SentinelOne, Inc. $S Shares Purchased by AQR Capital Management LLC

AQR Capital Management LLC increased its position in shares of SentinelOne, Inc. (NYSE:S) by 119.4% during the first quarter, Holdings Channel.com reports. The fund owned 2,216,753 shares of the company’s stock after acquiring an additional 1,206,594 shares during the quarter. AQR Capital Management LLC’s holdings in SentinelOne were worth $39,392,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of S. Point72 Asset Management L.P. acquired a new stake in shares of SentinelOne during the 4th quarter valued at $63,120,000. Massachusetts Financial Services Co. MA increased its stake in SentinelOne by 92.3% in the 1st 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 in the last quarter. Nuveen LLC purchased a new position in SentinelOne in the 1st quarter worth about $33,628,000. Penserra Capital Management LLC increased its stake in SentinelOne by 71.8% in the 1st quarter. Penserra Capital Management LLC now owns 3,378,778 shares of the company’s stock worth $61,426,000 after purchasing an additional 1,411,626 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in SentinelOne by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock worth $567,214,000 after purchasing an additional 1,318,533 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insider Transactions at SentinelOne

In related news, CEO Tomer Weingarten sold 31,916 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $17.31, for a total value of $552,465.96. Following the completion of the sale, the chief executive officer directly owned 1,500,460 shares in the company, valued at approximately $25,972,962.60. The trade was a 2.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Robin Tomasello sold 2,921 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $17.31, for a total value of $50,562.51. Following the completion of the sale, the chief accounting officer owned 306,044 shares of the company’s stock, valued at approximately $5,297,621.64. This trade represents a 0.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 71,634 shares of company stock worth $1,230,432. 4.33% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on S. Guggenheim reissued a “buy” rating and issued a $28.00 price target on shares of SentinelOne in a research note on Friday, August 29th. UBS Group lifted their price target on SentinelOne from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Friday, August 29th. Bank of America reissued a “neutral” rating and issued a $21.00 price target on shares of SentinelOne in a research note on Thursday, May 29th. Wells Fargo & Company lifted their target price on SentinelOne from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Friday, August 29th. Finally, Rosenblatt Securities began coverage on SentinelOne in a research note on Friday, July 18th. They set a “buy” rating and a $24.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, SentinelOne has a consensus rating of “Moderate Buy” and a consensus target price of $24.29.

SentinelOne Trading Up 3.0%

NYSE S opened at $18.70 on Monday. The company has a market capitalization of $6.24 billion, a PE ratio of -14.17 and a beta of 0.78. The firm’s fifty day simple moving average is $17.85 and its 200-day simple moving average is $18.40. SentinelOne, Inc. has a 1-year low of $15.36 and a 1-year high of $29.29.

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.