Great Lakes Advisors LLC Acquires 520,545 Shares of SentinelOne, Inc. (NYSE:S)

Great Lakes Advisors LLC boosted its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 643.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 601,498 shares of the company's stock after acquiring an additional 520,545 shares during the quarter. Great Lakes Advisors LLC owned 0.19% of SentinelOne worth $13,353,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in S. Smartleaf Asset Management LLC lifted its position in shares of 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 buying an additional 556 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of SentinelOne by 4.0% during the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company's stock worth $553,000 after buying an additional 898 shares in the last quarter. Bullseye Asset Management LLC lifted its position in shares of SentinelOne by 1.5% during the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company's stock worth $1,605,000 after buying an additional 1,000 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of SentinelOne by 17.4% during the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company's stock worth $163,000 after buying an additional 1,012 shares in the last quarter. Finally, Legato Capital Management LLC lifted its position in shares of SentinelOne by 8.1% during the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock worth $304,000 after buying an additional 1,022 shares in the last quarter. Institutional investors own 90.87% of the company's stock.

Insider Activity

In other news, CEO Tomer Weingarten sold 39,477 shares of the business's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $771,775.35. Following the completion of the transaction, the chief executive officer now directly owns 900,249 shares in the company, valued at $17,599,867.95. The trade was a 4.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ric Smith sold 20,188 shares of the business's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $394,675.40. Following the transaction, the insider now owns 508,930 shares of the company's stock, valued at $9,949,581.50. This trade represents a 3.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 314,682 shares of company stock worth $7,094,571 in the last three months. Corporate insiders own 5.60% of the company's stock.

SentinelOne Price Performance

S opened at $19.33 on Thursday. The company has a fifty day moving average price of $22.50 and a 200-day moving average price of $24.10. The firm has a market capitalization of $6.21 billion, a P/E ratio of -20.56 and a beta of 0.78. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29.

Analyst Upgrades and Downgrades

Several research firms have commented on S. Cantor Fitzgerald began coverage on shares of SentinelOne in a research report on Thursday, January 9th. They set an "overweight" rating and a $30.00 target price on the stock. Guggenheim restated a "buy" rating and set a $31.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Robert W. Baird decreased their price target on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research note on Tuesday. Sanford C. Bernstein decreased their price target on shares of SentinelOne from $32.00 to $30.00 and set an "outperform" rating for the company in a research note on Thursday, December 5th. Finally, Barclays decreased their price target on shares of SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a research note on Tuesday. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $28.78.

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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.

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