Cambridge Investment Research Advisors Inc. Has $488,000 Stock Holdings in SentinelOne, Inc. (NYSE:S)

Cambridge Investment Research Advisors Inc. trimmed its stake in shares of SentinelOne, Inc. (NYSE:S – Get Rating) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,476 shares of the company’s stock after selling 1,895 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in SentinelOne were worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Sierra Capital LLC bought a new position in SentinelOne in the 4th quarter worth approximately $401,000. Oppenheimer & Co. Inc. grew its holdings in shares of SentinelOne by 55.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 43,817 shares of the company’s stock valued at $639,000 after buying an additional 15,579 shares during the period. Highland Capital Management LLC acquired a new position in shares of SentinelOne in the 4th quarter valued at $1,124,000. State Board of Administration of Florida Retirement System grew its holdings in shares of SentinelOne by 17.7% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 137,220 shares of the company’s stock valued at $2,002,000 after buying an additional 20,680 shares during the period. Finally, Handelsbanken Fonder AB acquired a new position in shares of SentinelOne in the 4th quarter valued at $308,000. Institutional investors own 79.18% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Tomer Weingarten sold 40,000 shares of the firm’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of $17.85, for a total transaction of $714,000.00. Following the sale, the chief executive officer now owns 912,491 shares in the company, valued at approximately $16,287,964.35. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other SentinelOne news, CEO Tomer Weingarten sold 40,000 shares of the firm’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of $17.85, for a total value of $714,000.00. Following the sale, the chief executive officer now owns 912,491 shares of the company’s stock, valued at approximately $16,287,964.35. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Robin Tomasello sold 1,744 shares of the firm’s stock in a transaction on Monday, March 6th. The stock was sold at an average price of $16.57, for a total transaction of $28,898.08. Following the completion of the sale, the chief accounting officer now directly owns 162,598 shares in the company, valued at approximately $2,694,248.86. The disclosure for this sale can be found here. Insiders have sold 360,785 shares of company stock worth $5,854,733 in the last three months. 5.93% of the stock is currently owned by corporate insiders.

SentinelOne Stock Performance

Shares of S stock opened at $20.13 on Friday. SentinelOne, Inc. has a 52-week low of $12.69 and a 52-week high of $30.00. The company has a 50-day simple moving average of $16.94 and a two-hundred day simple moving average of $15.82. The company has a market capitalization of $5.81 billion, a price-to-earnings ratio of -14.80 and a beta of 0.52.

SentinelOne (NYSE:S – Get Rating) last released its earnings results on Tuesday, March 14th. The company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.03. The firm had revenue of $126.10 million during the quarter, compared to the consensus estimate of $124.69 million. SentinelOne had a negative net margin of 89.70% and a negative return on equity of 21.15%. The company’s revenue was up 92.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.27) EPS. On average, sell-side analysts forecast that SentinelOne, Inc. will post -1.18 EPS for the current fiscal year.

Wall Street Analyst Weigh In

S has been the subject of several research analyst reports. Barclays boosted their price target on shares of SentinelOne from $17.00 to $22.00 in a report on Monday. Wedbush upped their target price on shares of SentinelOne from $19.00 to $22.00 in a research note on Wednesday, March 15th. Needham & Company LLC reaffirmed a “buy” rating and issued a $19.00 target price on shares of SentinelOne in a research note on Monday, March 13th. Westpark Capital upped their target price on shares of SentinelOne from $20.00 to $25.00 in a research note on Friday, April 14th. Finally, Wells Fargo & Company reduced their price objective on shares of SentinelOne from $18.00 to $16.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 15th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.16.

About SentinelOne

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SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. The company's Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform.