Washington Capital Management Inc. Acquires 4,100 Shares of SentinelOne, Inc. $S

Washington Capital Management Inc. increased its holdings in shares of SentinelOne, Inc. (NYSE:S) by 16.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,300 shares of the company’s stock after acquiring an additional 4,100 shares during the quarter. Washington Capital Management Inc.’s holdings in SentinelOne were worth $517,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of S. California State Teachers Retirement System increased its holdings in SentinelOne by 0.5% in the 4th quarter. California State Teachers Retirement System now owns 259,147 shares of the company’s stock valued at $5,753,000 after buying an additional 1,210 shares during the period. Versant Capital Management Inc grew its holdings in shares of SentinelOne by 510.9% during the 1st quarter. Versant Capital Management Inc now owns 2,297 shares of the company’s stock valued at $42,000 after purchasing an additional 1,921 shares during the last quarter. Moody National Bank Trust Division grew its holdings in shares of SentinelOne by 13.7% during the 1st quarter. Moody National Bank Trust Division now owns 10,540 shares of the company’s stock valued at $192,000 after purchasing an additional 1,270 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of SentinelOne by 11,049.7% during the 1st quarter. GAMMA Investing LLC now owns 35,233 shares of the company’s stock valued at $641,000 after purchasing an additional 34,917 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of SentinelOne by 94.0% during the 1st quarter. Parallel Advisors LLC now owns 1,944 shares of the company’s stock valued at $35,000 after purchasing an additional 942 shares during the last quarter. 90.87% of the stock is owned by institutional investors.

SentinelOne Stock Performance

Shares of NYSE S opened at $18.17 on Monday. The company has a market capitalization of $6.06 billion, a P/E ratio of -13.77 and a beta of 0.78. SentinelOne, Inc. has a 52-week low of $15.36 and a 52-week high of $29.29. The company’s 50 day moving average price is $17.95 and its 200-day moving average price is $18.22.

Insider Activity

In other news, CAO Robin Tomasello sold 8,508 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $18.69, for a total value of $159,014.52. Following the transaction, the chief accounting officer owned 297,536 shares in the company, valued at approximately $5,560,947.84. The trade was a 2.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tomer Weingarten sold 162,794 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $18.38, for a total transaction of $2,992,153.72. Following the completion of the transaction, the chief executive officer owned 1,298,982 shares in the company, valued at $23,875,289.16. This trade represents a 11.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 340,753 shares of company stock worth $6,195,217 over the last quarter. Company insiders own 4.33% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on S shares. Scotiabank lifted their price target on shares of SentinelOne from $18.00 to $21.00 and gave the company a “sector perform” rating in a report on Friday, August 29th. Wells Fargo & Company boosted their target price on shares of SentinelOne from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. Citigroup reissued a “neutral” rating on shares of SentinelOne in a report on Tuesday, September 16th. Guggenheim reissued a “buy” rating and set a $28.00 target price on shares of SentinelOne in a report on Friday, August 29th. Finally, Rosenblatt Securities began coverage on shares of SentinelOne in a report on Friday, July 18th. They set a “buy” rating and a $24.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.26.

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.