EFG Asset Management North America Corp. Has $2.61 Million Holdings in SentinelOne, Inc. (NYSE:S)

EFG Asset Management North America Corp. lifted its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 58.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,748 shares of the company's stock after buying an additional 43,340 shares during the quarter. EFG Asset Management North America Corp.'s holdings in SentinelOne were worth $2,613,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of S. Smartleaf Asset Management LLC increased its holdings in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after acquiring an additional 556 shares in the last quarter. Avion Wealth acquired a new stake in SentinelOne during the 4th quarter valued at $28,000. Crewe Advisors LLC acquired a new position in shares of SentinelOne in the fourth quarter worth $33,000. Arlington Trust Co LLC acquired a new position in SentinelOne in the 4th quarter valued at about $33,000. Finally, Modus Advisors LLC acquired a new position in SentinelOne in the fourth quarter valued at $48,000. Hedge funds and other institutional investors own 90.87% of the company's stock.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the company's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $19.17, for a total value of $1,166,762.88. Following the sale, the chief executive officer now directly owns 920,297 shares in the company, valued at $17,642,093.49. This represents a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Ric Smith sold 10,624 shares of SentinelOne stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $210,036.48. Following the transaction, the insider now directly owns 488,122 shares of the company's stock, valued at $9,650,171.94. This represents a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 455,855 shares of company stock valued at $9,528,052 in the last quarter. Corporate insiders own 5.60% of the company's stock.

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SentinelOne Stock Performance

Shares of S traded down $0.51 during trading hours on Friday, reaching $18.84. 2,779,489 shares of the company traded hands, compared to its average volume of 4,897,488. The stock's fifty day moving average is $21.71 and its 200 day moving average is $23.73. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The stock has a market cap of $6.05 billion, a P/E ratio of -20.04 and a beta of 0.78.

Wall Street Analyst Weigh In

S has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their target price on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. Sanford C. Bernstein lowered their price objective on SentinelOne from $32.00 to $30.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. Piper Sandler decreased their target price on SentinelOne from $32.00 to $28.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Canaccord Genuity Group reduced their price objective on SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Finally, Robert W. Baird lowered their target price on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Seven equities research 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 MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $26.33.

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.