Public Employees Retirement System of Ohio Boosts Stake in SentinelOne, Inc. $S

Public Employees Retirement System of Ohio boosted its holdings in SentinelOne, Inc. (NYSE:S) by 3.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 90,464 shares of the company’s stock after acquiring an additional 3,359 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in SentinelOne were worth $1,654,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in S. Vanguard Group Inc. grew its position in SentinelOne by 4.4% during the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock worth $567,214,000 after buying an additional 1,318,533 shares during the period. Sylebra Capital LLC grew its holdings in shares of SentinelOne by 10.0% in the 1st quarter. Sylebra Capital LLC now owns 10,573,052 shares of the company’s stock worth $192,218,000 after acquiring an additional 959,771 shares during the period. Voya Investment Management LLC increased its stake in SentinelOne by 2.9% in the 1st quarter. Voya Investment Management LLC now owns 8,077,074 shares of the company’s stock valued at $146,841,000 after purchasing an additional 229,230 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in SentinelOne by 92.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,329,905 shares of the company’s stock worth $96,898,000 after purchasing an additional 2,558,702 shares during the last quarter. Finally, Champlain Investment Partners LLC boosted its position in SentinelOne by 12.3% during the first quarter. Champlain Investment Partners LLC now owns 5,090,042 shares of the company’s stock worth $92,537,000 after purchasing an additional 555,748 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on S. DA Davidson lifted their price target on SentinelOne from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Friday, August 29th. Cantor Fitzgerald restated an “overweight” rating and set a $24.00 target price on shares of SentinelOne in a research report on Friday, August 29th. Robert W. Baird increased their price target on shares of SentinelOne from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Wells Fargo & Company increased their price target on shares of SentinelOne from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Friday, August 29th. Finally, Sanford C. Bernstein increased their price target on shares of SentinelOne from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, SentinelOne has a consensus rating of “Moderate Buy” and an average price target of $24.26.

SentinelOne Price Performance

Shares of NYSE:S opened at $17.97 on Friday. The firm has a market capitalization of $5.99 billion, a PE ratio of -13.61 and a beta of 0.76. The business has a 50-day moving average of $17.77 and a two-hundred day moving average of $18.19. SentinelOne, Inc. has a 12 month low of $15.36 and a 12 month high of $29.29.

Insider Transactions at SentinelOne

In other SentinelOne news, insider Keenan Michael Conder sold 11,098 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $18.69, for a total transaction of $207,421.62. Following the completion of the sale, the insider directly owned 579,407 shares in the company, valued at $10,829,116.83. This represents a 1.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Ric Smith sold 23,520 shares of the company’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $18.07, for a total value of $425,006.40. Following the sale, the insider owned 928,021 shares of the company’s stock, valued at $16,769,339.47. This represents a 2.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 340,753 shares of company stock valued at $6,195,217. Insiders own 4.33% 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.