IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 100,541 Shares of SentinelOne, Inc. (NYSE:S)

IQ EQ FUND MANAGEMENT IRELAND Ltd lowered its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 31.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 216,844 shares of the company's stock after selling 100,541 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd owned approximately 0.07% of SentinelOne worth $4,814,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of SentinelOne by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company's stock worth $663,366,000 after acquiring an additional 399,056 shares in the last quarter. Sylebra Capital LLC grew its position in SentinelOne by 33.7% during the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company's stock worth $216,451,000 after purchasing an additional 2,282,980 shares in the last quarter. State Street Corp raised its stake in SentinelOne by 11.3% during the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company's stock valued at $121,325,000 after purchasing an additional 516,244 shares during the period. Geode Capital Management LLC lifted its holdings in shares of SentinelOne by 8.6% in the third quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company's stock valued at $107,326,000 after purchasing an additional 355,944 shares in the last quarter. Finally, Atreides Management LP grew its holdings in shares of SentinelOne by 137.3% during the third quarter. Atreides Management LP now owns 3,802,904 shares of the company's stock valued at $90,965,000 after buying an additional 2,200,594 shares in the last quarter. 90.87% of the stock is owned by institutional investors.

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Insider Activity at SentinelOne

In related news, insider Ric Smith sold 14,583 shares of the company'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 sale, the insider now owns 531,459 shares of the company's stock, valued at $12,377,680.11. The trade was a 2.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of the firm's stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the transaction, the chief executive officer now owns 959,682 shares of the company's stock, valued at approximately $21,612,038.64. This represents a 5.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 455,855 shares of company stock worth $9,528,052 over the last three months. Company insiders own 5.60% of the company's stock.

SentinelOne Stock Down 5.4 %

NYSE S traded down $1.01 during midday trading on Monday, hitting $17.83. The company had a trading volume of 1,443,223 shares, compared to its average volume of 4,883,957. The firm has a fifty day simple moving average of $21.71 and a two-hundred day simple moving average of $23.74. The stock has a market cap of $5.73 billion, a price-to-earnings ratio of -18.99 and a beta of 0.78. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29.

Analyst Ratings Changes

A number of equities research analysts have commented on S shares. Morgan Stanley assumed coverage on SentinelOne in a research report on Tuesday, March 18th. They set an "equal weight" rating and a $20.00 price objective for the company. Scotiabank lowered their price objective on shares of SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research report on Thursday, March 13th. UBS Group dropped their price objective on shares of SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Bank of America decreased their target price on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Finally, Citigroup cut their price objective on SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a report on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $26.33.

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.