108,969 Shares in SentinelOne, Inc. (NYSE:S) Purchased by Hamilton Lane Advisors LLC

Hamilton Lane Advisors LLC purchased a new position in SentinelOne, Inc. (NYSE:S) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 108,969 shares of the company’s stock, valued at approximately $2,419,000. SentinelOne makes up 2.3% of Hamilton Lane Advisors LLC’s portfolio, making the stock its 6th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Waldron Private Wealth LLC acquired a new stake in shares of SentinelOne during the 3rd quarter valued at $26,000. Modus Advisors LLC acquired a new stake in shares of SentinelOne during the fourth quarter worth $48,000. Capital Performance Advisors LLP purchased a new stake in shares of SentinelOne during the third quarter valued at $55,000. Blue Trust Inc. boosted its position in shares of SentinelOne by 105.9% in the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after purchasing an additional 1,223 shares during the period. Finally, Huntington National Bank increased its stake in SentinelOne by 287.9% in the 3rd quarter. Huntington National Bank now owns 2,378 shares of the company’s stock worth $57,000 after purchasing an additional 1,765 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Performance

S opened at $21.73 on Thursday. The stock has a 50-day moving average of $24.95 and a 200-day moving average of $23.92. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $30.76.

SentinelOne (NYSE:S) last announced its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same period in the previous year, the company earned ($0.21) EPS. The firm’s revenue for the quarter was up 28.3% compared to the same quarter last year. As a group, equities research analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Insider Activity at SentinelOne

In other news, CEO Tomer Weingarten sold 70,655 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $27.63, for a total value of $1,952,197.65. Following the completion of the sale, the chief executive officer now directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ric Smith sold 14,583 shares of the firm’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $22.75, for a total transaction of $331,763.25. Following the completion of the sale, the insider now owns 531,459 shares in the company, valued at approximately $12,090,692.25. The trade was a 2.67 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 358,135 shares of company stock worth $8,757,911. 5.60% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on S shares. Cantor Fitzgerald started coverage on shares of SentinelOne in a research note on Thursday, January 9th. They set an “overweight” rating and a $30.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on shares of SentinelOne from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, November 29th. UBS Group cut shares of SentinelOne from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $30.00 to $25.00 in a research report on Wednesday. Jefferies Financial Group upgraded SentinelOne from a “hold” rating to a “buy” rating and increased their target price for the company from $27.00 to $30.00 in a report on Thursday, December 19th. Finally, DA Davidson lifted their price target on SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $29.48.

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.