SentinelOne, Inc. (NYSE:S) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lowered its position in shares of SentinelOne, Inc. (NYSE:S) by 0.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 808,798 shares of the company’s stock after selling 3,529 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.25% of SentinelOne worth $19,346,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its position in shares of SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after purchasing an additional 434 shares in the last quarter. Sugarloaf Wealth Management LLC grew its position in shares of SentinelOne by 56.0% in the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after purchasing an additional 700 shares in the last quarter. Archford Capital Strategies LLC grew its position in shares of SentinelOne by 1.8% in the second quarter. Archford Capital Strategies LLC now owns 45,861 shares of the company’s stock valued at $965,000 after purchasing an additional 790 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of SentinelOne by 4.0% in the third quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock valued at $553,000 after purchasing an additional 898 shares in the last quarter. Finally, Straight Path Wealth Management grew its position in shares of SentinelOne by 4.9% in the second quarter. Straight Path Wealth Management now owns 21,500 shares of the company’s stock valued at $453,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 38,607 shares of SentinelOne stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $880,239.60. Following the completion of the sale, the chief executive officer now directly owns 1,060,749 shares of the company’s stock, valued at $24,185,077.20. The trade was a 3.51 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Ric Smith sold 14,584 shares of SentinelOne stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $22.99, for a total value of $335,286.16. Following the sale, the insider now directly owns 636,699 shares of the company’s stock, valued at $14,637,710.01. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 432,125 shares of company stock worth $10,367,734 over the last ninety days. Corporate insiders own 5.60% of the company’s stock.

SentinelOne Trading Down 0.5 %

Shares of NYSE S opened at $27.95 on Monday. The stock has a market cap of $8.87 billion, a P/E ratio of -30.05 and a beta of 0.65. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $30.76. The business’s fifty day simple moving average is $26.03 and its 200-day simple moving average is $23.00.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on S. Loop Capital increased their price objective on SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, August 28th. Citigroup increased their price objective on SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 28th. Sanford C. Bernstein lowered their price objective on SentinelOne from $37.00 to $32.00 and set an “outperform” rating for the company in a research report on Wednesday, August 28th. Piper Sandler upgraded SentinelOne from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $25.00 to $32.00 in a research report on Monday, October 14th. Finally, DA Davidson increased their price objective on SentinelOne from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $28.96.

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.