Envestnet Asset Management Inc. Has $1.55 Million Holdings in SentinelOne, Inc. (NYSE:S)

Envestnet Asset Management Inc. increased its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 105.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,959 shares of the company's stock after acquiring an additional 35,829 shares during the quarter. Envestnet Asset Management Inc.'s holdings in SentinelOne were worth $1,553,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in SentinelOne by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company's stock valued at $663,366,000 after purchasing an additional 399,056 shares during the last quarter. Geode Capital Management LLC increased its stake in SentinelOne by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 4,555,878 shares of the company's stock valued at $101,175,000 after purchasing an additional 70,282 shares during the period. Norges Bank purchased a new stake in shares of SentinelOne in the fourth quarter valued at about $73,528,000. Massachusetts Financial Services Co. MA grew its holdings in shares of SentinelOne by 17.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,771,203 shares of the company's stock worth $61,521,000 after buying an additional 412,138 shares during the last quarter. Finally, Swedbank AB increased its position in SentinelOne by 8.0% in the 4th quarter. Swedbank AB now owns 2,700,000 shares of the company's stock valued at $59,940,000 after acquiring an additional 200,000 shares during the period. 90.87% of the stock is owned by hedge funds and other institutional investors.

SentinelOne Trading Up 0.2 %

S stock traded up $0.05 during trading on Thursday, hitting $18.55. The company had a trading volume of 3,099,487 shares, compared to its average volume of 4,986,790. The business has a 50 day moving average of $18.65 and a 200 day moving average of $22.63. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of -19.73 and a beta of 0.82. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on S. Susquehanna lowered their target price on shares of SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a report on Thursday, March 13th. Needham & Company LLC dropped their target price on SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a research report on Thursday, March 13th. Roth Capital set a $26.00 target price on SentinelOne and gave the stock a "buy" rating in a research note on Tuesday, April 22nd. Scotiabank cut their price objective on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating for the company in a research report on Thursday, March 13th. Finally, UBS Group cut their price target on shares of SentinelOne from $25.00 to $19.00 and set a "neutral" rating for the company in a report on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, twenty have given a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.13.

Insiders Place Their Bets

In other SentinelOne news, CAO Robin Tomasello sold 1,496 shares of the business's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $29,575.92. Following the sale, the chief accounting officer now owns 233,484 shares in the company, valued at approximately $4,615,978.68. The trade was a 0.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tomer Weingarten sold 10,178 shares of the firm's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $243,763.10. Following the completion of the transaction, the chief executive officer now owns 949,504 shares of the company's stock, valued at approximately $22,740,620.80. The trade was a 1.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 502,136 shares of company stock worth $9,896,262. 5.60% of the stock is owned by corporate insiders.

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.