Hel Ved Capital Management Ltd Invests $1.77 Million in SentinelOne, Inc. (NYSE:S)

Hel Ved Capital Management Ltd acquired a new position in SentinelOne, Inc. (NYSE:S - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 79,800 shares of the company's stock, valued at approximately $1,772,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. ExodusPoint Capital Management LP bought a new stake in shares of SentinelOne in the 4th quarter valued at $4,733,000. Creekmur Asset Management LLC bought a new position in shares of SentinelOne in the 4th quarter worth about $399,000. Bryce Point Capital LLC acquired a new position in shares of SentinelOne in the 4th quarter valued at about $1,680,000. Massachusetts Financial Services Co. MA grew its stake in SentinelOne by 17.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,771,203 shares of the company's stock worth $61,521,000 after purchasing an additional 412,138 shares during the period. Finally, Geode Capital Management LLC increased its holdings in SentinelOne by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 4,555,878 shares of the company's stock worth $101,175,000 after purchasing an additional 70,282 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Westpark Capital lowered their price objective on shares of SentinelOne from $34.00 to $31.00 and set a "buy" rating for the company in a research note on Tuesday, March 11th. Susquehanna dropped their price objective on shares of SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a report on Thursday, March 13th. Canaccord Genuity Group decreased their target price on SentinelOne from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Thursday, March 13th. UBS Group cut their price target on SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Finally, Jefferies Financial Group decreased their price objective on SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a report on Monday, March 31st. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $26.21.

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Insider Buying and Selling

In other SentinelOne news, CEO Tomer Weingarten sold 10,178 shares of the business's 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 $243,763.10. Following the completion of the sale, the chief executive officer now owns 949,504 shares in the company, valued at approximately $22,740,620.80. The trade was a 1.06 % 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 31,659 shares of the firm's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total transaction of $604,686.90. Following the completion of the transaction, the insider now owns 477,271 shares in the company, valued at $9,115,876.10. This represents a 6.22 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 394,991 shares of company stock worth $8,157,395. Corporate insiders own 5.60% of the company's stock.

SentinelOne Stock Down 8.1 %

Shares of S stock traded down $1.53 during trading on Thursday, hitting $17.31. The company had a trading volume of 3,241,856 shares, compared to its average volume of 5,135,749. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of -18.42 and a beta of 0.82. The stock's 50-day moving average is $20.58 and its two-hundred day moving average is $23.32.

About SentinelOne

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.