Eaton Financial Holdings Company LLC bought a new position in shares of SentinelOne, Inc. (NYSE:S – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 29,504 shares of the company’s stock, valued at approximately $443,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Allworth Financial LP raised its position in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares during the period. Strategic Advocates LLC acquired a new stake in shares of SentinelOne during the third quarter worth $26,000. Danske Bank A S acquired a new position in SentinelOne during the third quarter valued at $26,000. Assetmark Inc. raised its position in SentinelOne by 700.8% during the fourth 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 period. Finally, MAI Capital Management raised its position in SentinelOne by 121.2% during the third 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 period. 90.87% of the stock is owned by institutional investors and hedge funds.
SentinelOne Trading Down 3.4%
NYSE:S opened at $17.92 on Thursday. 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 $14.84 and its 200 day moving average price is $14.74. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of -13.18 and a beta of 0.78.
Insider Transactions at SentinelOne
In other SentinelOne news, insider Ana G. Pinczuk sold 32,396 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $13.37, for a total value of $433,134.52. Following the transaction, the insider directly owned 603,650 shares of the company’s stock, valued at $8,070,800.50. This represents a 5.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Tomer Weingarten sold 231,664 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $15.32, for a total value of $3,549,092.48. Following the completion of the transaction, the chief executive officer directly owned 2,012,771 shares in the company, valued at approximately $30,835,651.72. The trade was a 10.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 527,586 shares of company stock valued at $7,638,793. 4.27% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
S has been the topic of several recent analyst reports. Sanford C. Bernstein set a $19.00 price target on SentinelOne and gave the company an “outperform” rating in a research report on Friday, March 13th. Wells Fargo & Company upped their price target on SentinelOne from $14.00 to $16.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. dropped their price target on SentinelOne from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. The Goldman Sachs Group dropped their price target on SentinelOne from $16.50 to $14.50 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Finally, Canaccord Genuity Group dropped their price target on SentinelOne from $23.00 to $17.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.66.
Get Our Latest Analysis on SentinelOne
About SentinelOne
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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