Bryce Point Capital LLC purchased a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 75,673 shares of the company's stock, valued at approximately $1,680,000.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Smartleaf Asset Management LLC grew its position 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 buying an additional 556 shares during the last quarter. Avion Wealth purchased a new stake in shares of SentinelOne in the 4th quarter valued at about $28,000. Crewe Advisors LLC acquired a new stake in shares of SentinelOne in the 4th quarter valued at about $33,000. Arlington Trust Co LLC purchased a new position in SentinelOne during the 4th quarter worth approximately $33,000. Finally, CIBC Private Wealth Group LLC increased its position in SentinelOne by 866.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,059 shares of the company's stock worth $46,000 after buying an additional 1,846 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. Jefferies Financial Group decreased their price target on shares of SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a research note on Monday, March 31st. UBS Group reduced their target price on shares of SentinelOne from $25.00 to $19.00 and set a "neutral" rating for the company in a research note on Thursday, March 13th. Barclays cut their price target on shares of SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a report on Tuesday, March 11th. JPMorgan Chase & Co. lowered their price objective on SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Finally, Robert W. Baird cut their target price on SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $26.21.
Check Out Our Latest Stock Report on S
SentinelOne Trading Down 1.4 %
Shares of NYSE S traded down $0.24 during trading on Monday, reaching $16.67. The company had a trading volume of 2,802,796 shares, compared to its average volume of 5,042,410. The stock has a market capitalization of $5.50 billion, a PE ratio of -17.75 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 stock has a 50-day moving average price of $21.23 and a two-hundred day moving average price of $23.55.
Insider Buying and Selling at SentinelOne
In related news, insider Ric Smith sold 10,624 shares of the business's stock in a transaction that occurred 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 sale, the insider now directly owns 488,122 shares in the company, valued at approximately $9,650,171.94. The trade was a 2.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 70,642 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total transaction of $1,710,949.24. Following the transaction, the chief executive officer now directly owns 939,726 shares in the company, valued at approximately $22,760,163.72. This represents a 6.99 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 455,855 shares of company stock worth $9,528,052. Corporate insiders own 5.60% of the company's stock.
SentinelOne Profile
(
Free Report)
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.
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