Bank Julius Baer & Co. Ltd Zurich Sells 1,258 Shares of SentinelOne, Inc. (NYSE:S)

Bank Julius Baer & Co. Ltd Zurich lowered its position in shares of SentinelOne, Inc. (NYSE:S) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,432 shares of the company’s stock after selling 1,258 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in SentinelOne were worth $1,247,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in SentinelOne by 2.0% during the third quarter. Vanguard Group Inc. now owns 22,982,235 shares of the company’s stock valued at $387,480,000 after acquiring an additional 442,593 shares during the last quarter. Caprock Group LLC boosted its position in SentinelOne by 96.5% during the fourth quarter. Caprock Group LLC now owns 193,891 shares of the company’s stock valued at $5,320,000 after acquiring an additional 95,206 shares during the last quarter. Legato Capital Management LLC boosted its position in SentinelOne by 79.7% during the fourth quarter. Legato Capital Management LLC now owns 27,976 shares of the company’s stock valued at $768,000 after acquiring an additional 12,407 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of SentinelOne by 29.1% during the third quarter. Stifel Financial Corp now owns 329,951 shares of the company’s stock valued at $5,563,000 after purchasing an additional 74,378 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of SentinelOne by 5.0% during the third quarter. Bank of New York Mellon Corp now owns 1,554,020 shares of the company’s stock valued at $26,201,000 after purchasing an additional 74,118 shares during the period. Institutional investors own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on S. DA Davidson upped their price objective on shares of SentinelOne from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Thursday, March 14th. StockNews.com upgraded shares of SentinelOne to a “sell” rating in a report on Friday, January 12th. Citigroup upped their price objective on shares of SentinelOne from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, January 10th. The Goldman Sachs Group upped their price objective on shares of SentinelOne from $19.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, February 21st. Finally, JMP Securities reiterated a “market outperform” rating and set a $33.00 price objective on shares of SentinelOne in a report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $26.08.

Insider Activity

In other news, CFO David J. Bernhardt sold 34,021 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $30.03, for a total transaction of $1,021,650.63. Following the completion of the transaction, the chief financial officer now directly owns 403,132 shares of the company’s stock, valued at approximately $12,106,053.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Tomer Weingarten sold 69,427 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $27.09, for a total value of $1,880,777.43. Following the completion of the transaction, the chief executive officer now directly owns 1,285,122 shares of the company’s stock, valued at approximately $34,813,954.98. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO David J. Bernhardt sold 34,021 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $30.03, for a total transaction of $1,021,650.63. Following the completion of the transaction, the chief financial officer now directly owns 403,132 shares of the company’s stock, valued at $12,106,053.96. The disclosure for this sale can be found here. Insiders sold 296,833 shares of company stock valued at $7,717,085 in the last three months. Company insiders own 5.93% of the company’s stock.

SentinelOne Stock Performance

Shares of S stock opened at $21.56 on Friday. SentinelOne, Inc. has a 52-week low of $12.43 and a 52-week high of $30.76. The company has a 50-day simple moving average of $24.22 and a two-hundred day simple moving average of $22.87. The company has a market capitalization of $6.68 billion, a price-to-earnings ratio of -18.59 and a beta of 0.66.

SentinelOne (NYSE:S) last released its earnings results on Wednesday, March 13th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The firm had revenue of $174.18 million during the quarter, compared to the consensus estimate of $169.40 million. During the same period in the prior year, the firm earned ($0.30) EPS. The company’s revenue was up 38.1% compared to the same quarter last year. On average, sell-side analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

About SentinelOne

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.