Third Point Boosts SentinelOne Stake

The cybersecurity company is now the hedge fund’s largest common stock long position.

Dan Loeb, CEO of Third Point. (David Paul Morris/Bloomberg)

Dan Loeb, CEO of Third Point.

(David Paul Morris/Bloomberg)

Third Point continues to add to its position in one of its top performers and one of its most successful private investments.

The multistrategy hedge fund firm headed by Dan Loeb disclosed in a new regulatory filing that on July 14, it acquired 29,289 Class A shares of cybersecurity company SentinelOne for $45 per share.

The

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