225,000 Shares in SentinelOne, Inc. (NYSE:S) Acquired by Andar Capital Management HK Ltd

Andar Capital Management HK Ltd bought a new position in SentinelOne, Inc. (NYSE:S) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 225,000 shares of the company’s stock, valued at approximately $4,736,000. SentinelOne comprises approximately 6.6% of Andar Capital Management HK Ltd’s holdings, making the stock its 5th biggest holding. Andar Capital Management HK Ltd owned 0.07% of SentinelOne as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of S. Renaissance Technologies LLC lifted its position in SentinelOne by 116.5% in the second quarter. Renaissance Technologies LLC now owns 728,600 shares of the company’s stock valued at $15,337,000 after purchasing an additional 392,000 shares during the last quarter. Total Clarity Wealth Management Inc. lifted its position in SentinelOne by 14.0% in the second quarter. Total Clarity Wealth Management Inc. now owns 59,010 shares of the company’s stock valued at $1,242,000 after purchasing an additional 7,250 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in SentinelOne by 19.2% in the second quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company’s stock valued at $77,299,000 after purchasing an additional 590,628 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in SentinelOne in the second quarter valued at approximately $36,237,000. Finally, Rathbones Group PLC lifted its position in SentinelOne by 0.4% in the second quarter. Rathbones Group PLC now owns 288,667 shares of the company’s stock valued at $6,076,000 after purchasing an additional 1,038 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

Insiders Place Their Bets

In other news, CFO David J. Bernhardt sold 11,222 shares of the company’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $21.40, for a total transaction of $240,150.80. Following the transaction, the chief financial officer now directly owns 477,781 shares of the company’s stock, valued at $10,224,513.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Ric Smith sold 99,502 shares of the company’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $20.10, for a total transaction of $1,999,990.20. Following the transaction, the insider now directly owns 639,834 shares of the company’s stock, valued at $12,860,663.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO David J. Bernhardt sold 11,222 shares of the stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $21.40, for a total value of $240,150.80. Following the completion of the transaction, the chief financial officer now directly owns 477,781 shares in the company, valued at approximately $10,224,513.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 574,769 shares of company stock valued at $12,295,560. 5.60% of the stock is currently owned by corporate insiders.

SentinelOne Trading Up 7.5 %

SentinelOne stock opened at $24.94 on Wednesday. The business’s fifty day simple moving average is $22.48 and its two-hundred day simple moving average is $21.81. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of -24.34 and a beta of 0.67.

SentinelOne (NYSE:S) last released its earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The business had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. During the same period in the previous year, the company posted ($0.26) earnings per share. The company’s revenue for the quarter was up 33.1% compared to the same quarter last year. On average, equities research analysts predict that SentinelOne, Inc. will post -0.73 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on S. Baird R W upgraded SentinelOne to a “strong-buy” rating in a research report on Monday, July 15th. Needham & Company LLC boosted their target price on SentinelOne from $25.00 to $29.00 and gave the company a “buy” rating in a research note on Monday, August 26th. Sanford C. Bernstein reduced their target price on SentinelOne from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 28th. JPMorgan Chase & Co. boosted their target price on SentinelOne from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Friday, August 23rd. Finally, Guggenheim reissued a “buy” rating and set a $23.00 target price on shares of SentinelOne in a research note on Tuesday, June 25th. One analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.83.

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.