Baader Bank Aktiengesellschaft Has $1.11 Million Stock Position in SentinelOne, Inc. (NYSE:S)

Baader Bank Aktiengesellschaft decreased its stake in SentinelOne, Inc. (NYSE:S) by 23.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 50,000 shares of the company’s stock after selling 15,419 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in SentinelOne were worth $1,110,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Champlain Investment Partners LLC acquired a new stake in SentinelOne during the 3rd quarter worth about $80,604,000. Sylebra Capital LLC raised its stake in shares of SentinelOne by 33.7% during the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after purchasing an additional 2,282,980 shares in the last quarter. Atreides Management LP raised its stake in shares of SentinelOne by 137.3% during the 3rd quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after purchasing an additional 2,200,594 shares in the last quarter. Stephens Investment Management Group LLC purchased a new stake in shares of SentinelOne during the 3rd quarter worth about $30,972,000. Finally, Wellington Management Group LLP purchased a new stake in shares of SentinelOne during the 3rd quarter worth about $27,000,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Oppenheimer assumed coverage on SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective on the stock. Susquehanna raised their price objective on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a research note on Thursday, December 5th. DA Davidson raised their price objective on SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Jefferies Financial Group raised SentinelOne from a “hold” rating to a “buy” rating and raised their price objective for the company from $27.00 to $30.00 in a research note on Thursday, December 19th. Finally, Cantor Fitzgerald began coverage on SentinelOne in a research note on Thursday, January 9th. They issued an “overweight” rating and a $30.00 price objective on the stock. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $29.56.

Insider Buying and Selling at SentinelOne

In other news, CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total transaction of $1,938,758.76. Following the transaction, the chief executive officer now owns 959,682 shares in the company, valued at approximately $22,658,092.02. This trade represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ric Smith sold 3,135 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total value of $82,293.75. Following the sale, the insider now directly owns 582,512 shares in the company, valued at $15,290,940. This represents a 0.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 358,135 shares of company stock worth $8,714,308 over the last 90 days. Company insiders own 5.60% of the company’s stock.

SentinelOne Trading Down 2.8 %

NYSE:S opened at $23.73 on Thursday. The stock has a market cap of $7.62 billion, a price-to-earnings ratio of -25.24 and a beta of 0.74. The stock has a 50-day moving average price of $23.99 and a two-hundred day moving average price of $24.11. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $30.76.

SentinelOne (NYSE:S) last released its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same quarter in the previous year, the company posted ($0.21) EPS. The business’s revenue was up 28.3% on a year-over-year basis. Sell-side analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share 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.