Brighton Jones LLC purchased a new position in shares of SentinelOne, Inc. (NYSE:S – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,389 shares of the company’s stock, valued at approximately $281,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in S. GAMMA Investing LLC grew its holdings in shares of SentinelOne by 513.3% during the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company’s stock worth $35,000 after buying an additional 1,622 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of SentinelOne by 51.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,617 shares of the company’s stock worth $429,000 after buying an additional 8,025 shares during the last quarter. KBC Group NV grew its holdings in shares of SentinelOne by 3.1% during the first quarter. KBC Group NV now owns 71,142 shares of the company’s stock worth $1,293,000 after buying an additional 2,119 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in shares of SentinelOne by 45.2% during the first quarter. Teacher Retirement System of Texas now owns 53,165 shares of the company’s stock worth $967,000 after buying an additional 16,541 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of SentinelOne by 8.6% during the first quarter. Bank of New York Mellon Corp now owns 1,716,639 shares of the company’s stock worth $31,209,000 after buying an additional 136,417 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.
SentinelOne Trading Up 5.0%
S stock opened at $17.86 on Friday. The firm has a 50 day moving average of $17.80 and a 200-day moving average of $18.04. SentinelOne, Inc. has a 12-month low of $15.36 and a 12-month high of $29.29. The company has a market cap of $5.96 billion, a price-to-earnings ratio of -13.53 and a beta of 0.76.
Insider Activity at SentinelOne
In other news, CAO Robin Tomasello sold 8,508 shares of SentinelOne stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $18.69, for a total transaction of $159,014.52. Following the completion of the sale, the chief accounting officer directly owned 297,536 shares in the company, valued at approximately $5,560,947.84. This trade represents a 2.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Keenan Michael Conder sold 11,098 shares of SentinelOne stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $18.69, for a total transaction of $207,421.62. Following the sale, the insider owned 579,407 shares of the company’s stock, valued at approximately $10,829,116.83. The trade was a 1.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 453,277 shares of company stock worth $8,228,904. 4.33% of the stock is currently owned by company insiders.
Analyst Ratings Changes
S has been the topic of a number of research reports. Guggenheim reissued a “buy” rating and set a $28.00 price target on shares of SentinelOne in a report on Friday, August 29th. JMP Securities restated a “market outperform” rating and issued a $29.00 price objective on shares of SentinelOne in a research report on Tuesday, September 9th. DA Davidson raised their price objective on shares of SentinelOne from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Friday, August 29th. Morgan Stanley restated a “positive” rating on shares of SentinelOne in a research report on Tuesday, September 2nd. Finally, Rosenblatt Securities started coverage on shares of SentinelOne in a research report on Friday, July 18th. They issued a “buy” rating and a $24.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $24.26.
View Our Latest Research Report on S
SentinelOne 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.
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