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

Hel Ved Capital Management Ltd acquired a new stake in SentinelOne, Inc. (NYSE:S) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 79,800 shares of the company’s stock, valued at approximately $1,772,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of S. MetLife Investment Management LLC grew its stake in shares of SentinelOne by 17.4% during the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock valued at $163,000 after purchasing an additional 1,012 shares during the last quarter. Edgestream Partners L.P. acquired a new position in SentinelOne during the 3rd quarter worth $399,000. State Street Corp boosted its position in SentinelOne by 11.3% in the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company’s stock valued at $121,325,000 after buying an additional 516,244 shares during the last quarter. Wellington Management Group LLP acquired a new stake in shares of SentinelOne in the 3rd quarter valued at $27,000,000. Finally, Public Employees Retirement System of Ohio raised its position in shares of SentinelOne by 12.8% during the third quarter. Public Employees Retirement System of Ohio now owns 109,695 shares of the company’s stock worth $2,624,000 after acquiring an additional 12,413 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Stock Performance

NYSE:S opened at $16.96 on Friday. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $29.29. The company has a market cap of $5.45 billion, a P/E ratio of -18.04 and a beta of 0.78. The stock’s 50-day simple moving average is $21.23 and its 200 day simple moving average is $23.56.

Insider Buying and Selling at SentinelOne

In related news, insider Ric Smith sold 2,341 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total value of $56,066.95. Following the completion of the sale, the insider now directly owns 529,118 shares in the company, valued at approximately $12,672,376.10. This trade represents a 0.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Tomer Weingarten sold 20,186 shares of SentinelOne stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $399,077.22. Following the transaction, the chief executive officer now owns 900,111 shares of the company’s stock, valued at $17,795,194.47. The trade was a 2.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 455,855 shares of company stock worth $9,528,052 over the last ninety days. 5.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

S has been the topic of several recent research reports. UBS Group decreased their price target on SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Cantor Fitzgerald reduced their price objective on shares of SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Piper Sandler dropped their target price on shares of SentinelOne from $32.00 to $28.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Susquehanna cut their price target on SentinelOne from $30.00 to $25.00 and set a “positive” rating on the stock in a research note on Thursday, March 13th. Finally, Barclays decreased their price objective on SentinelOne from $24.00 to $22.00 and set an “equal weight” 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 three have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $26.21.

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.