79,800 Shares in SentinelOne, Inc. (NYSE:S) Purchased by Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd acquired a new stake in shares of SentinelOne, Inc. (NYSE:S) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 79,800 shares of the company’s stock, valued at approximately $1,772,000.

A number of other hedge funds also recently bought and sold shares of S. Smartleaf Asset Management LLC boosted its position in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after buying an additional 556 shares during the period. Avion Wealth acquired a new stake in SentinelOne during the 4th quarter worth about $28,000. Crewe Advisors LLC acquired a new stake in SentinelOne during the 4th quarter worth about $33,000. Arlington Trust Co LLC purchased a new position in SentinelOne during the 4th quarter valued at about $33,000. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of SentinelOne by 866.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,059 shares of the company’s stock valued at $46,000 after purchasing an additional 1,846 shares during the period. 90.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on S. Morgan Stanley started coverage on shares of SentinelOne in a research report on Tuesday, March 18th. They set an “equal weight” rating and a $20.00 price objective on the stock. Needham & Company LLC lowered their price target on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Wells Fargo & Company cut their price objective on SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, March 13th. Canaccord Genuity Group lowered their target price 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, Piper Sandler cut their price target on SentinelOne from $32.00 to $28.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $26.21.

SentinelOne Stock Down 5.3 %

Shares of S opened at $16.96 on Friday. The stock’s 50-day moving average price is $21.23 and its 200 day moving average price is $23.56. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The firm has a market capitalization of $5.45 billion, a price-to-earnings ratio of -18.04 and a beta of 0.78.

Insider Buying and Selling

In other news, insider Ric Smith sold 31,659 shares of the stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total value of $604,686.90. Following the completion of the transaction, the insider now directly owns 477,271 shares of the company’s stock, valued at approximately $9,115,876.10. This represents a 6.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 920,297 shares of the company’s stock, valued at $17,642,093.49. This trade represents a 6.20 % decrease in their position. 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 over the last ninety days. 5.60% of the stock is owned by company insiders.

SentinelOne Company 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.