Trifecta Capital Advisors LLC Takes $77,000 Position in SentinelOne, Inc. $S

Trifecta Capital Advisors LLC acquired a new stake in shares of SentinelOne, Inc. (NYSE:S) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 4,200 shares of the company’s stock, valued at approximately $77,000.

Several other large investors also recently made changes to their positions in the business. Vontobel Holding Ltd. boosted its position in shares of SentinelOne by 191.8% during the 2nd quarter. Vontobel Holding Ltd. now owns 915,170 shares of the company’s stock valued at $16,729,000 after purchasing an additional 601,511 shares in the last quarter. KLP Kapitalforvaltning AS boosted its position in shares of SentinelOne by 9.6% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 61,800 shares of the company’s stock valued at $1,130,000 after purchasing an additional 5,435 shares in the last quarter. Meitav Investment House Ltd. boosted its position in shares of SentinelOne by 15.1% during the 2nd quarter. Meitav Investment House Ltd. now owns 72,855 shares of the company’s stock valued at $1,320,000 after purchasing an additional 9,575 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of SentinelOne by 74.8% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 28,891 shares of the company’s stock valued at $528,000 after purchasing an additional 12,359 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of SentinelOne during the 2nd quarter valued at about $776,000. Institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

S has been the subject of several recent analyst reports. Morgan Stanley reiterated a “positive” rating on shares of SentinelOne in a report on Tuesday, September 2nd. Citigroup reiterated a “neutral” rating on shares of SentinelOne in a report on Tuesday, September 16th. Guggenheim reiterated a “buy” rating and issued a $28.00 target price on shares of SentinelOne in a report on Friday, August 29th. Barclays raised their target price on shares of SentinelOne from $19.00 to $21.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. Finally, BTIG Research reiterated a “neutral” rating on shares of SentinelOne in a report on Monday, August 25th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $24.26.

SentinelOne Stock Performance

S stock opened at $17.98 on Thursday. The stock has a market cap of $6.00 billion, a P/E ratio of -13.62 and a beta of 0.76. The firm has a 50 day simple moving average of $17.69 and a 200 day simple moving average of $18.15. SentinelOne, Inc. has a 52 week low of $15.36 and a 52 week high of $29.29.

Insider Buying and Selling at SentinelOne

In related news, insider Keenan Michael Conder sold 11,098 shares of the firm’s 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 completion of the sale, the insider directly owned 579,407 shares in the company, valued at approximately $10,829,116.83. This trade represents a 1.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 162,794 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $18.38, for a total transaction of $2,992,153.72. Following the transaction, the chief executive officer directly owned 1,298,982 shares in the company, valued at approximately $23,875,289.16. The trade was a 11.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 395,336 shares of company stock valued at $7,184,807 in the last 90 days. Corporate insiders own 4.33% of the company’s stock.

About SentinelOne

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.