The Vanguard Group, Inc. recently announced the acquisition of new stake in SentinelOne Inc (NYSE:S). The institutional investor has increased its shareholding in the Technology company by 1.94% to 22.65 million shares with purchase of 0.43 million shares. This fresh investment now brings its stake to 9.11% valued currently at $621.63 million. In addition, BlackRock Fund Advisors raised its holdings by 0.9 million to 10.94 million shares. And First Trust Advisors LP has lifted its position by 35.15% or 2.66 million shares – to 10.21 million shares.
Currently, there are 298.68M common shares owned by the public and among those 240.01M shares have been available to trade.
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Insiders at the company have transacted a total of 140 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 57 of these insider trades were purchases, accounting for 3,472,213 shares. Insider sales of the common stock occurred on 83 occasions, with total insider shares sold totaling 1,648,367 shares.
The top 3 mutual fund holders in SentinelOne Inc are First Trust NASDAQ Cybersecurity, Vanguard Total Stock Market ETF, and Legal & General UCITS ETF PLC – C. First Trust NASDAQ Cybersecurity owns 8.57 million shares of the company’s stock, all valued at over $235.17 million. The company sold 7780.0 shares recently to bring their total holdings to about 3.45% of the shares outstanding. Vanguard Total Stock Market ETF bought 0.16 million shares to see its total holdings expand to 7.28 million shares valued at over $199.75 million and representing 2.93% of the shares outstanding. Legal & General UCITS ETF PLC – C sold 18264.0 shares to bring its total holdings to over 6.35 million shares at a value of $174.3 million. Legal & General UCITS ETF PLC – C now owns shares totaling to 2.55% of the shares outstanding.
The company’s stock has a 5-day price change of 7.19% and 83.82% over the past three months. S shares are trading 2.70% year to date (YTD), with the 12-month market performance up to 94.08% higher. It has a 12-month low price of $12.43 and touched a high of $27.97 over the same period. S has an average intraday trading volume of 6.25 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.91%, 20.81%, and 55.99% respectively.
Institutional ownership of SentinelOne Inc (NYSE: S) shares accounts for 56.55% of the company’s 298.68M shares outstanding. Mutual fund holders own 33.87%, while other institutional holders and individual stakeholders account for 35.01% and 3.99% respectively.
It has a market capitalization of $8.42B and a beta (3y monthly) value of 0.69. The earnings-per-share (ttm) stands at -$1.24. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.29% over the week and 4.10% over the month.
Analysts forecast that SentinelOne Inc (S) will achieve an EPS of $S&P 500 for the current quarter, $4,927.93 for the next quarter and $Index for Type. The lowest estimate earnings-per-share for the quarter is $Super Micro Computer, Inc. while analysts give the company a high EPS estimate of $SPDR S&P 500. Comparatively, EPS for the current quarter was $Invesco QQQ Trust, Series 1 a year ago. Earnings per share for the fiscal year are expected to increase by 58.45%, and 122.45% over the next financial year.
Looking at the support for the S, a number of firms have released research notes about the stock. BTIG Research stated their Buy rating for the stock in a research note on January 22, 2024, with the firm’s price target at $30.
