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

Baader Bank Aktiengesellschaft decreased its position in shares of SentinelOne, Inc. (NYSE:S) by 23.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of S. KBC Group NV raised its position in shares of SentinelOne by 778.0% in the 3rd quarter. KBC Group NV now owns 65,455 shares of the company’s stock worth $1,566,000 after acquiring an additional 58,000 shares in the last quarter. Erste Asset Management GmbH acquired a new stake in shares of SentinelOne in the 3rd quarter valued at about $4,816,000. NorthRock Partners LLC acquired a new stake in shares of SentinelOne in the 3rd quarter valued at about $5,227,000. Charles Schwab Investment Management Inc. grew its stake in shares of SentinelOne by 55.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock valued at $62,129,000 after buying an additional 921,572 shares during the period. Finally, Carnegie Investment Counsel acquired a new stake in shares of SentinelOne in the 4th quarter valued at about $7,167,000. 90.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on S. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a “hold” rating to a “buy” rating and raised their target price for the company from $25.00 to $32.00 in a research note on Tuesday, November 12th. Sanford C. Bernstein cut their price target on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. UBS Group downgraded SentinelOne from a “buy” rating to a “neutral” rating and cut their price target for the company from $30.00 to $25.00 in a research note on Wednesday, January 15th. Needham & Company LLC restated a “buy” rating and issued a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Finally, Scotiabank boosted their target price on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, SentinelOne currently has an average rating of “Moderate Buy” and an average target price of $29.56.

SentinelOne Stock Performance

Shares of NYSE:S opened at $23.73 on Thursday. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $30.76. The firm has a fifty day moving average of $23.99 and a 200 day moving average of $24.11. The firm has a market capitalization of $7.62 billion, a PE ratio of -25.24 and a beta of 0.74.

SentinelOne (NYSE:S) last released its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $209.73 million. During the same period in the previous year, the company earned ($0.21) earnings per share. SentinelOne’s quarterly revenue was up 28.3% on a year-over-year basis. On average, sell-side analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insider Activity

In other SentinelOne news, CEO Tomer Weingarten sold 70,655 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $27.63, for a total value of $1,952,197.65. Following the transaction, the chief executive officer now directly owns 1,019,541 shares in the company, valued at $28,169,917.83. This represents a 6.48 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ric Smith sold 3,135 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total transaction of $82,293.75. Following the transaction, the insider now owns 582,512 shares in the company, valued at approximately $15,290,940. This represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 358,135 shares of company stock valued at $8,714,308 in the last 90 days. Company insiders own 5.60% of the company’s stock.

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.