G2 Investment Partners Management LLC Has $2.53 Million Stock Position in SentinelOne, Inc. (NYSE:S)

G2 Investment Partners Management LLC reduced its stake in shares of SentinelOne, Inc. (NYSE:S) by 66.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,164 shares of the company’s stock after selling 224,676 shares during the quarter. G2 Investment Partners Management LLC’s holdings in SentinelOne were worth $2,534,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Frontier Capital Management Co. LLC bought a new position in shares of SentinelOne during the 4th quarter worth about $5,970,000. Deutsche Bank AG lifted its stake in SentinelOne by 122.3% during the fourth quarter. Deutsche Bank AG now owns 873,853 shares of the company’s stock worth $19,400,000 after purchasing an additional 480,755 shares during the period. Eminence Capital LP boosted its holdings in SentinelOne by 6.4% during the fourth quarter. Eminence Capital LP now owns 6,533,894 shares of the company’s stock valued at $145,052,000 after purchasing an additional 392,986 shares in the last quarter. CoreCap Advisors LLC grew its stake in shares of SentinelOne by 35.6% in the 4th quarter. CoreCap Advisors LLC now owns 4,388 shares of the company’s stock valued at $97,000 after purchasing an additional 1,153 shares during the period. Finally, Crestline Management LP acquired a new position in shares of SentinelOne in the 4th quarter worth approximately $1,459,000. 90.87% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Ric Smith sold 14,584 shares of SentinelOne stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total transaction of $305,680.64. Following the completion of the transaction, the insider now directly owns 529,118 shares of the company’s stock, valued at approximately $11,090,313.28. The trade was a 2.68 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Tomer Weingarten sold 10,336 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $18.54, for a total value of $191,629.44. Following the completion of the sale, the chief executive officer now owns 1,571,060 shares in the company, valued at approximately $29,127,452.40. The trade was a 0.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 503,140 shares of company stock valued at $9,847,149. Corporate insiders own 5.60% of the company’s stock.

Wall Street Analyst Weigh In

S has been the subject of several recent research reports. Citigroup dropped their target price on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Cantor Fitzgerald dropped their target price on SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Wells Fargo & Company lowered their price objective on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Morgan Stanley cut their price target on SentinelOne from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. Finally, Jefferies Financial Group decreased their target price on shares of SentinelOne from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Monday, March 31st. Seven research analysts have rated the stock with a hold rating, twenty have issued a buy rating and four have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $26.13.

SentinelOne Stock Up 2.0 %

Shares of SentinelOne stock opened at $19.42 on Friday. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The stock’s 50-day simple moving average is $18.42 and its 200-day simple moving average is $22.33. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of -20.66 and a beta of 0.81.

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.