EFG Asset Management North America Corp. Has $2.61 Million Position in SentinelOne, Inc. (NYSE:S)

EFG Asset Management North America Corp. boosted its position in SentinelOne, Inc. (NYSE:S) by 58.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,748 shares of the company’s stock after purchasing an additional 43,340 shares during the quarter. EFG Asset Management North America Corp.’s holdings in SentinelOne were worth $2,613,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in S. Vanguard Group Inc. grew its position in shares of SentinelOne by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company’s stock worth $663,366,000 after purchasing an additional 399,056 shares in the last quarter. Sylebra Capital LLC grew its position in SentinelOne by 33.7% during the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after buying an additional 2,282,980 shares in the last quarter. State Street Corp grew its position in SentinelOne by 11.3% during the third quarter. State Street Corp now owns 5,072,097 shares of the company’s stock worth $121,325,000 after buying an additional 516,244 shares in the last quarter. Geode Capital Management LLC increased its stake in SentinelOne by 8.6% during the 3rd quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company’s stock worth $107,326,000 after acquiring an additional 355,944 shares during the period. Finally, Atreides Management LP raised its holdings in SentinelOne by 137.3% in the 3rd quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock valued at $90,965,000 after acquiring an additional 2,200,594 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 81,619 shares of SentinelOne stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $19.59, for a total value of $1,598,916.21. Following the completion of the sale, the chief executive officer now directly owns 879,494 shares in the company, valued at approximately $17,229,287.46. The trade was a 8.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ric Smith sold 2,341 shares of the stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $56,066.95. Following the transaction, the insider now owns 529,118 shares in the company, valued at $12,672,376.10. The trade was a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 427,960 shares of company stock worth $9,020,025 over the last three months. 5.60% of the stock is owned by company insiders.

SentinelOne Price Performance

Shares of S stock opened at $20.17 on Wednesday. The stock has a market capitalization of $6.48 billion, a PE ratio of -21.46 and a beta of 0.78. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29. The business’s 50 day simple moving average is $21.87 and its 200 day simple moving average is $23.79.

Analyst Ratings Changes

S has been the topic of a number of recent analyst reports. 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. Cantor Fitzgerald decreased their target price on shares of SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Bank of America cut their price target on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, March 13th. Oppenheimer assumed coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price objective for the company. Finally, Westpark Capital cut their target price on SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.33.

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.