Swiss National Bank Sells 1,300 Shares of SentinelOne, Inc. (NYSE:S)

Swiss National Bank decreased its holdings in SentinelOne, Inc. (NYSE:S) by 0.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 543,100 shares of the company’s stock after selling 1,300 shares during the quarter. Swiss National Bank owned approximately 0.16% of SentinelOne worth $9,874,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Deutsche Bank AG lifted its holdings in SentinelOne by 3.0% in the first quarter. Deutsche Bank AG now owns 900,381 shares of the company’s stock valued at $16,369,000 after buying an additional 26,528 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in SentinelOne by 0.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,648,740 shares of the company’s stock valued at $48,154,000 after buying an additional 10,543 shares during the period. Vanguard Group Inc. lifted its holdings in SentinelOne by 4.4% in the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock valued at $567,214,000 after buying an additional 1,318,533 shares during the period. Maxi Investments CY Ltd lifted its holdings in SentinelOne by 102.1% in the first quarter. Maxi Investments CY Ltd now owns 121,550 shares of the company’s stock valued at $2,210,000 after buying an additional 61,400 shares during the period. Finally, Probity Advisors Inc. acquired a new position in SentinelOne in the first quarter valued at $216,000. Institutional investors own 90.87% of the company’s stock.

Insider Activity

In other SentinelOne news, insider Ric Smith sold 15,163 shares of the company’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $16.68, for a total value of $252,918.84. Following the completion of the sale, the insider directly owned 976,056 shares of the company’s stock, valued at approximately $16,280,614.08. This represents a 1.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Tomer Weingarten sold 31,916 shares of the company’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $17.31, for a total transaction of $552,465.96. Following the completion of the sale, the chief executive officer directly owned 1,500,460 shares of the company’s stock, valued at $25,972,962.60. The trade was a 2.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 133,730 shares of company stock valued at $2,366,017. 4.33% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

S has been the topic of several recent analyst reports. Rosenblatt Securities initiated coverage on shares of SentinelOne in a report on Friday, July 18th. They issued a “buy” rating and a $24.00 target price on the stock. Wells Fargo & Company restated an “equal weight” rating and issued a $18.00 target price (down previously from $22.00) on shares of SentinelOne in a report on Thursday, May 29th. Westpark Capital dropped their target price on shares of SentinelOne from $31.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, May 29th. Barclays dropped their target price on shares of SentinelOne from $21.00 to $19.00 and set an “equal weight” rating on the stock in a report on Thursday, May 29th. Finally, Sanford C. Bernstein dropped their price objective on shares of SentinelOne from $27.00 to $25.00 and set an “outperform” rating on the stock in a report on Thursday, May 29th. Ten equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.80.

SentinelOne Price Performance

S opened at $16.80 on Friday. SentinelOne, Inc. has a fifty-two week low of $15.36 and a fifty-two week high of $29.29. The firm has a market capitalization of $5.59 billion, a PE ratio of -12.73 and a beta of 0.77. The company’s 50-day moving average is $17.93 and its 200 day moving average is $19.15.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Wednesday, May 28th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. SentinelOne had a negative net margin of 49.36% and a negative return on equity of 15.95%. The business had revenue of $229.03 million during the quarter, compared to the consensus estimate of $228.39 million. The firm’s revenue was up 22.9% compared to the same quarter last year. As a group, analysts expect that SentinelOne, Inc. will post -0.76 EPS for the current year.

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.