Sylebra Capital LLC Has $213.42 Million Position in SentinelOne, Inc. (NYSE:S)

Sylebra Capital LLC lifted its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 6.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,613,281 shares of the company's stock after purchasing an additional 564,327 shares during the period. SentinelOne comprises 5.9% of Sylebra Capital LLC's holdings, making the stock its 7th biggest position. Sylebra Capital LLC owned 2.99% of SentinelOne worth $213,415,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its position in SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after buying an additional 556 shares during the period. Avion Wealth purchased a new position in SentinelOne during the fourth quarter valued at $28,000. Arlington Trust Co LLC purchased a new position in SentinelOne during the fourth quarter valued at $33,000. Crewe Advisors LLC purchased a new position in SentinelOne during the fourth quarter valued at $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in SentinelOne during the fourth quarter valued at $38,000. Institutional investors own 90.87% of the company's stock.

Analyst Ratings Changes

S has been the topic of several research reports. Cantor Fitzgerald reissued an "overweight" rating and issued a $24.00 price target on shares of SentinelOne in a research note on Friday, May 23rd. Piper Sandler reduced their target price on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Bank of America reduced their target price on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Westpark Capital reduced their target price on shares of SentinelOne from $34.00 to $31.00 and set a "buy" rating on the stock in a research note on Tuesday, March 11th. Finally, Guggenheim reiterated a "buy" rating and set a $28.00 price target on shares of SentinelOne in a research report on Wednesday, May 21st. Seven research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $26.10.

Insider Buying and Selling at SentinelOne

In related news, insider Ric Smith sold 10,624 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $210,036.48. Following the transaction, the insider now directly owns 488,122 shares in the company, valued at $9,650,171.94. This trade represents a 2.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Tomer Weingarten sold 10,336 shares of the firm's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $18.54, for a total value of $191,629.44. Following the completion of the sale, the chief executive officer now owns 1,571,060 shares in the company, valued at $29,127,452.40. The trade was a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 417,914 shares of company stock worth $7,830,519. Corporate insiders own 4.33% of the company's stock.

SentinelOne Trading Down 1.3%

S stock traded down $0.26 on Wednesday, hitting $19.83. The company's stock had a trading volume of 2,920,290 shares, compared to its average volume of 5,030,288. The stock has a market cap of $6.54 billion, a price-to-earnings ratio of -21.09 and a beta of 0.81. The firm has a 50 day moving average of $18.60 and a two-hundred day moving average of $21.73. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

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.