Virtu Financial LLC boosted its holdings in SentinelOne, Inc. (NYSE:S – Free Report) by 347.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,886 shares of the company’s stock after buying an additional 62,795 shares during the quarter. Virtu Financial LLC’s holdings in SentinelOne were worth $1,213,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of S. Allworth Financial LP grew its stake in shares of SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 726 shares during the period. Strategic Advocates LLC bought a new position in SentinelOne during the third quarter valued at approximately $26,000. Danske Bank A S bought a new position in SentinelOne during the third quarter valued at approximately $26,000. Assetmark Inc. boosted its holdings in SentinelOne by 700.8% in the fourth quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after purchasing an additional 1,668 shares during the last quarter. Finally, MAI Capital Management boosted its holdings in SentinelOne by 121.2% in the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.
SentinelOne Trading Down 0.1%
Shares of S stock opened at $15.01 on Friday. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $21.40. The stock has a market cap of $5.15 billion, a P/E ratio of -15.63 and a beta of 0.83. The company has a 50 day simple moving average of $15.61 and a two-hundred day simple moving average of $14.68.
Analysts Set New Price Targets
A number of brokerages have weighed in on S. Cantor Fitzgerald boosted their target price on shares of SentinelOne from $18.00 to $24.00 and gave the company an “overweight” rating in a research note on Wednesday, May 27th. Wolfe Research set a $20.00 price target on SentinelOne in a research note on Friday, May 29th. DA Davidson cut their price objective on SentinelOne from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Oppenheimer upped their price objective on SentinelOne from $18.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $15.50 target price on shares of SentinelOne in a report on Friday, May 29th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.67.
Read Our Latest Research Report on SentinelOne
Insider Activity at SentinelOne
In other SentinelOne news, CFO Barry L. Padgett sold 32,221 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 $430,794.77. Following the completion of the sale, the chief financial officer owned 643,650 shares in the company, valued at $8,605,600.50. This represents a 4.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Ana G. Pinczuk sold 32,396 shares of the firm’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 completion of the transaction, the insider directly owned 603,650 shares in the company, valued at $8,070,800.50. This trade represents a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 611,110 shares of company stock worth $9,006,475. Corporate insiders own 4.27% of the company’s stock.
SentinelOne Company 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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