Caprock Group LLC Makes New $6.15 Million Investment in SentinelOne, Inc. $S

Caprock Group LLC acquired a new stake in SentinelOne, Inc. (NYSE:S) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 326,269 shares of the company’s stock, valued at approximately $6,153,000.

Other institutional investors have also modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new stake in SentinelOne during the 2nd quarter worth approximately $29,000. First Horizon Advisors Inc. lifted its position in SentinelOne by 287.8% during the second quarter. First Horizon Advisors Inc. now owns 2,439 shares of the company’s stock valued at $45,000 after buying an additional 1,810 shares in the last quarter. Foster Dykema Cabot & Partners LLC grew its stake in SentinelOne by 66.7% during the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,007 shares of the company’s stock worth $55,000 after buying an additional 1,203 shares during the period. Daiwa Securities Group Inc. grew its stake in SentinelOne by 25.2% during the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after buying an additional 692 shares during the period. Finally, Global Retirement Partners LLC grew its stake in SentinelOne by 15,900.0% during the third quarter. Global Retirement Partners LLC now owns 3,680 shares of the company’s stock worth $65,000 after buying an additional 3,657 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on S shares. Piper Sandler reissued a “neutral” rating and issued a $17.00 target price (down previously from $20.00) on shares of SentinelOne in a research note on Sunday, January 4th. Morgan Stanley lowered their price target on SentinelOne from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Friday, December 5th. Bank of America cut their price objective on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. Citigroup reduced their price objective on SentinelOne from $20.00 to $18.00 and set a “neutral” rating on the stock in a research note on Monday, January 12th. Finally, The Goldman Sachs Group decreased their target price on SentinelOne from $19.00 to $16.50 and set a “neutral” rating for the company in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.72.

SentinelOne Price Performance

SentinelOne stock opened at $13.72 on Wednesday. SentinelOne, Inc. has a 12-month low of $12.43 and a 12-month high of $25.24. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of -10.98 and a beta of 0.77. The firm’s fifty day moving average price is $14.61 and its 200 day moving average price is $16.40.

SentinelOne (NYSE:S) last posted its quarterly earnings data 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 net margin of 43.04% and a negative return on equity of 14.95%. The company had revenue of $258.91 million during the quarter, compared to analysts’ expectations of $256.19 million. During the same period in the prior year, the company posted ($0.25) EPS. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. Analysts forecast that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Insider Transactions at SentinelOne

In other news, CFO Barbara A. Larson sold 11,173 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $14.82, for a total transaction of $165,583.86. Following the completion of the transaction, the chief financial officer directly owned 539,372 shares in the company, valued at approximately $7,993,493.04. This represents a 2.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Robin Tomasello sold 8,509 shares of SentinelOne stock in a transaction on Monday, December 8th. The stock was sold at an average price of $14.58, for a total transaction of $124,061.22. Following the completion of the sale, the chief accounting officer owned 285,551 shares of the company’s stock, valued at approximately $4,163,333.58. This trade represents a 2.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 292,222 shares of company stock valued at $4,317,590 in the last three months. 4.33% of the stock is currently owned by company insiders.

SentinelOne Company Profile

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.