The Vanguard Group, Inc. has recently announced that it has increased stake in SentinelOne Inc (NYSE:S) by 1.94%. After grabbing 22.65 million shares, the institutional investor is now in possession of 0.43 million shares of the Technology Company. The new investment brought the stake of investor firm to 9.35% having worth around $432.47 million. Moreover, BlackRock Fund Advisors increased its share by 0.9 million to have a control over 10.94 million shares. And First Trust Advisors LP raised its holdings to 2.66 million shares by acquiring 10.21 million shares or 4.22% of the stake.
SentinelOne Inc (S) concluded trading on 12/27/23 at a closing price of $27.73, with 5.52 million shares of worth about $153.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 86.36% during that period and on Wednesday the price saw a loss of about -0.47%. Currently the company’s common shares owned by public are about 298.68M shares, out of which, 233.45M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 138 times over the past 12 months. They bought 3,447,462 shares in 56 of the transactions. In 82 selling transactions, insiders dumped 1,623,616 shares.
First Trust NASDAQ Cybersecurity, Vanguard Total Stock Market ETF, and Legal & General UCITS ETF PLC – C are the top 3 mutual funds which are holding stakes in SentinelOne Inc First Trust NASDAQ Cybersecurity is currently holding 9.19 million shares of worth totaling $175.38 million. The company recently came buying 0.0 shares which brought its stake up to 3.79% of the company’s outstanding shares. Vanguard Total Stock Market ETF bought 9814.0 shares, after which its hold over company’s outstanding shares expand to 2.94%, leaving 7.12 million shares with the mutual fund that have a worth of about $135.88 million. Legal & General UCITS ETF PLC – C, after buying 6.45 million shares, have now control over 2.66% of the stake in the company. It holds 0.0 shares of worth $123.04 million.
SentinelOne Inc (NYSE: S) started trading at $27.89, above $0.03 from concluding price of the previous day. Stock saw a price change of 0.91% in past 5 days and over the past one month there was a price change of 56.05%. Year-to-date (YTD), S shares are showing a performance of 90.06% which increased to 108.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.43 but also hit the highest price of $27.97 during that period. The average intraday trading volume for SentinelOne Inc shares is 5.82 million. The stock is currently trading 15.90% above its 20-day simple moving average (SMA20), while that difference is up 43.00% for SMA50 and it goes to 62.87% higher than SMA200.
The Vanguard Group, Inc. acquired 22.65 million shares of SentinelOne Inc having value of about $432.47 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 0.43 million shares in the company valued at close to $11973425.78, or have control over 1.94% stake in the company. SentinelOne Inc (NYSE: S) currently have 298.68M outstanding shares and institutions hold larger chunk of about 56.38% of that. Holding of mutual funds in the company is about 34.10% while other institutional holders and individual stake holders have control over 36.47% and 3.17% of the stake respectively.
The stock has a current market capitalization of $8.28B and its 3Y-monthly beta is at 0.72. It has posted earnings per share of -$1.24 in the same period. It has Quick Ratio of 2.05 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for S, volatility over the week remained 2.97% while standing at 5.12% over the month.
Analysts are in expectations that SentinelOne Inc (S) stock would likely to be making an EPS of -$0.04 in the current quarter, while forecast for next quarter EPS is -$0.03 and it is $0.06 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.06 which is -$0.01 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.13 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 58.32% while it is estimated to increase by 122.16% in next year.
Analysts at 31 brokerage firms have issued recommendations for the SentinelOne Inc (S)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.06. Out of those 31 Wall Street analysts, 14 recommended a “Buy” rating, while 16 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on December 15, 2023 offering a Positive rating for the stock and assigned a target price of $35 to it.
