Raymond James Financial Inc. acquired a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,174,846 shares of the company's stock, valued at approximately $26,082,000. Raymond James Financial Inc. owned 0.37% of SentinelOne as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in S. Smartleaf Asset Management LLC lifted 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 acquiring an additional 556 shares during the period. Avion Wealth bought a new position in SentinelOne during the 4th quarter valued at about $28,000. Crewe Advisors LLC bought a new position in SentinelOne during the 4th quarter valued at about $33,000. Arlington Trust Co LLC bought a new position in SentinelOne during the 4th quarter valued at about $33,000. Finally, Modus Advisors LLC bought a new position in SentinelOne during the 4th quarter valued at about $48,000. 90.87% of the stock is owned by institutional investors.
SentinelOne Stock Up 2.3 %
Shares of S stock traded up $0.44 during trading on Tuesday, reaching $19.35. The company's stock had a trading volume of 6,487,247 shares, compared to its average volume of 4,866,321. The business has a fifty day moving average price of $22.19 and a 200-day moving average price of $23.93. The company has a market cap of $6.22 billion, a price-to-earnings ratio of -20.58 and a beta of 0.78. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29.
Insider Transactions at SentinelOne
In related news, insider Ric Smith sold 2,341 shares of the business's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the transaction, the insider now directly owns 529,118 shares in the company, valued at approximately $12,672,376.10. The trade was a 0.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Robin Tomasello sold 6,378 shares of the business's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $19.55, for a total transaction of $124,689.90. Following the transaction, the chief accounting officer now owns 230,685 shares in the company, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 253,818 shares of company stock valued at $5,649,659 over the last 90 days. 5.60% of the stock is owned by corporate insiders.
Analyst Ratings Changes
S has been the subject of several analyst reports. Bank of America cut their price target on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating for the company in a report on Thursday, March 13th. Robert W. Baird cut their price target on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. JPMorgan Chase & Co. cut their price target on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Jefferies Financial Group lowered their price objective on shares of SentinelOne from $30.00 to $25.00 and set a "buy" rating for the company in a research report on Thursday, March 13th. Finally, Guggenheim restated a "buy" rating and issued a $31.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $26.33.
Read Our Latest Stock Report on S
SentinelOne Company Profile
(
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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