Meitav Investment House Ltd. Grows Stock Position in SentinelOne, Inc. $S

Meitav Investment House Ltd. raised its holdings in SentinelOne, Inc. (NYSE:S) by 15.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,855 shares of the company’s stock after buying an additional 9,575 shares during the quarter. Meitav Investment House Ltd.’s holdings in SentinelOne were worth $1,320,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of S. Teamwork Financial Advisors LLC acquired a new stake in shares of SentinelOne in the second quarter worth approximately $1,332,000. Strs Ohio acquired a new position in shares of SentinelOne in the 1st quarter valued at $9,227,000. Tempus Wealth Planning LLC purchased a new stake in shares of SentinelOne during the 2nd quarter valued at $318,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of SentinelOne by 131.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company’s stock worth $79,532,000 after buying an additional 2,483,136 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of SentinelOne by 11,049.7% in the 1st quarter. GAMMA Investing LLC now owns 35,233 shares of the company’s stock worth $641,000 after buying an additional 34,917 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

SentinelOne Trading Down 0.3%

NYSE S opened at $17.90 on Tuesday. The stock has a market cap of $5.97 billion, a P/E ratio of -13.56 and a beta of 0.76. The company’s fifty day simple moving average is $17.74 and its 200-day simple moving average is $18.16. SentinelOne, Inc. has a 52 week low of $15.36 and a 52 week high of $29.29.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Needham & Company LLC boosted their price target on SentinelOne from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $24.00 target price on shares of SentinelOne in a research report on Friday, August 29th. Morgan Stanley restated a “positive” rating on shares of SentinelOne in a report on Tuesday, September 2nd. Robert W. Baird boosted their price objective on shares of SentinelOne from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Citigroup reissued a “neutral” rating on shares of SentinelOne in a research report on Tuesday, September 16th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $24.26.

Insider Activity

In related news, CAO Robin Tomasello sold 8,508 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $18.69, for a total value of $159,014.52. Following the completion of the transaction, the chief accounting officer owned 297,536 shares of the company’s stock, valued at approximately $5,560,947.84. This represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Tomer Weingarten sold 162,794 shares of SentinelOne stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $18.38, for a total value of $2,992,153.72. Following the sale, the chief executive officer owned 1,298,982 shares in the company, valued at $23,875,289.16. This represents a 11.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 340,753 shares of company stock worth $6,195,217. 4.33% of the stock is owned by corporate insiders.

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.