Groupe la Francaise Has $1.06 Million Stock Position in SentinelOne, Inc. $S

Groupe la Francaise cut its position in SentinelOne, Inc. (NYSE:S) by 59.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,470 shares of the company’s stock after selling 87,400 shares during the quarter. Groupe la Francaise’s holdings in SentinelOne were worth $1,064,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of S. Atlantic Union Bankshares Corp bought a new stake in SentinelOne during the second quarter valued at about $29,000. First Horizon Advisors Inc. lifted its position in shares of SentinelOne by 287.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,439 shares of the company’s stock worth $45,000 after purchasing an additional 1,810 shares during the last quarter. Foster Dykema Cabot & Partners LLC boosted its stake in SentinelOne by 66.7% during the 2nd quarter. Foster Dykema Cabot & Partners LLC now owns 3,007 shares of the company’s stock valued at $55,000 after purchasing an additional 1,203 shares during the period. Trifecta Capital Advisors LLC bought a new stake in SentinelOne during the 2nd quarter valued at approximately $77,000. Finally, AlphaQuest LLC acquired a new stake in SentinelOne in the 2nd quarter valued at approximately $115,000. Institutional investors own 90.87% of the company’s stock.

SentinelOne Price Performance

S opened at $16.95 on Friday. The company has a market capitalization of $5.65 billion, a P/E ratio of -12.84 and a beta of 0.76. The firm’s fifty day moving average price is $17.00 and its two-hundred day moving average price is $17.71. SentinelOne, Inc. has a fifty-two week low of $15.17 and a fifty-two week high of $26.64.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Sanford C. Bernstein upped their price target on SentinelOne from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Morgan Stanley reaffirmed a “positive” rating on shares of SentinelOne in a research report on Tuesday, September 2nd. Barclays cut their target price on shares of SentinelOne from $21.00 to $18.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 19th. Weiss Ratings restated a “sell (d-)” rating on shares of SentinelOne in a research report on Tuesday. Finally, JMP Securities restated a “market outperform” rating and set a $29.00 price objective on shares of SentinelOne in a report on Tuesday, September 9th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.81.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 90,100 shares of SentinelOne stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $16.47, for a total transaction of $1,483,947.00. Following the sale, the chief executive officer directly owned 1,251,780 shares of the company’s stock, valued at approximately $20,616,816.60. The trade was a 6.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Robin Tomasello sold 3,476 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $16.56, for a total value of $57,562.56. Following the completion of the sale, the chief accounting officer owned 294,060 shares in the company, valued at approximately $4,869,633.60. This represents a 1.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 481,090 shares of company stock worth $8,637,206 in the last 90 days. 4.33% of the stock is currently owned by insiders.

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.