Captrust Financial Advisors Grows Stock Position in SentinelOne, Inc. (NYSE:S)

Captrust Financial Advisors grew its position in shares of SentinelOne, Inc. (NYSE:S) by 35.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 210,045 shares of the company’s stock after purchasing an additional 54,652 shares during the period. Captrust Financial Advisors’ holdings in SentinelOne were worth $5,024,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. KBC Group NV boosted its holdings in SentinelOne by 778.0% in the third quarter. KBC Group NV now owns 65,455 shares of the company’s stock valued at $1,566,000 after purchasing an additional 58,000 shares during the last quarter. NorthRock Partners LLC purchased a new position in shares of SentinelOne during the 3rd quarter valued at approximately $5,227,000. Charles Schwab Investment Management Inc. grew its position in shares of SentinelOne by 55.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock worth $62,129,000 after buying an additional 921,572 shares in the last quarter. Sycomore Asset Management increased its stake in shares of SentinelOne by 40.4% in the second quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock worth $5,537,000 after buying an additional 83,060 shares during the last quarter. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT acquired a new stake in SentinelOne in the third quarter valued at $2,392,000. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Price Performance

Shares of NYSE:S opened at $27.55 on Wednesday. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The stock has a market cap of $8.74 billion, a price-to-earnings ratio of -29.62 and a beta of 0.67. The stock’s 50 day moving average price is $26.10 and its 200 day moving average price is $23.04.

Insider Buying and Selling

In other SentinelOne news, insider Ric Smith sold 3,135 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total transaction of $82,293.75. Following the sale, the insider now directly owns 582,512 shares of the company’s stock, valued at $15,290,940. The trade was a 0.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Tomer Weingarten sold 70,655 shares of SentinelOne stock in a transaction on Monday, November 11th. The shares were sold at an average price of $27.63, for a total value of $1,952,197.65. Following the transaction, the chief executive officer now owns 1,019,541 shares in the company, valued at $28,169,917.83. This represents a 6.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 417,541 shares of company stock worth $10,032,448 in the last ninety days. 5.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

S has been the subject of several research analyst reports. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $25.00 to $32.00 in a research report on Monday, October 14th. Citigroup increased their target price on SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, August 28th. Wedbush raised SentinelOne to a “strong-buy” rating in a research report on Thursday, October 17th. DA Davidson lifted their price objective on shares of SentinelOne from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Finally, JMP Securities reissued a “market outperform” rating and set a $33.00 target price on shares of SentinelOne in a report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.04.

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.