Osterweis Capital Management Inc. Buys 190,362 Shares of SentinelOne, Inc. (NYSE:S)

Osterweis Capital Management Inc. boosted its position in SentinelOne, Inc. (NYSE:S - Free Report) by 63.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 491,597 shares of the company's stock after acquiring an additional 190,362 shares during the quarter. Osterweis Capital Management Inc. owned 0.15% of SentinelOne worth $10,913,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of S. Marshall Wace LLP raised its stake in SentinelOne by 715.4% during the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock worth $106,447,000 after acquiring an additional 4,206,900 shares in the last quarter. Norges Bank purchased a new stake in shares of SentinelOne in the 4th quarter valued at about $73,528,000. Federated Hermes Inc. boosted its position in shares of SentinelOne by 368.5% in the 4th quarter. Federated Hermes Inc. now owns 2,603,036 shares of the company's stock valued at $57,787,000 after purchasing an additional 2,047,430 shares during the period. Raymond James Financial Inc. purchased a new position in SentinelOne during the 4th quarter worth approximately $26,082,000. Finally, Invesco Ltd. boosted its holdings in shares of SentinelOne by 18.4% in the fourth quarter. Invesco Ltd. now owns 5,788,022 shares of the company's stock valued at $128,494,000 after acquiring an additional 900,577 shares during the period. 90.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 10,178 shares of the company's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $243,763.10. Following the completion of the sale, the chief executive officer now owns 949,504 shares in the company, valued at approximately $22,740,620.80. The trade was a 1.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Robin Tomasello sold 6,378 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $124,689.90. Following the transaction, the chief accounting officer now owns 230,685 shares in the company, valued at approximately $4,509,891.75. This trade represents a 2.69 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 394,991 shares of company stock valued at $8,157,395. 5.60% of the stock is currently owned by company insiders.

SentinelOne Trading Up 2.5 %

S stock traded up $0.41 during midday trading on Tuesday, hitting $16.58. The stock had a trading volume of 1,358,440 shares, compared to its average volume of 4,954,868. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The stock has a 50-day simple moving average of $19.47 and a 200 day simple moving average of $22.94. The firm has a market capitalization of $5.47 billion, a price-to-earnings ratio of -17.65 and a beta of 0.82.

Wall Street Analysts Forecast Growth

A number of research firms have commented on S. Scotiabank dropped their price objective 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. Needham & Company LLC decreased their price target on SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a 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. Citigroup reduced their price objective on shares of SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a research note on Friday, January 17th. Finally, Bank of America lowered their target price on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating on the stock in a research report on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $26.14.

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.