Washington Capital Management Inc. Buys 4,100 Shares of SentinelOne, Inc. $S

Washington Capital Management Inc. lifted its stake in shares of SentinelOne, Inc. (NYSE:S) by 16.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,300 shares of the company’s stock after acquiring an additional 4,100 shares during the period. Washington Capital Management Inc.’s holdings in SentinelOne were worth $517,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. CENTRAL TRUST Co acquired a new position in SentinelOne during the first quarter worth $26,000. GAMMA Investing LLC boosted its holdings in SentinelOne by 513.3% during the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company’s stock worth $35,000 after purchasing an additional 1,622 shares during the last quarter. Parallel Advisors LLC boosted its holdings in SentinelOne by 94.0% during the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company’s stock worth $35,000 after purchasing an additional 942 shares during the last quarter. Versant Capital Management Inc boosted its holdings in SentinelOne by 510.9% during the first quarter. Versant Capital Management Inc now owns 2,297 shares of the company’s stock worth $42,000 after purchasing an additional 1,921 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new position in SentinelOne during the first quarter worth $73,000. Institutional investors own 90.87% of the company’s stock.

Insider Activity at SentinelOne

In other news, insider Keenan Michael Conder sold 11,098 shares of the firm’s stock in a transaction dated 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 owned 579,407 shares in the company, valued at approximately $10,829,116.83. This trade represents a 1.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ric Smith sold 23,520 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $18.07, for a total transaction of $425,006.40. Following the sale, the insider owned 928,021 shares of the company’s stock, valued at approximately $16,769,339.47. This represents a 2.47% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 340,753 shares of company stock worth $6,195,217. 4.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Sanford C. Bernstein increased their target price on shares of SentinelOne from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Rosenblatt Securities assumed coverage on shares of SentinelOne in a report on Friday, July 18th. They set a “buy” rating and a $24.00 target price for the company. BTIG Research restated a “neutral” rating on shares of SentinelOne in a report on Monday, August 25th. Guggenheim reiterated a “buy” rating and issued a $28.00 price target on shares of SentinelOne in a research note on Friday, August 29th. Finally, Needham & Company LLC increased their price target on shares of SentinelOne from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and an average price target of $24.26.

SentinelOne Stock Performance

NYSE S opened at $18.17 on Monday. The firm has a 50-day moving average of $17.95 and a 200-day moving average of $18.22. The stock has a market cap of $6.06 billion, a PE ratio of -13.77 and a beta of 0.78. SentinelOne, Inc. has a 52-week low of $15.36 and a 52-week high of $29.29.

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.