Y.D. More Investments Ltd Has $901,000 Stock Holdings in SentinelOne, Inc. (NYSE:S)

Y.D. More Investments Ltd lifted its stake in shares of SentinelOne, Inc. (NYSE:S) by 27.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,780 shares of the company’s stock after purchasing an additional 9,202 shares during the period. Y.D. More Investments Ltd’s holdings in SentinelOne were worth $901,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. American Century Companies Inc. boosted its holdings in shares of SentinelOne by 3.6% during the second quarter. American Century Companies Inc. now owns 42,646 shares of the company’s stock worth $898,000 after acquiring an additional 1,470 shares during the period. Malaga Cove Capital LLC bought a new stake in SentinelOne in the 2nd quarter valued at $679,000. Arizona State Retirement System grew its holdings in SentinelOne by 16.2% in the 2nd quarter. Arizona State Retirement System now owns 75,491 shares of the company’s stock valued at $1,589,000 after buying an additional 10,547 shares in the last quarter. Victory Capital Management Inc. increased its position in SentinelOne by 12.7% during the 2nd quarter. Victory Capital Management Inc. now owns 33,944 shares of the company’s stock worth $715,000 after buying an additional 3,836 shares during the period. Finally, National Bank of Canada FI lifted its holdings in shares of SentinelOne by 92.7% during the second quarter. National Bank of Canada FI now owns 4,158 shares of the company’s stock worth $85,000 after buying an additional 2,000 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on S shares. UBS Group dropped their price objective on shares of SentinelOne from $29.00 to $27.00 and set a “buy” rating for the company in a research note on Friday, May 31st. BTIG Research upped their target price on SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Robert W. Baird lifted their price target on SentinelOne from $25.00 to $29.00 and gave the company an “outperform” rating in a research note on Monday, August 26th. Baird R W raised SentinelOne to a “strong-buy” rating in a report on Monday, July 15th. Finally, Canaccord Genuity Group raised SentinelOne from a “hold” rating to a “buy” rating and reduced their price objective for the company from $28.00 to $23.00 in a research note on Tuesday, June 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.96.

SentinelOne Trading Up 1.2 %

Shares of SentinelOne stock opened at $21.91 on Thursday. The company has a market cap of $6.95 billion, a P/E ratio of -21.48 and a beta of 0.67. The business has a 50-day moving average price of $22.34 and a two-hundred day moving average price of $21.98. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $30.76.

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

Insider Transactions at SentinelOne

In other news, insider Ric Smith sold 99,502 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $20.10, for a total transaction of $1,999,990.20. Following the transaction, the insider now directly owns 639,834 shares of the company’s stock, valued at $12,860,663.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $20.54, for a total transaction of $1,250,146.56. Following the transaction, the chief executive officer now directly owns 1,119,312 shares in the company, valued at approximately $22,990,668.48. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ric Smith sold 99,502 shares of the company’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $20.10, for a total transaction of $1,999,990.20. Following the completion of the sale, the insider now owns 639,834 shares of the company’s stock, valued at approximately $12,860,663.40. The disclosure for this sale can be found here. Insiders have sold 481,431 shares of company stock valued at $10,281,703 in the last 90 days. 5.60% of the stock is currently owned by corporate 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.