SentinelOne, Inc. (NYSE:S) Shares Bought by Brooklyn FI LLC

Brooklyn FI LLC raised its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 1,688.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,000 shares of the company's stock after purchasing an additional 152,000 shares during the period. Brooklyn FI LLC owned 0.05% of SentinelOne worth $3,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Xponance Inc. grew its stake in shares of SentinelOne by 11.4% during the fourth quarter. Xponance Inc. now owns 16,081 shares of the company's stock valued at $357,000 after buying an additional 1,640 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of SentinelOne by 10.3% during the fourth quarter. Harbour Investments Inc. now owns 13,166 shares of the company's stock valued at $292,000 after buying an additional 1,225 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of SentinelOne by 55.9% during the fourth quarter. Corient Private Wealth LLC now owns 310,211 shares of the company's stock valued at $6,887,000 after buying an additional 111,281 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of SentinelOne by 15.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 44,405 shares of the company's stock valued at $986,000 after buying an additional 6,076 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its stake in shares of SentinelOne by 68.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 10,748 shares of the company's stock valued at $241,000 after buying an additional 4,363 shares during the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

Wall Street Analyst Weigh In

S has been the topic of a number of analyst reports. Guggenheim reaffirmed a "buy" rating and set a $31.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Susquehanna dropped their price objective on SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a research note on Thursday, March 13th. Oppenheimer initiated coverage on SentinelOne in a research note on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 price objective on the stock. Sanford C. Bernstein dropped their price objective on SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Finally, Scotiabank dropped their price objective on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research note on Thursday, March 13th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $26.33.

SentinelOne Trading Down 0.5 %

Shares of S traded down $0.10 during midday trading on Friday, hitting $19.27. 8,164,786 shares of the company's stock traded hands, compared to its average volume of 4,850,012. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29. The firm's fifty day moving average is $21.94 and its 200-day moving average is $23.82. The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of -20.50 and a beta of 0.78.

Insider Activity

In related news, CEO Tomer Weingarten sold 60,864 shares of the firm's stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total value of $1,370,657.28. Following the completion of the transaction, the chief executive officer now owns 959,682 shares in the company, valued at $21,612,038.64. This trade represents a 5.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Ric Smith sold 2,341 shares of the firm's stock in a transaction 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 completion of the transaction, the insider now owns 529,118 shares of the company's stock, valued at $12,672,376.10. This trade represents a 0.44 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 367,096 shares of company stock worth $7,853,262. Insiders own 5.60% of the company's stock.

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.