15,924 Shares in SentinelOne, Inc. (NYSE:S) Acquired by Argent Trust Co

Argent Trust Co bought a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,924 shares of the company's stock, valued at approximately $354,000.

Several other large investors also recently bought and sold shares of S. State Street Corp raised its position in SentinelOne by 11.3% during the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company's stock worth $121,325,000 after buying an additional 516,244 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of SentinelOne by 12.8% during the third quarter. Public Employees Retirement System of Ohio now owns 109,695 shares of the company's stock worth $2,624,000 after purchasing an additional 12,413 shares during the last quarter. Barclays PLC lifted its position in SentinelOne by 121.9% during the third quarter. Barclays PLC now owns 325,215 shares of the company's stock valued at $7,779,000 after purchasing an additional 178,685 shares during the period. M&T Bank Corp boosted its holdings in SentinelOne by 42.8% in the third quarter. M&T Bank Corp now owns 14,583 shares of the company's stock valued at $349,000 after purchasing an additional 4,370 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of SentinelOne by 8.6% in the third quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company's stock worth $107,326,000 after buying an additional 355,944 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company's stock.

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SentinelOne Trading Down 1.7 %

SentinelOne stock traded down $0.29 during trading on Wednesday, hitting $17.08. The company had a trading volume of 3,237,591 shares, compared to its average volume of 4,965,235. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of -18.17 and a beta of 0.82. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The company's 50 day simple moving average is $19.93 and its 200-day simple moving average is $23.09.

Analyst Ratings Changes

A number of brokerages have weighed in on S. Citigroup decreased their price objective on shares of SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Friday, January 17th. Scotiabank dropped their price target on shares of SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research note on Thursday, March 13th. Morgan Stanley dropped their target price on shares of SentinelOne from $20.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Wednesday. Bank of America reduced their price target on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday, March 13th. Finally, Stephens initiated coverage on SentinelOne in a report on Tuesday, April 1st. They issued an "overweight" rating and a $25.00 price objective on the stock. Seven 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 company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.14.

Insider Transactions at SentinelOne

In other news, CEO Tomer Weingarten sold 10,178 shares of the company's stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $243,763.10. Following the sale, the chief executive officer now owns 949,504 shares of the company's stock, valued at approximately $22,740,620.80. This represents a 1.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ric Smith sold 10,624 shares of SentinelOne stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $210,036.48. Following the completion of the transaction, the insider now owns 488,122 shares of the company's stock, valued at approximately $9,650,171.94. This trade represents a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 394,991 shares of company stock worth $8,157,395 over the last ninety days. Company insiders own 5.60% of the company's stock.

SentinelOne 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.