326,269 Shares in SentinelOne, Inc. $S Bought by Caprock Group LLC

Caprock Group LLC bought a new stake in SentinelOne, Inc. (NYSE:S) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 326,269 shares of the company’s stock, valued at approximately $6,153,000. Caprock Group LLC owned about 0.10% of SentinelOne as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in SentinelOne by 37.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,104,931 shares of the company’s stock valued at $56,758,000 after acquiring an additional 853,508 shares in the last quarter. Stephens Investment Management Group LLC grew its position in shares of SentinelOne by 22.3% in the third quarter. Stephens Investment Management Group LLC now owns 2,399,643 shares of the company’s stock valued at $42,258,000 after purchasing an additional 437,724 shares during the last quarter. M & L Capital Management Ltd acquired a new stake in shares of SentinelOne in the third quarter valued at approximately $1,338,000. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in shares of SentinelOne by 40.1% during the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 294,681 shares of the company’s stock worth $5,387,000 after purchasing an additional 84,308 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of SentinelOne during the 2nd quarter worth approximately $4,771,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Insider Transactions at SentinelOne

In related news, insider Keenan Michael Conder sold 4,237 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $13.15, for a total transaction of $55,716.55. Following the completion of the transaction, the insider owned 562,362 shares of the company’s stock, valued at approximately $7,395,060.30. This represents a 0.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Robin Tomasello sold 2,975 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $13.15, for a total transaction of $39,121.25. Following the transaction, the chief accounting officer directly owned 411,034 shares in the company, valued at approximately $5,405,097.10. This represents a 0.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 292,222 shares of company stock valued at $4,317,590 in the last quarter. Insiders own 4.33% of the company’s stock.

SentinelOne Trading Up 4.4%

NYSE S opened at $13.72 on Wednesday. The business’s 50-day moving average price is $14.61 and its 200 day moving average price is $16.40. SentinelOne, Inc. has a twelve month low of $12.43 and a twelve month high of $25.24. The company has a market capitalization of $4.66 billion, a PE ratio of -10.98 and a beta of 0.77.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The company had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same quarter in the previous year, the business earned ($0.25) EPS. The firm’s revenue was up 22.9% on a year-over-year basis. Equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on S shares. Canaccord Genuity Group reduced their target price on SentinelOne from $26.00 to $23.00 and set a “buy” rating on the stock in a research note on Friday, December 5th. Bank of America cut their price target on SentinelOne from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SentinelOne in a research note on Monday, December 29th. Oppenheimer dropped their price objective on SentinelOne from $26.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, December 5th. Finally, Westpark Capital restated a “buy” rating and issued a $25.00 target price on shares of SentinelOne in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.72.

About SentinelOne

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.