Migdal Insurance & Financial Holdings Ltd. Has $15.43 Million Position in SentinelOne, Inc. (NYSE:S)

Migdal Insurance & Financial Holdings Ltd. lowered its holdings in shares of SentinelOne, Inc. (NYSE:S) by 27.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 561,392 shares of the company’s stock after selling 207,883 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned about 0.19% of SentinelOne worth $15,432,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of SentinelOne in the 3rd quarter valued at $25,000. International Assets Investment Management LLC bought a new position in shares of SentinelOne in the third quarter valued at about $32,000. BOK Financial Private Wealth Inc. bought a new position in shares of SentinelOne in the third quarter valued at about $34,000. Montag A & Associates Inc. raised its holdings in shares of SentinelOne by 143.0% in the third quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock valued at $34,000 after buying an additional 1,200 shares during the last quarter. Finally, Comerica Bank bought a new position in shares of SentinelOne in the third quarter valued at about $37,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insider Transactions at SentinelOne

In other news, insider Ric Smith sold 2,207 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $27.68, for a total value of $61,089.76. Following the completion of the transaction, the insider now owns 455,374 shares in the company, valued at approximately $12,604,752.32. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other SentinelOne news, CEO Tomer Weingarten sold 69,427 shares of SentinelOne stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $27.09, for a total transaction of $1,880,777.43. Following the completion of the transaction, the chief executive officer now owns 1,285,122 shares in the company, valued at $34,813,954.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ric Smith sold 2,207 shares of SentinelOne stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $27.68, for a total value of $61,089.76. Following the transaction, the insider now owns 455,374 shares of the company’s stock, valued at approximately $12,604,752.32. The disclosure for this sale can be found here. In the last three months, insiders have sold 321,583 shares of company stock worth $8,355,882. 5.93% of the stock is currently owned by insiders.

SentinelOne Price Performance

S remained flat at $20.89 on Wednesday. The company had a trading volume of 1,453,293 shares, compared to its average volume of 5,975,485. The stock’s 50 day moving average price is $25.42 and its two-hundred day moving average price is $22.75. SentinelOne, Inc. has a fifty-two week low of $12.43 and a fifty-two week high of $30.76. The company has a market capitalization of $6.48 billion, a PE ratio of -18.00 and a beta of 0.66.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The firm had revenue of $174.18 million for the quarter, compared to analyst estimates of $169.40 million. SentinelOne had a negative return on equity of 18.84% and a negative net margin of 54.53%. The business’s quarterly revenue was up 38.1% compared to the same quarter last year. During the same period last year, the company earned ($0.30) EPS. Sell-side analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Ratings Changes

S has been the subject of several recent research reports. Guggenheim boosted their price objective on SentinelOne from $26.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. Citigroup increased their target price on SentinelOne from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 10th. BTIG Research raised shares of SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price target for the company in a research note on Monday, January 22nd. Morgan Stanley raised their price target on shares of SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Thursday, March 14th. Finally, StockNews.com raised shares of SentinelOne to a “sell” rating in a research note on Friday, January 12th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $26.08.

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.