Amalgamated Bank Grows Position in SentinelOne, Inc. (NYSE:S)

Amalgamated Bank boosted its position in shares of SentinelOne, Inc. (NYSE:SFree Report) by 16.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,282 shares of the company’s stock after acquiring an additional 5,947 shares during the quarter. Amalgamated Bank’s holdings in SentinelOne were worth $1,160,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Victory Capital Management Inc. raised its position in shares of SentinelOne by 25.7% during the 4th quarter. Victory Capital Management Inc. now owns 31,447 shares of the company’s stock worth $863,000 after acquiring an additional 6,431 shares in the last quarter. Van ECK Associates Corp acquired a new stake in shares of SentinelOne during the 4th quarter worth about $1,831,000. Pursue Wealth Partners LLC acquired a new stake in shares of SentinelOne during the 4th quarter worth about $205,000. Russell Investments Group Ltd. raised its position in shares of SentinelOne by 185.1% during the 4th quarter. Russell Investments Group Ltd. now owns 226,944 shares of the company’s stock worth $6,227,000 after acquiring an additional 147,333 shares in the last quarter. Finally, Sycomore Asset Management raised its position in shares of SentinelOne by 103.5% during the 4th quarter. Sycomore Asset Management now owns 128,214 shares of the company’s stock worth $3,555,000 after acquiring an additional 65,214 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on S. BTIG Research raised shares of SentinelOne from a “neutral” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Monday, January 22nd. Loop Capital upped their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, March 14th. Bank of America raised shares of SentinelOne from a “neutral” rating to a “buy” rating and upped their price target for the stock from $26.50 to $35.00 in a research note on Wednesday, February 14th. JMP Securities reissued a “market outperform” rating and issued a $33.00 price objective on shares of SentinelOne in a research note on Monday, April 1st. Finally, Sanford C. Bernstein increased their price objective on shares of SentinelOne from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, March 14th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, SentinelOne currently has a consensus rating of “Hold” and a consensus target price of $26.08.

Get Our Latest Analysis on S

Insider Buying and Selling at SentinelOne

In related news, CFO David J. Bernhardt sold 2,631 shares of the firm’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $21.26, for a total transaction of $55,935.06. Following the transaction, the chief financial officer now directly owns 532,380 shares in the company, valued at $11,318,398.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other SentinelOne news, CFO David J. Bernhardt sold 7,342 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $27.25, for a total value of $200,069.50. Following the sale, the chief financial officer now directly owns 546,232 shares in the company, valued at $14,884,822. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David J. Bernhardt sold 2,631 shares of SentinelOne stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $21.26, for a total transaction of $55,935.06. Following the sale, the chief financial officer now owns 532,380 shares in the company, valued at $11,318,398.80. The disclosure for this sale can be found here. Insiders sold 370,855 shares of company stock valued at $8,535,409 over the last 90 days. 5.93% of the stock is owned by corporate insiders.

SentinelOne Trading Up 0.1 %

Shares of S stock opened at $21.59 on Wednesday. SentinelOne, Inc. has a 1-year low of $12.43 and a 1-year high of $30.76. The firm’s 50-day simple moving average is $22.57 and its 200-day simple moving average is $23.41.

SentinelOne (NYSE:SGet Free Report) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.02. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The firm had revenue of $174.18 million for the quarter, compared to analyst estimates of $169.40 million. During the same quarter last year, the firm posted ($0.30) earnings per share. SentinelOne’s revenue for the quarter was up 38.1% compared to the same quarter last year. On average, equities research analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current 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.

See Also

Institutional Ownership by Quarter for SentinelOne (NYSE:S)

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