Altshuler Shaham Ltd Makes New $699,000 Investment in SentinelOne, Inc. (NYSE:S)

Altshuler Shaham Ltd bought a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 31,500 shares of the company's stock, valued at approximately $699,000.

Other large investors have also recently bought and sold shares of the company. Guggenheim Capital LLC lifted its stake in shares of SentinelOne by 1.4% in the 4th quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock valued at $764,000 after purchasing an additional 478 shares during the period. Smartleaf Asset Management LLC raised its holdings in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after purchasing an additional 556 shares during the period. Legato Capital Management LLC boosted its position in SentinelOne by 8.1% during the fourth quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock worth $304,000 after purchasing an additional 1,022 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in SentinelOne by 48.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock valued at $73,000 after purchasing an additional 1,067 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of SentinelOne by 6.4% in the third quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock valued at $442,000 after buying an additional 1,111 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company's stock.

SentinelOne Trading Up 2.5 %

S stock traded up $0.41 during trading on Tuesday, reaching $16.58. The stock had a trading volume of 1,358,440 shares, compared to its average volume of 4,954,868. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The firm has a fifty day moving average price of $19.47 and a 200 day moving average price of $22.94. The company has a market capitalization of $5.47 billion, a P/E ratio of -17.65 and a beta of 0.82.

Insider Activity

In other news, insider Ric Smith sold 14,583 shares of the firm's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $23.29, for a total value of $339,638.07. Following the transaction, the insider now directly owns 531,459 shares in the company, valued at approximately $12,377,680.11. This trade represents a 2.67 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 70,642 shares of the business's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $24.22, for a total transaction of $1,710,949.24. Following the sale, the chief executive officer now directly owns 939,726 shares of the company's stock, valued at approximately $22,760,163.72. This represents a 6.99 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 394,991 shares of company stock worth $8,157,395. 5.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. JPMorgan Chase & Co. cut their target price on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. UBS Group decreased their target price on SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Morgan Stanley dropped their price target on SentinelOne from $20.00 to $18.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Scotiabank decreased their price objective on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a report on Thursday, March 13th. Finally, Canaccord Genuity Group lowered their target price on shares of SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, SentinelOne has a consensus rating of "Moderate Buy" and an average target price of $26.14.

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.