Edmond DE Rothschild Holding S.A. Purchases 5,765 Shares of SentinelOne, Inc. (NYSE:S)

Edmond DE Rothschild Holding S.A. increased its holdings in shares of SentinelOne, Inc. (NYSE:S) by 39.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,357 shares of the company’s stock after acquiring an additional 5,765 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in SentinelOne were worth $452,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of S. Smartleaf Asset Management LLC raised its position in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 556 shares during the last quarter. Avion Wealth acquired a new stake in SentinelOne in the fourth quarter worth about $28,000. Crewe Advisors LLC bought a new stake in SentinelOne during the 4th quarter worth about $33,000. Arlington Trust Co LLC bought a new position in shares of SentinelOne in the 4th quarter valued at about $33,000. Finally, CIBC Private Wealth Group LLC grew its position in shares of SentinelOne by 866.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,059 shares of the company’s stock worth $46,000 after buying an additional 1,846 shares during the period. Institutional investors own 90.87% of the company’s stock.

SentinelOne Stock Performance

S opened at $18.60 on Wednesday. The company has a market capitalization of $5.98 billion, a P/E ratio of -19.78 and a beta of 0.78. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The stock has a fifty day moving average of $21.54 and a 200-day moving average of $23.68.

Insider Buying and Selling at SentinelOne

In other news, CAO Robin Tomasello sold 6,378 shares of the business’s 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 $124,689.90. Following the completion of the transaction, the chief accounting officer now directly owns 230,685 shares in the company, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the sale, the chief executive officer now owns 959,682 shares in the company, valued at $21,612,038.64. This represents a 5.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 455,855 shares of company stock valued at $9,528,052 in the last three months. Corporate insiders own 5.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on S. Jefferies Financial Group cut their price target on SentinelOne from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday. JPMorgan Chase & Co. cut their price target on shares of SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. Morgan Stanley assumed coverage on shares of SentinelOne in a report on Tuesday, March 18th. They issued an “equal weight” rating and a $20.00 target price on the stock. Susquehanna decreased their price target on shares of SentinelOne from $30.00 to $25.00 and set a “positive” rating for the company in a report on Thursday, March 13th. Finally, Cantor Fitzgerald dropped their price objective on SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Seven analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.21.

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.