Teamwork Financial Advisors LLC Invests $1.33 Million in SentinelOne, Inc. $S

Key Points

• Teamwork Financial Advisors LLC acquired 72,845 shares of SentinelOne, Inc. valued at approximately $1,332,000 during the 2nd quarter.
• Vanguard Group, Sylebra Capital, and other large investors have recently increased their stakes in SentinelOne, with institutional investors now owning 90.87% of the company's stock.
• Analysts have issued various ratings for SentinelOne, with a consensus rating of "Moderate Buy" and a target price of approximately $24.26.

Teamwork Financial Advisors LLC acquired a new position in SentinelOne, Inc. (NYSE:S - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 72,845 shares of the company's stock, valued at approximately $1,332,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in S. Massachusetts Financial Services Co. MA boosted its holdings in shares of SentinelOne by 92.3% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,329,905 shares of the company's stock valued at $96,898,000 after buying an additional 2,558,702 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in SentinelOne by 131.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company's stock valued at $79,532,000 after buying an additional 2,483,136 shares in the last quarter. Nuveen LLC purchased a new position in shares of SentinelOne in the 1st quarter worth about $33,628,000. Penserra Capital Management LLC lifted its stake in shares of SentinelOne by 71.8% in the first quarter. Penserra Capital Management LLC now owns 3,378,778 shares of the company's stock worth $61,426,000 after buying an additional 1,411,626 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of SentinelOne by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company's stock worth $567,214,000 after purchasing an additional 1,318,533 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. restated a "neutral" rating and set a $19.00 price target (down from $22.00) on shares of SentinelOne in a research note on Thursday, May 29th. Scotiabank boosted their target price on shares of SentinelOne from $18.00 to $21.00 and gave the stock a "sector perform" rating in a report on Friday, August 29th. Robert W. Baird boosted their target price on SentinelOne from $21.00 to $23.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. BTIG Research reaffirmed a "neutral" rating on shares of SentinelOne in a research note on Monday, August 25th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $24.00 price objective on shares of SentinelOne in a research note on Friday, August 29th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, SentinelOne presently has a consensus rating of "Moderate Buy" and an average price target of $24.26.

Insider Activity

In other news, CEO Tomer Weingarten sold 162,794 shares of the firm's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $18.38, for a total value of $2,992,153.72. Following the completion of the sale, the chief executive officer owned 1,298,982 shares of the company's stock, valued at $23,875,289.16. This trade represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Keenan Michael Conder sold 11,098 shares of the business's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $18.69, for a total transaction of $207,421.62. Following the transaction, the insider owned 579,407 shares in the company, valued at approximately $10,829,116.83. This represents a 1.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 340,753 shares of company stock valued at $6,195,217. Corporate insiders own 4.33% of the company's stock.

SentinelOne Stock Down 2.3%

SentinelOne stock traded down $0.42 during mid-day trading on Tuesday, hitting $17.88. 7,167,762 shares of the company's stock traded hands, compared to its average volume of 7,171,975. The company has a market cap of $5.96 billion, a PE ratio of -13.55 and a beta of 0.78. The firm has a 50 day moving average price of $17.83 and a 200 day moving average price of $18.27. SentinelOne, Inc. has a one year low of $15.36 and a one year high of $29.29.

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.