Thematics Asset Management Buys 62,757 Shares of SentinelOne, Inc. $S

Thematics Asset Management increased its stake in shares of SentinelOne, Inc. (NYSE:S) by 6.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,029,562 shares of the company’s stock after buying an additional 62,757 shares during the quarter. Thematics Asset Management’s holdings in SentinelOne were worth $18,820,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of SentinelOne by 4.4% during the 1st quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock valued at $567,214,000 after acquiring an additional 1,318,533 shares during the period. Sylebra Capital LLC raised its holdings in shares of SentinelOne by 10.0% in the 1st quarter. Sylebra Capital LLC now owns 10,573,052 shares of the company’s stock worth $192,218,000 after purchasing an additional 959,771 shares during the period. First Trust Advisors LP lifted its stake in SentinelOne by 20.0% in the second quarter. First Trust Advisors LP now owns 9,555,943 shares of the company’s stock valued at $174,683,000 after purchasing an additional 1,589,845 shares during the last quarter. Voya Investment Management LLC grew its holdings in SentinelOne by 2.9% during the first quarter. Voya Investment Management LLC now owns 8,077,074 shares of the company’s stock valued at $146,841,000 after purchasing an additional 229,230 shares during the period. Finally, Legal & General Group Plc grew its holdings in SentinelOne by 17.5% during the second quarter. Legal & General Group Plc now owns 7,073,743 shares of the company’s stock valued at $129,308,000 after purchasing an additional 1,053,340 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

SentinelOne Stock Performance

NYSE:S opened at $14.55 on Monday. The business’s fifty day moving average is $16.93 and its 200 day moving average is $17.64. The firm has a market cap of $4.85 billion, a price-to-earnings ratio of -11.64 and a beta of 0.76. SentinelOne, Inc. has a 52-week low of $14.48 and a 52-week high of $26.00.

SentinelOne (NYSE:S) last posted its earnings results on Thursday, December 4th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $258.91 million during the quarter, compared to analyst estimates of $256.19 million. During the same quarter in the previous year, the firm earned ($0.25) EPS. The company’s quarterly revenue was up 22.9% compared to the same quarter last year. Equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Ric Smith sold 23,520 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $18.07, for a total transaction of $425,006.40. Following the completion of the transaction, the insider owned 928,021 shares of the company’s stock, valued at approximately $16,769,339.47. The trade was a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Barbara A. Larson sold 54,583 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $18.13, for a total transaction of $989,589.79. Following the completion of the sale, the chief financial officer owned 549,498 shares in the company, valued at $9,962,398.74. This represents a 9.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 398,285 shares of company stock valued at $7,089,580 in the last three months. Insiders own 4.33% of the company’s stock.

Wall Street Analysts Forecast Growth

S has been the topic of several research reports. DA Davidson lowered their target price on SentinelOne from $19.00 to $16.00 and set a “neutral” rating on the stock in a research note on Friday. UBS Group lifted their price objective on SentinelOne from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Westpark Capital restated a “buy” rating and issued a $25.00 price objective on shares of SentinelOne in a research note on Friday. Oppenheimer dropped their price objective on shares of SentinelOne from $26.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Cowen reiterated a “buy” rating on shares of SentinelOne in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.43.

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.