Advisory Services Network LLC Takes $489,000 Position in SentinelOne, Inc. (NYSE:S)

Advisory Services Network LLC acquired a new stake in SentinelOne, Inc. (NYSE:S - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 22,020 shares of the company's stock, valued at approximately $489,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in S. Carnegie Investment Counsel acquired a new stake in shares of SentinelOne in the fourth quarter valued at approximately $7,167,000. Franklin Resources Inc. increased its stake in SentinelOne by 5.5% in the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company's stock valued at $698,000 after buying an additional 1,366 shares during the last quarter. SG Americas Securities LLC increased its stake in SentinelOne by 74.8% in the 4th quarter. SG Americas Securities LLC now owns 57,142 shares of the company's stock valued at $1,269,000 after buying an additional 24,453 shares during the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT lifted its position in SentinelOne by 130.0% during the 4th quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 230,000 shares of the company's stock worth $5,106,000 after buying an additional 130,000 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of SentinelOne by 6.4% during the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock worth $442,000 after buying an additional 1,111 shares during the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on S shares. JPMorgan Chase & Co. lowered their target price on SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. UBS Group lowered their price target on SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Needham & Company LLC cut their price objective on SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a report on Thursday, March 13th. Oppenheimer assumed coverage on shares of SentinelOne in a report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 target price on the stock. Finally, Scotiabank cut their price target on shares of SentinelOne from $26.00 to $19.00 and set a "sector perform" rating for the company in a research note on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $26.14.

Insider Activity at SentinelOne

In other news, insider Ric Smith sold 10,624 shares of SentinelOne stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $210,036.48. Following the transaction, the insider now owns 488,122 shares in the company, valued at approximately $9,650,171.94. This trade represents a 2.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Tomer Weingarten sold 70,642 shares of the business's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total value of $1,710,949.24. Following the transaction, the chief executive officer now directly owns 939,726 shares of the company's stock, valued at $22,760,163.72. This trade represents a 6.99 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 394,991 shares of company stock valued at $8,157,395 over the last quarter. 5.60% of the stock is owned by corporate insiders.

SentinelOne Trading Up 0.9 %

NYSE S traded up $0.15 during midday trading on Tuesday, hitting $16.32. The company had a trading volume of 4,581,965 shares, compared to its average volume of 4,973,798. The company has a market capitalization of $5.38 billion, a PE ratio of -17.36 and a beta of 0.82. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The firm has a 50-day moving average price of $19.30 and a 200-day moving average price of $22.89.

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.