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$SFET: Safe-T Group Featured as #10 in Insider Mon

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Post# of 36122
(Total Views: 270)
Posted On: 11/15/2021 2:16:41 PM
Posted By: Spotlight-Growth
$SFET: Safe-T Group Featured as #10 in Insider Monkey Article "10 Best Cybersecurity Stocks Under $10"

From the Insider Monkey article:

Best Cybersecurity Stocks Under $10

10. Safe-T Group Ltd (NASDAQ:SFET)

Number of Hedge Fund Holders: 1

Share Price as of November 11: $1.17

Safe-T Group Ltd (NASDAQ:SFET) is an Israeli firm that markets intelligent data collection and cybersecurity services. Some of these services include VPN networks, a centralized multi-factor authentication system, and secure file access programs. On October 12, the firm released preliminary revenue guidance for the third quarter, saying it expected revenue to be in excess of $3.2 million, up 125% year-on-year.

On September 23, Alliance Global Partners analyst Brian Kinstlinger had initiated coverage of Safe-T Group Ltd (NASDAQ:SFET) stock with a Buy rating and a price target of $2, noting that new web security solutions of the firm had seamless integration capabilities.

Among the hedge funds being tracked by Insider Monkey, New York-based firm Renaissance Technologies is a leading shareholder in Safe-T Group Ltd (NASDAQ:SFET) with 267,785 shares worth more than $399,000.

Just like Palantir Technologies Inc. (NYSE LTR), NortonLifeLock Inc. (NASDAQ:NLOK), Check Point Software Technologies Ltd. (NASDAQ:CHKP), Cloudflare, Inc. (NYSE:NET), CrowdStrike Holdings, Inc. (NASDAQ:CRWD), and Okta, Inc. (NASDAQ:OKTA), Safe-T Group Ltd (NASDAQ:SFET) is one of the stocks on the radar of elite investors.

https://bit.ly/3FkkYSs

Link to full article: https://finance.yahoo.com/news/10-best-cybers...59933.html


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