Ceera Investments LLC Sells 7,225 Shares of SentinelOne, Inc. (NYSE:S)

Ceera Investments LLC decreased its position in SentinelOne, Inc. (NYSE:S) by 4.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 151,345 shares of the company’s stock after selling 7,225 shares during the period. Ceera Investments LLC’s holdings in SentinelOne were worth $3,360,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Champlain Investment Partners LLC acquired a new position in shares of SentinelOne during the 3rd quarter worth approximately $80,604,000. Sylebra Capital LLC increased its position in shares of SentinelOne by 33.7% during the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after purchasing an additional 2,282,980 shares during the last quarter. Atreides Management LP increased its position in shares of SentinelOne by 137.3% during the 3rd quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after purchasing an additional 2,200,594 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of SentinelOne during the 4th quarter worth approximately $26,082,000. Finally, Wellington Management Group LLP acquired a new position in shares of SentinelOne during the 3rd quarter worth approximately $27,000,000. Institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on S. Scotiabank boosted their price target on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 5th. Oppenheimer started coverage on SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price target on the stock. Morgan Stanley decreased their target price on SentinelOne from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 19th. Barclays decreased their target price on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, December 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $32.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Seven 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 company’s stock. Based on data from MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and an average price target of $29.48.

SentinelOne Trading Down 0.3 %

Shares of S stock opened at $19.84 on Friday. The business’s 50-day moving average price is $22.65 and its 200-day moving average price is $24.19. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same period in the previous year, the business posted ($0.21) earnings per share. The business’s revenue for the quarter was up 28.3% compared to the same quarter last year. On average, sell-side analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Insider Transactions at SentinelOne

In other news, CAO Robin Tomasello sold 6,378 shares of the firm’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total transaction of $124,689.90. Following the completion of the transaction, the chief accounting officer now directly owns 230,685 shares in the company, valued at $4,509,891.75. This trade represents a 2.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Tomer Weingarten sold 82,116 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now owns 959,682 shares of the company’s stock, valued at $22,658,092.02. This trade represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 437,968 shares of company stock worth $10,020,586 over the last ninety days. 5.60% of the stock is owned by 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.