock valued at $6,488,000 after acquiring an additional 56,888 shares during the last quarter. Finally, Liberty One Investment Management LLC boosted its holdings in SentinelOne by 23.2% during the 2nd quarter. Liberty One Investment Management LLC now owns 8,912 shares of the company’s stock valued at $188,000 after acquiring an additional 1,678 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $23.42, for a total transaction of $1,425,434.88. Following the sale, the chief executive officer now owns 1,039,497 shares in the company, valued at approximately $24,345,019.74. The trade was a 5.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $24.20, for a total transaction of $352,908.60. Following the transaction, the insider now owns 585,647 shares in the company, valued at $14,172,657.40. The trade was a 2.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 276,019 shares of company stock worth $6,990,023 in the last ninety days. 5.60% of the stock is owned by company insiders.

SentinelOne Price Performance

NYSE:S opened at $24.02 on Friday. The company has a market cap of $7.62 billion, a price-to-earnings ratio of -25.55 and a beta of 0.67. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76. The stock’s 50 day simple moving average is $26.36 and its two-hundred day simple moving average is $23.21.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm had revenue of $210.60 million for the quarter, compared to analysts’ expectations of $209.73 million. During the same period in the previous year, the firm earned ($0.21) earnings per share. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. As a group, analysts anticipate that SentinelOne, Inc. will post -0.73 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Guggenheim restated a “buy” rating and set a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Loop Capital raised their price target on SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Wedbush raised shares of SentinelOne to a “strong-buy” rating in a research report on Thursday, October 17th. BTIG Research raised their target price on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, August 28th. Finally, Barclays reduced their price target on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $29.42.

About SentinelOne

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.