Brooklyn FI LLC Has $3.57 Million Holdings in SentinelOne, Inc. (NYSE:S)

Brooklyn FI LLC boosted its holdings in shares of SentinelOne, Inc. (NYSE:S) by 1,688.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 161,000 shares of the company’s stock after acquiring an additional 152,000 shares during the period. Brooklyn FI LLC owned approximately 0.05% of SentinelOne worth $3,574,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in S. Champlain Investment Partners LLC acquired a new stake in shares of SentinelOne during the third quarter worth $80,604,000. Sylebra Capital LLC raised its stake in shares of SentinelOne by 33.7% in the 3rd quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock valued at $216,451,000 after purchasing an additional 2,282,980 shares during the period. Atreides Management LP lifted its holdings in shares of SentinelOne by 137.3% in the third quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock valued at $90,965,000 after purchasing an additional 2,200,594 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of SentinelOne during the fourth quarter worth about $26,082,000. Finally, Wellington Management Group LLP bought a new position in shares of SentinelOne during the third quarter worth about $27,000,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

S has been the subject of a number of recent research reports. Piper Sandler reduced their price target on SentinelOne from $32.00 to $28.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Needham & Company LLC reduced their target price on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, March 13th. UBS Group lowered their price target on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. JPMorgan Chase & Co. reduced their price objective on shares of SentinelOne from $33.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, March 10th. Finally, Wells Fargo & Company lowered their target price on SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and a consensus price target of $26.33.

SentinelOne Trading Up 2.3 %

SentinelOne stock opened at $19.35 on Wednesday. The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of -20.58 and a beta of 0.78. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The stock’s 50 day moving average is $22.13 and its 200-day moving average is $23.90.

Insider Transactions at SentinelOne

In other news, insider Ric Smith sold 20,188 shares of SentinelOne stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $394,675.40. Following the completion of the sale, the insider now directly owns 508,930 shares in the company, valued at approximately $9,949,581.50. The trade was a 3.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tomer Weingarten sold 70,642 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24. Following the transaction, the chief executive officer now owns 939,726 shares in the company, valued at approximately $22,760,163.72. This trade represents a 6.99 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 253,818 shares of company stock valued at $5,649,659. 5.60% of the stock is currently 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.