Havemeyer Place LP purchased a new position in shares of SentinelOne, Inc. (NYSE:S – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 47,638 shares of the company’s stock, valued at approximately $715,000.
A number of other institutional investors have also recently added to or reduced their stakes in S. Allworth Financial LP grew its stake in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Strategic Advocates LLC acquired a new position in shares of SentinelOne in the 3rd quarter valued at approximately $26,000. Danske Bank A S acquired a new position in shares of SentinelOne in the 3rd quarter valued at approximately $26,000. Assetmark Inc. boosted its stake in shares of SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock valued at $29,000 after buying an additional 1,668 shares during the last quarter. Finally, MAI Capital Management boosted its stake in shares of SentinelOne by 121.2% during the 3rd quarter. MAI Capital Management now owns 1,825 shares of the company’s stock valued at $32,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.
SentinelOne Price Performance
Shares of NYSE S opened at $15.74 on Tuesday. The firm has a market capitalization of $5.40 billion, a PE ratio of -16.40 and a beta of 0.83. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $21.40. The business’s fifty day moving average price is $15.28 and its two-hundred day moving average price is $14.74.
Insider Activity
In other SentinelOne news, insider Keenan Michael Conder sold 5,578 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $13.37, for a total value of $74,577.86. Following the completion of the transaction, the insider owned 574,395 shares in the company, valued at approximately $7,679,661.15. This represents a 0.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ana G. Pinczuk sold 32,396 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $13.37, for a total transaction of $433,134.52. Following the completion of the sale, the insider owned 603,650 shares in the company, valued at $8,070,800.50. The trade was a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 475,313 shares of company stock valued at $6,916,902. Company insiders own 4.27% of the company’s stock.
Analysts Set New Price Targets
S has been the topic of several recent analyst reports. Citigroup raised shares of SentinelOne from a “neutral” rating to a “buy” rating in a report on Friday, May 29th. Needham & Company LLC raised their price objective on shares of SentinelOne from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Wedbush restated an “outperform” rating and issued a $20.00 target price on shares of SentinelOne in a research note on Friday, May 29th. JPMorgan Chase & Co. increased their price target on shares of SentinelOne from $16.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Finally, Jefferies Financial Group lifted their price target on SentinelOne from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Seventeen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $19.67.
View Our Latest Analysis on SentinelOne
SentinelOne Profile
SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.
The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.
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