Mission Creek Capital Partners Inc. Makes New Investment in SentinelOne, Inc. (NYSE:S)

Mission Creek Capital Partners Inc. acquired a new stake in SentinelOne, Inc. (NYSE:S - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 62,518 shares of the company's stock, valued at approximately $1,388,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC raised its stake in SentinelOne by 121.9% in the 3rd quarter. Barclays PLC now owns 325,215 shares of the company's stock valued at $7,779,000 after purchasing an additional 178,685 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in SentinelOne in the 3rd quarter valued at about $67,000. Franklin Resources Inc. grew its holdings in SentinelOne by 5.5% in the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company's stock valued at $698,000 after buying an additional 1,366 shares during the period. Principal Financial Group Inc. grew its holdings in SentinelOne by 6.4% in the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock valued at $442,000 after buying an additional 1,111 shares during the period. Finally, Modus Advisors LLC purchased a new stake in SentinelOne in the 4th quarter valued at about $48,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Tomer Weingarten sold 81,619 shares of the business's stock in a transaction dated 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. The trade was a 8.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Robin Tomasello sold 1,496 shares of the business'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 $29,575.92. Following the sale, the chief accounting officer now directly owns 233,484 shares of the company's stock, valued at $4,615,978.68. This represents a 0.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 502,136 shares of company stock valued at $9,896,262. 5.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Oppenheimer assumed coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 target price on the stock. Wells Fargo & Company cut their target price on shares of SentinelOne from $30.00 to $22.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Jefferies Financial Group cut their target price on shares of SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Scotiabank cut their target price on shares of SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research note on Thursday, March 13th. Finally, Piper Sandler cut their target price on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Seven investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $26.13.

SentinelOne Price Performance

S stock traded up $0.29 during trading on Tuesday, reaching $18.75. 2,917,050 shares of the company were exchanged, compared to its average volume of 4,995,224. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of -19.95 and a beta of 0.82. The company has a 50-day moving average of $18.72 and a two-hundred day moving average of $22.66.

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.