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486,373 Shares in SentinelOne, Inc. (NYSE:S) Bought by Edgestream Partners L.P.

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Edgestream Partners L.P. bought a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 486,373 shares of the company's stock, valued at approximately $8,842,000. Edgestream Partners L.P. owned approximately 0.15% of SentinelOne at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Guggenheim Capital LLC lifted its holdings in SentinelOne by 1.4% during the 4th quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock worth $764,000 after buying an additional 478 shares during the period. Laird Norton Wetherby Wealth Management LLC boosted its holdings in SentinelOne by 4.6% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company's stock valued at $365,000 after acquiring an additional 724 shares during the last quarter. Parallel Advisors LLC raised its holdings in SentinelOne by 94.0% during the 1st quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock worth $35,000 after purchasing an additional 942 shares during the last quarter. Liberty One Investment Management LLC lifted its position in shares of SentinelOne by 11.1% in the 1st quarter. Liberty One Investment Management LLC now owns 9,435 shares of the company's stock worth $172,000 after purchasing an additional 944 shares during the period. Finally, Jones Financial Companies Lllp lifted its position in shares of SentinelOne by 48.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock worth $73,000 after purchasing an additional 1,067 shares during the period. Institutional investors own 90.87% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Roth Mkm assumed coverage on SentinelOne in a research report on Wednesday, April 23rd. They issued a "buy" rating and a $26.00 target price for the company. Barclays reduced their price target on shares of SentinelOne from $21.00 to $19.00 and set an "equal weight" rating for the company in a research report on Thursday, May 29th. Guggenheim restated a "buy" rating and set a $28.00 price objective on shares of SentinelOne in a report on Wednesday, May 21st. Susquehanna reduced their price objective on shares of SentinelOne from $25.00 to $24.00 and set a "positive" rating for the company in a report on Thursday, May 29th. Finally, Roth Capital set a $26.00 target price on shares of SentinelOne and gave the stock a "buy" rating in a report on Tuesday, April 22nd. Ten investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, SentinelOne currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.83.

Check Out Our Latest Analysis on S

Insiders Place Their Bets

In other SentinelOne news, insider Ric Smith sold 27,481 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $18.28, for a total transaction of $502,352.68. Following the completion of the transaction, the insider owned 1,030,544 shares of the company's stock, valued at $18,838,344.32. This trade represents a 2.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Keenan Michael Conder sold 11,097 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $18.28, for a total value of $202,853.16. Following the transaction, the insider owned 596,332 shares of the company's stock, valued at approximately $10,900,948.96. This represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 197,347 shares of company stock valued at $3,464,807 over the last ninety days. Company insiders own 4.33% of the company's stock.

SentinelOne Stock Performance

Shares of S traded up $0.51 during trading hours on Monday, hitting $17.80. The stock had a trading volume of 5,547,822 shares, compared to its average volume of 5,306,513. The firm has a market capitalization of $5.92 billion, a price-to-earnings ratio of -13.48 and a beta of 0.77. The firm has a 50-day moving average price of $18.56 and a 200 day moving average price of $19.92. SentinelOne, Inc. has a fifty-two week low of $15.36 and a fifty-two week high of $29.29.

SentinelOne (NYSE:S - Get Free Report) last announced its earnings results on Wednesday, May 28th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. SentinelOne had a negative net margin of 49.36% and a negative return on equity of 15.95%. The business had revenue of $229.03 million for the quarter, compared to analyst estimates of $228.39 million. The business's revenue for the quarter was up 22.9% on a year-over-year basis. As a group, analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

SentinelOne Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SentinelOne (NYSE:S)

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