Amundi lowered its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 67.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,702 shares of the company's stock after selling 325,216 shares during the period. Amundi's holdings in SentinelOne were worth $3,571,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its holdings in shares of SentinelOne by 86.6% during 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. Avion Wealth purchased a new position in SentinelOne in the fourth quarter valued at approximately $28,000. Crewe Advisors LLC acquired a new position in SentinelOne during the fourth quarter valued at approximately $33,000. Arlington Trust Co LLC purchased a new stake in SentinelOne during the fourth quarter worth approximately $33,000. Finally, Modus Advisors LLC acquired a new stake in shares of SentinelOne in the fourth quarter worth $48,000. Institutional investors and hedge funds own 90.87% of the company's stock.
Analysts Set New Price Targets
S has been the topic of several recent research reports. Guggenheim restated a "buy" rating and set a $31.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Citigroup cut their price objective on SentinelOne from $28.00 to $27.00 and set a "neutral" rating on the stock in a research report on Friday, January 17th. Needham & Company LLC decreased their target price on SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a research report on Thursday, March 13th. Sanford C. Bernstein lowered their target price on SentinelOne from $32.00 to $30.00 and set an "outperform" rating for the company in a research note on Thursday, December 5th. Finally, Robert W. Baird reduced their price target on SentinelOne from $30.00 to $28.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $26.33.
Check Out Our Latest Stock Analysis on SentinelOne
Insider Transactions at SentinelOne
In related news, insider Ric Smith sold 31,659 shares of the company's stock in a transaction 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 directly owns 477,271 shares in the company, valued at $9,115,876.10. This represents a 6.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Tomer Weingarten sold 10,178 shares of the firm's stock in a transaction on Thursday, February 6th. The shares were 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 $22,740,620.80. The trade was a 1.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 285,477 shares of company stock worth $6,254,346. 5.60% of the stock is currently owned by insiders.
SentinelOne Trading Down 0.4 %
SentinelOne stock traded down $0.08 during mid-day trading on Thursday, reaching $19.37. The company's stock had a trading volume of 3,873,942 shares, compared to its average volume of 4,842,594. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The business has a 50 day moving average price of $22.07 and a 200-day moving average price of $23.87. The firm has a market cap of $6.22 billion, a price-to-earnings ratio of -20.60 and a beta of 0.78.
About SentinelOne
(
Free Report)
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.
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