CoreCap Advisors LLC boosted its holdings in SentinelOne, Inc. (NYSE:S – Free Report) by 35.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,388 shares of the company’s stock after acquiring an additional 1,153 shares during the period. CoreCap Advisors LLC’s holdings in SentinelOne were worth $97,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its position in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after buying an additional 556 shares during the period. Avion Wealth bought a new position in SentinelOne during the 4th quarter worth $28,000. Crewe Advisors LLC bought a new position in SentinelOne during the 4th quarter worth $33,000. Arlington Trust Co LLC bought a new position in SentinelOne during the 4th quarter worth $33,000. Finally, Foster Dykema Cabot & Partners LLC bought a new position in SentinelOne during the 4th quarter worth $40,000. Institutional investors own 90.87% of the company’s stock.
Analysts Set New Price Targets
S has been the topic of a number of recent analyst reports. UBS Group decreased their price target on SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Susquehanna decreased their price target on SentinelOne from $30.00 to $25.00 and set a “positive” rating on the stock in a research report on Thursday, March 13th. Needham & Company LLC decreased their price target on SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Bank of America decreased their price target on SentinelOne from $29.00 to $24.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Finally, Barclays decreased their price target on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Seven equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and four have given a strong buy rating to the company’s stock. According to MarketBeat, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $26.13.
SentinelOne Price Performance
SentinelOne stock opened at $20.34 on Wednesday. The stock’s 50 day moving average is $18.41 and its 200 day moving average is $22.18. The firm has a market cap of $6.71 billion, a P/E ratio of -21.64 and a beta of 0.81. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29.
Insider Buying and Selling
In related news, insider Ric Smith sold 14,584 shares of SentinelOne stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total value of $305,680.64. Following the transaction, the insider now directly owns 529,118 shares of the company’s stock, valued at $11,090,313.28. The trade was a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Tomer Weingarten sold 10,336 shares of SentinelOne stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $18.54, for a total value of $191,629.44. Following the completion of the transaction, the chief executive officer now directly owns 1,571,060 shares in the company, valued at approximately $29,127,452.40. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 432,498 shares of company stock valued at $8,136,199 over the last ninety days. 5.60% of the stock is owned by company insiders.
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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