Clearbridge Investments LLC Has $56.67 Million Stock Holdings in SentinelOne, Inc. (NYSE:S)

Clearbridge Investments LLC lifted its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 0.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,552,471 shares of the company's stock after purchasing an additional 15,711 shares during the quarter. Clearbridge Investments LLC owned about 0.79% of SentinelOne worth $56,665,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its position in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after acquiring an additional 556 shares in the last quarter. Bullseye Asset Management LLC lifted its position in shares of SentinelOne by 1.5% during the third quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company's stock worth $1,605,000 after purchasing an additional 1,000 shares in the last quarter. MetLife Investment Management LLC boosted its stake in shares of SentinelOne by 17.4% in the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company's stock valued at $163,000 after purchasing an additional 1,012 shares during the period. Legato Capital Management LLC grew its holdings in SentinelOne by 8.1% during the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock valued at $304,000 after purchasing an additional 1,022 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in SentinelOne by 48.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock valued at $73,000 after purchasing an additional 1,067 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

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Analyst Upgrades and Downgrades

S has been the topic of a number of recent analyst reports. Needham & Company LLC cut their target price on SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a research report on Thursday, March 13th. Morgan Stanley assumed coverage on shares of SentinelOne in a research note on Tuesday, March 18th. They set an "equal weight" rating and a $20.00 price objective on the stock. JPMorgan Chase & Co. decreased their price objective on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Stephens initiated coverage on shares of SentinelOne in a research note on Tuesday. They issued an "overweight" rating and a $25.00 target price on the stock. Finally, Cantor Fitzgerald decreased their price target on SentinelOne from $30.00 to $24.00 and set an "overweight" 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 company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $26.21.

Insider Activity at SentinelOne

In related news, CFO Barbara A. Larson sold 10,172 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $201,100.44. Following the transaction, the chief financial officer now directly owns 473,223 shares of the company's stock, valued at approximately $9,355,618.71. This trade represents a 2.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tomer Weingarten sold 60,864 shares of the company's stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total value of $1,370,657.28. Following the sale, the chief executive officer now directly owns 959,682 shares of the company's stock, valued at $21,612,038.64. The trade was a 5.96 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 455,855 shares of company stock valued at $9,528,052. 5.60% of the stock is owned by corporate insiders.

SentinelOne Stock Performance

Shares of NYSE:S traded up $0.22 during midday trading on Wednesday, hitting $18.83. 2,789,687 shares of the stock were exchanged, compared to its average volume of 4,891,047. The business's fifty day simple moving average is $21.45 and its two-hundred day simple moving average is $23.65. SentinelOne, Inc. has a 52-week low of $14.33 and a 52-week high of $29.29. The company has a market capitalization of $6.05 billion, a PE ratio of -20.03 and a beta of 0.78.

About SentinelOne

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.