Brooklyn FI LLC Has $509,000 Position in SentinelOne, Inc. (NYSE:S)

Brooklyn FI LLC lowered its holdings in shares of SentinelOne, Inc. (NYSE:S) by 45.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,839 shares of the company’s stock after selling 17,984 shares during the period. Brooklyn FI LLC’s holdings in SentinelOne were worth $509,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Rhumbline Advisers lifted its holdings in shares of SentinelOne by 12.2% during the third quarter. Rhumbline Advisers now owns 247,315 shares of the company’s stock valued at $4,170,000 after acquiring an additional 26,896 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of SentinelOne by 17.8% during the third quarter. PNC Financial Services Group Inc. now owns 23,696 shares of the company’s stock valued at $400,000 after acquiring an additional 3,581 shares during the period. Acadian Asset Management LLC bought a new position in shares of SentinelOne during the third quarter valued at $38,000. Stifel Financial Corp raised its holdings in shares of SentinelOne by 29.1% in the third quarter. Stifel Financial Corp now owns 329,951 shares of the company’s stock valued at $5,563,000 after buying an additional 74,378 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of SentinelOne by 6.8% in the third quarter. Northern Trust Corp now owns 1,428,654 shares of the company’s stock valued at $24,087,000 after buying an additional 91,095 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insiders Place Their Bets

In related news, major shareholder Insight Holdings Group, Llc sold 8,566 shares of SentinelOne stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $23.10, for a total transaction of $197,874.60. Following the transaction, the insider now owns 5,025 shares of the company’s stock, valued at $116,077.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other SentinelOne news, major shareholder Insight Holdings Group, Llc sold 8,566 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $23.10, for a total value of $197,874.60. Following the sale, the insider now directly owns 5,025 shares in the company, valued at $116,077.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ric Smith sold 24,467 shares of the business’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $17.30, for a total value of $423,279.10. Following the completion of the sale, the insider now owns 666,419 shares in the company, valued at $11,529,048.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 507,065 shares of company stock worth $10,055,772. 5.60% of the stock is owned by corporate insiders.

SentinelOne Stock Performance

S traded up $0.31 during trading hours on Friday, reaching $21.05. The company’s stock had a trading volume of 7,794,034 shares, compared to its average volume of 6,221,495. The company’s 50-day moving average is $20.11 and its 200-day moving average is $23.66. The firm has a market cap of $6.59 billion, a PE ratio of -20.64 and a beta of 0.59. SentinelOne, Inc. has a 52 week low of $13.87 and a 52 week high of $30.76.

SentinelOne (NYSE:S) last posted its earnings results on Thursday, May 30th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.18). SentinelOne had a negative net margin of 44.79% and a negative return on equity of 16.48%. The firm had revenue of $186.36 million during the quarter, compared to the consensus estimate of $181.11 million. During the same quarter in the prior year, the business posted ($0.35) earnings per share. SentinelOne’s revenue for the quarter was up 39.7% compared to the same quarter last year. Equities analysts anticipate that SentinelOne, Inc. will post -0.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

S has been the subject of a number of research analyst reports. Susquehanna cut their price target on SentinelOne from $35.00 to $22.00 and set a “positive” rating for the company in a report on Friday, May 31st. Wells Fargo & Company dropped their price objective on SentinelOne from $26.00 to $19.00 and set an “equal weight” rating for the company in a report on Friday, May 31st. Morgan Stanley decreased their target price on SentinelOne from $29.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, May 31st. Canaccord Genuity Group upgraded SentinelOne from a “hold” rating to a “buy” rating and decreased their target price for the stock from $28.00 to $23.00 in a research report on Tuesday, June 4th. Finally, BTIG Research decreased their target price on SentinelOne from $30.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, May 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $24.48.

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.