SentinelOne, Inc. (NYSE:S) Shares Sold by Rakuten Securities Inc.

Rakuten Securities Inc. decreased its position in shares of SentinelOne, Inc. (NYSE:S) by 79.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,404 shares of the company’s stock after selling 28,058 shares during the period. Rakuten Securities Inc.’s holdings in SentinelOne were worth $164,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in S. Smartleaf Asset Management LLC increased its holdings in shares of SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after purchasing an additional 556 shares during the period. Avion Wealth acquired a new position in SentinelOne in the 4th quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new stake in SentinelOne in the 4th quarter worth approximately $33,000. Arlington Trust Co LLC acquired a new position in shares of SentinelOne in the fourth quarter worth $33,000. Finally, Modus Advisors LLC purchased a new stake in shares of SentinelOne during the fourth quarter worth $48,000. 90.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on S. Barclays cut their price target on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating for the company in a research note on Tuesday. Morgan Stanley reduced their target price on shares of SentinelOne from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. Susquehanna raised their price target on shares of SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. Jefferies Financial Group upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price objective for the stock from $27.00 to $30.00 in a report on Thursday, December 19th. Finally, Citigroup reduced their price target on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $28.78.

SentinelOne Stock Performance

SentinelOne stock opened at $19.33 on Thursday. The stock has a market capitalization of $6.21 billion, a price-to-earnings ratio of -20.56 and a beta of 0.78. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $29.29. The stock’s 50 day moving average price is $22.50 and its two-hundred day moving average price is $24.10.

Insider Activity

In other SentinelOne news, insider Ric Smith sold 2,341 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the transaction, the insider now owns 529,118 shares in the company, valued at approximately $12,672,376.10. This represents a 0.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Robin Tomasello sold 6,378 shares of SentinelOne stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $124,689.90. Following the transaction, the chief accounting officer now owns 230,685 shares of the company’s stock, valued at $4,509,891.75. This represents a 2.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 314,682 shares of company stock worth $7,094,571. Company insiders own 5.60% 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.