SentinelOne, Inc. (NYSE:S) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors grew its stake in SentinelOne, Inc. (NYSE:S) by 35.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 210,045 shares of the company’s stock after purchasing an additional 54,652 shares during the period. Captrust Financial Advisors owned approximately 0.07% of SentinelOne worth $5,024,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of SentinelOne by 1.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 124,096 shares of the company’s stock worth $2,968,000 after acquiring an additional 1,797 shares during the period. MetLife Investment Management LLC increased its position in SentinelOne by 17.4% during the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock worth $163,000 after purchasing an additional 1,012 shares during the period. BNP Paribas raised its stake in shares of SentinelOne by 244.4% during the 3rd quarter. BNP Paribas now owns 82,684 shares of the company’s stock worth $1,978,000 after buying an additional 58,679 shares in the last quarter. Bridgewater Associates LP boosted its stake in shares of SentinelOne by 2,814.7% in the third quarter. Bridgewater Associates LP now owns 317,438 shares of the company’s stock valued at $7,593,000 after buying an additional 306,547 shares in the last quarter. Finally, Thematics Asset Management acquired a new position in SentinelOne during the third quarter worth $22,963,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Stock Up 0.4 %

NYSE:S opened at $27.55 on Wednesday. The company has a market cap of $8.74 billion, a P/E ratio of -29.62 and a beta of 0.67. The firm’s 50 day moving average is $26.10 and its two-hundred day moving average is $23.04. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $30.76.

Insider Transactions at SentinelOne

In other news, insider Ric Smith sold 3,135 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total value of $82,293.75. Following the completion of the sale, the insider now owns 582,512 shares of the company’s stock, valued at $15,290,940. This represents a 0.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Tomer Weingarten sold 82,116 shares of the firm’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $21.60, for a total transaction of $1,773,705.60. Following the completion of the transaction, the chief executive officer now directly owns 1,039,497 shares in the company, valued at approximately $22,453,135.20. This represents a 7.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 417,541 shares of company stock worth $10,032,448 in the last ninety days. Insiders own 5.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on S. BTIG Research raised their target price on SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, August 28th. Wells Fargo & Company boosted their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, August 28th. Sanford C. Bernstein dropped their target price on shares of SentinelOne from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, August 28th. Scotiabank boosted their price target on SentinelOne from $18.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 28th. Finally, Piper Sandler raised SentinelOne from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $25.00 to $32.00 in a research note on Monday, October 14th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.04.

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.