Probity Advisors Inc. lifted its holdings in shares of SentinelOne, Inc. (NYSE:S – Free Report) by 28.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,233 shares of the company’s stock after purchasing an additional 3,331 shares during the period. Probity Advisors Inc.’s holdings in SentinelOne were worth $278,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in SentinelOne by 513.3% during the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company’s stock valued at $35,000 after acquiring an additional 1,622 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in SentinelOne during the first quarter valued at $73,000. Trifecta Capital Advisors LLC bought a new stake in SentinelOne during the second quarter valued at $77,000. Signaturefd LLC boosted its position in SentinelOne by 504.6% during the first quarter. Signaturefd LLC now owns 6,149 shares of the company’s stock valued at $112,000 after acquiring an additional 5,132 shares during the last quarter. Finally, SVB Wealth LLC bought a new stake in SentinelOne during the first quarter valued at $116,000. Institutional investors and hedge funds own 90.87% of the company’s stock.
SentinelOne Trading Up 3.9%
Shares of NYSE S opened at $17.82 on Wednesday. The firm’s 50-day moving average price is $17.71 and its 200-day moving average price is $18.04. SentinelOne, Inc. has a 1-year low of $15.36 and a 1-year high of $29.29. The firm has a market capitalization of $5.94 billion, a P/E ratio of -13.50 and a beta of 0.76.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $24.00 price target on shares of SentinelOne in a research report on Friday, August 29th. Wells Fargo & Company upped their price target on shares of SentinelOne from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Friday, August 29th. Westpark Capital reaffirmed a “buy” rating and set a $25.00 price target on shares of SentinelOne in a research report on Friday, August 29th. Citigroup reaffirmed a “neutral” rating on shares of SentinelOne in a research report on Tuesday, September 16th. Finally, Robert W. Baird upped their price target on shares of SentinelOne from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Two investment 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $24.26.
Check Out Our Latest Stock Report on S
Insider Activity at SentinelOne
In other news, CEO Tomer Weingarten sold 57,941 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $18.02, for a total transaction of $1,044,096.82. Following the completion of the sale, the chief executive officer directly owned 1,283,939 shares of the company’s stock, valued at $23,136,580.78. The trade was a 4.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Robin Tomasello sold 8,508 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $18.69, for a total transaction of $159,014.52. Following the sale, the chief accounting officer directly owned 297,536 shares of the company’s stock, valued at approximately $5,560,947.84. The trade was a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 453,277 shares of company stock valued at $8,228,904 over the last quarter. 4.33% of the stock is currently owned by company 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.
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