G2 Investment Partners Management LLC Reduces Holdings in SentinelOne, Inc. (NYSE:S)

G2 Investment Partners Management LLC cut its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 66.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 114,164 shares of the company's stock after selling 224,676 shares during the period. G2 Investment Partners Management LLC's holdings in SentinelOne were worth $2,534,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in S. Guggenheim Capital LLC increased its stake in SentinelOne by 1.4% in the 4th quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock valued at $764,000 after buying an additional 478 shares during the period. Smartleaf Asset Management LLC raised its holdings in SentinelOne by 86.6% in 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. Legato Capital Management LLC lifted its position in shares of SentinelOne by 8.1% during the fourth quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock worth $304,000 after purchasing an additional 1,022 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of SentinelOne by 48.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock worth $73,000 after buying an additional 1,067 shares during the last quarter. Finally, CoreCap Advisors LLC increased its stake in SentinelOne by 35.6% during the fourth quarter. CoreCap Advisors LLC now owns 4,388 shares of the company's stock valued at $97,000 after purchasing an additional 1,153 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Robert W. Baird reduced their price objective on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. Wells Fargo & Company reduced their price objective on shares of SentinelOne from $30.00 to $22.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Susquehanna dropped their target price on SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a report on Thursday, March 13th. Jefferies Financial Group dropped their price objective on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Finally, Stephens began coverage on SentinelOne in a report on Tuesday, April 1st. They issued an "overweight" rating and a $25.00 price objective on the stock. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.13.

SentinelOne Stock Performance

S traded up $0.98 during trading hours on Monday, reaching $20.13. The company's stock had a trading volume of 5,221,446 shares, compared to its average volume of 5,008,327. The company's 50-day moving average is $18.41 and its 200-day moving average is $22.20. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The firm has a market cap of $6.63 billion, a PE ratio of -21.41 and a beta of 0.81.

Insider Activity at SentinelOne

In related news, CAO Robin Tomasello sold 6,378 shares of SentinelOne stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $19.55, for a total transaction of $124,689.90. Following the transaction, the chief accounting officer now owns 230,685 shares of the company's stock, valued at $4,509,891.75. The trade was a 2.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Tomer Weingarten sold 81,619 shares of the business's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $19.59, for a total value of $1,598,916.21. Following the completion of the transaction, the chief executive officer now directly owns 879,494 shares in the company, valued at approximately $17,229,287.46. This represents a 8.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 503,140 shares of company stock valued at $9,847,149 over the last ninety days. 5.60% of the stock is owned by corporate insiders.

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.