Creekmur Asset Management LLC bought a new stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,956 shares of the company's stock, valued at approximately $399,000.
A number of other large investors have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC boosted its holdings in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after buying an additional 556 shares during the period. Avion Wealth purchased a new position in SentinelOne during the 4th quarter worth approximately $28,000. Crewe Advisors LLC purchased a new stake in SentinelOne in the 4th quarter worth about $33,000. Arlington Trust Co LLC purchased a new position in SentinelOne during the 4th quarter valued at about $33,000. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of SentinelOne by 866.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,059 shares of the company's stock valued at $46,000 after purchasing an additional 1,846 shares during the period. 90.87% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages recently commented on S. Needham & Company LLC lowered their price objective on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a research report on Thursday, March 13th. UBS Group dropped their target price on SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Morgan Stanley began coverage on SentinelOne in a report on Tuesday, March 18th. They set an "equal weight" rating and a $20.00 price target for the company. Canaccord Genuity Group reduced their target price on shares of SentinelOne from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Finally, JPMorgan Chase & Co. dropped their price target on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a research note on Monday, March 10th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $26.21.
Check Out Our Latest Analysis on SentinelOne
Insider Activity at SentinelOne
In other SentinelOne news, insider Ric Smith sold 31,659 shares of the firm's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $19.10, for a total transaction of $604,686.90. Following the completion of the transaction, the insider now owns 477,271 shares in the company, valued at $9,115,876.10. This trade represents a 6.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Tomer Weingarten sold 20,186 shares of the company'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 $399,077.22. Following the completion of the sale, the chief executive officer now owns 900,111 shares in the company, valued at approximately $17,795,194.47. This represents a 2.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 455,855 shares of company stock worth $9,528,052. 5.60% of the stock is owned by corporate insiders.
SentinelOne Stock Down 1.4 %
SentinelOne stock traded down $0.24 during trading hours on Monday, hitting $16.67. The stock had a trading volume of 2,802,796 shares, compared to its average volume of 5,042,410. The company has a 50-day moving average of $21.23 and a two-hundred day moving average of $23.55. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The company has a market cap of $5.50 billion, a PE ratio of -17.75 and a beta of 0.82.
About SentinelOne
(
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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