49,579 Shares in SentinelOne, Inc. (NYSE:S) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new position in SentinelOne, Inc. (NYSE:S - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 49,579 shares of the company's stock, valued at approximately $1,101,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC boosted 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 worth $27,000 after buying an additional 556 shares in the last quarter. Avion Wealth acquired a new position in shares of SentinelOne in the fourth quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new position in shares of SentinelOne during the fourth quarter valued at approximately $33,000. Arlington Trust Co LLC acquired a new stake in SentinelOne during the fourth quarter worth approximately $33,000. Finally, Modus Advisors LLC purchased a new stake in SentinelOne in the 4th quarter worth approximately $48,000. Hedge funds and other institutional investors own 90.87% of the company's stock.

SentinelOne Stock Down 2.6 %

SentinelOne stock traded down $0.51 during trading hours on Thursday, hitting $19.33. 2,353,631 shares of the company traded hands, compared to its average volume of 4,836,623. The firm's 50-day simple moving average is $21.78 and its two-hundred day simple moving average is $23.73. The firm has a market cap of $6.21 billion, a P/E ratio of -20.57 and a beta of 0.78. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29.

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Wall Street Analyst Weigh In

S has been the subject of several research analyst reports. Robert W. Baird dropped their price target on SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Canaccord Genuity Group cut their price target on shares of SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Cantor Fitzgerald dropped their price objective on shares of SentinelOne from $30.00 to $24.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Citigroup reduced their target price on shares of SentinelOne from $28.00 to $27.00 and set a "neutral" rating on the stock in a report on Friday, January 17th. Finally, Morgan Stanley began coverage on SentinelOne in a research note on Tuesday, March 18th. They set an "equal weight" rating and a $20.00 price objective on the stock. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, SentinelOne has an average rating of "Moderate Buy" and a consensus price target of $26.33.

Insider Activity

In related news, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the completion of the sale, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $21,612,038.64. This trade represents a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ric Smith sold 2,341 shares of SentinelOne stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the completion of the sale, the insider now owns 529,118 shares of the company's stock, valued at $12,672,376.10. This trade represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 413,377 shares of company stock worth $8,688,262. 5.60% of the stock is owned by company insiders.

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.