Zurcher Kantonalbank Zurich Cantonalbank Acquires 30,554 Shares of SentinelOne, Inc. (NYSE:S)

Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in SentinelOne, Inc. (NYSE:S) by 24.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 154,650 shares of the company’s stock after buying an additional 30,554 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in SentinelOne were worth $3,433,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its position in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after purchasing an additional 556 shares in the last quarter. Avion Wealth bought a new stake in shares of SentinelOne in the fourth quarter valued at about $28,000. Crewe Advisors LLC purchased a new stake in SentinelOne in the fourth quarter worth about $33,000. Arlington Trust Co LLC bought a new position in SentinelOne during the 4th quarter worth about $33,000. Finally, Modus Advisors LLC purchased a new position in SentinelOne during the 4th quarter valued at about $48,000. 90.87% of the stock is owned by institutional investors.

SentinelOne Price Performance

Shares of SentinelOne stock opened at $18.56 on Friday. The stock has a market cap of $5.96 billion, a PE ratio of -19.74 and a beta of 0.78. The firm has a fifty day moving average price of $22.27 and a 200 day moving average price of $23.97. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

Wall Street Analysts Forecast Growth

S has been the topic of a number of recent research reports. UBS Group dropped their price objective on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. cut their price target on SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Westpark Capital decreased their price objective on SentinelOne from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. Sanford C. Bernstein cut their target price on SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Finally, Canaccord Genuity Group reduced their target price on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating for the company in a report on Thursday. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $26.59.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $22.75, for a total value of $331,763.25. Following the completion of the transaction, the insider now owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. The trade was a 2.67 % 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 stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total transaction of $1,710,949.24. Following the sale, the chief executive officer now directly owns 939,726 shares in the company, valued at approximately $22,760,163.72. The trade was a 6.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 253,818 shares of company stock worth $5,649,659. Insiders own 5.60% of the company’s stock.

SentinelOne Company 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.