Crewe Advisors LLC Takes Position in SentinelOne, Inc. (NYSE:S)

Crewe Advisors LLC bought a new position in SentinelOne, Inc. (NYSE:S) during the fourth quarter, Holdings Channel reports. The firm bought 1,465 shares of the company’s stock, valued at approximately $33,000.

A number of other hedge funds also recently made changes to their positions in the company. Sylebra Capital LLC lifted its position in shares of SentinelOne by 33.7% in the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after buying an additional 2,282,980 shares in the last quarter. State Street Corp lifted its position in shares of SentinelOne by 11.3% in the third quarter. State Street Corp now owns 5,072,097 shares of the company’s stock worth $121,325,000 after buying an additional 516,244 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of SentinelOne by 8.6% in the third quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company’s stock worth $107,326,000 after buying an additional 355,944 shares in the last quarter. Atreides Management LP lifted its position in shares of SentinelOne by 137.3% in the third quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after buying an additional 2,200,594 shares in the last quarter. Finally, Champlain Investment Partners LLC purchased a new stake in shares of SentinelOne in the third quarter worth about $80,604,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other SentinelOne news, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $23.29, for a total transaction of $339,638.07. Following the completion of the sale, the insider now owns 531,459 shares in the company, valued at $12,377,680.11. This represents a 2.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tomer Weingarten sold 82,116 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total value of $1,938,758.76. Following the sale, the chief executive officer now owns 959,682 shares of the company’s stock, valued at approximately $22,658,092.02. This represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 344,835 shares of company stock worth $8,365,183 over the last 90 days. Company insiders own 5.60% of the company’s stock.

SentinelOne Stock Down 1.1 %

Shares of NYSE:S opened at $23.84 on Friday. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $30.76. The stock has a market cap of $7.66 billion, a P/E ratio of -25.36 and a beta of 0.75. The business’s 50 day moving average is $23.49 and its 200 day moving average is $24.19.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (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 during the quarter, compared to the consensus estimate of $209.73 million. During the same period last 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. On average, sell-side analysts anticipate that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Scotiabank boosted their target price on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft raised SentinelOne from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $25.00 to $32.00 in a research note on Tuesday, November 12th. Morgan Stanley reissued an “equal weight” rating and set a $29.00 price objective on shares of SentinelOne in a research note on Monday, December 2nd. Westpark Capital reissued a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research note on Tuesday, December 3rd. Finally, Guggenheim reissued a “buy” rating and set a $31.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $29.56.

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.