SentinelOne, Inc. (NYSE:S) Shares Purchased by Marshall Wace LLP

Marshall Wace LLP grew its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 715.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,794,908 shares of the company's stock after acquiring an additional 4,206,900 shares during the quarter. Marshall Wace LLP owned 1.49% of SentinelOne worth $106,447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of S. Smartleaf Asset Management LLC grew its holdings 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 during the period. Avion Wealth acquired a new position in SentinelOne in the 4th quarter worth $28,000. Crewe Advisors LLC bought a new position in shares of SentinelOne during the 4th quarter worth approximately $33,000. Arlington Trust Co LLC bought a new stake in SentinelOne during the 4th quarter worth about $33,000. Finally, CIBC Private Wealth Group LLC increased its position in shares of SentinelOne by 866.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,059 shares of the company's stock worth $46,000 after purchasing an additional 1,846 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

S has been the subject of several research analyst reports. 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 report on Thursday, March 13th. JPMorgan Chase & Co. lowered their price objective on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a research report on Monday, March 10th. Susquehanna reduced their price target on shares of SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a research note on Thursday, March 13th. Barclays cut their price target on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 11th. Finally, Jefferies Financial Group reduced their price target on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Seven 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. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $26.14.

SentinelOne Stock Performance

S stock traded up $0.22 during mid-day trading on Tuesday, reaching $16.39. The company had a trading volume of 1,124,219 shares, compared to its average volume of 4,953,879. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The firm has a fifty day simple moving average of $19.47 and a 200 day simple moving average of $22.94. The company has a market capitalization of $5.40 billion, a price-to-earnings ratio of -17.41 and a beta of 0.82.

Insiders Place Their Bets

In other news, CEO Tomer Weingarten sold 81,619 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $19.59, for a total value of $1,598,916.21. Following the completion of the sale, the chief executive officer now directly owns 879,494 shares of the company's stock, valued at $17,229,287.46. This trade represents a 8.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ric Smith sold 2,341 shares of the business's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now directly owns 529,118 shares in the company, valued at approximately $12,672,376.10. This represents a 0.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 394,991 shares of company stock valued at $8,157,395. 5.60% of the stock is owned by corporate insiders.

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.