22,841 Shares in SentinelOne, Inc. (NYSE:S) Acquired by Partners Group Holding AG

Partners Group Holding AG bought a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 22,841 shares of the company's stock, valued at approximately $507,000.

Several other large investors have also recently bought and sold shares of S. Emerald Advisers LLC bought a new stake in SentinelOne in the 4th quarter valued at $306,000. Vanguard Group Inc. lifted its position in shares of SentinelOne by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company's stock valued at $663,366,000 after acquiring an additional 399,056 shares during the period. LPL Financial LLC increased its holdings in SentinelOne by 66.3% in the 4th quarter. LPL Financial LLC now owns 127,666 shares of the company's stock valued at $2,834,000 after buying an additional 50,917 shares during the period. Fox Run Management L.L.C. bought a new position in SentinelOne in the fourth quarter valued at approximately $1,101,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of SentinelOne during the 4th quarter worth $1,311,000. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Performance

NYSE S traded down $0.51 during trading on Thursday, hitting $19.33. 2,353,631 shares of the company's stock traded hands, compared to its average volume of 4,836,623. The stock has a market capitalization of $6.21 billion, a price-to-earnings ratio of -20.57 and a beta of 0.78. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The business has a 50 day moving average of $21.78 and a 200-day moving average of $23.73.

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Insider Buying and Selling

In other news, CAO Robin Tomasello sold 6,378 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $124,689.90. Following the completion of the sale, the chief accounting officer now directly owns 230,685 shares in the company, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Ric Smith sold 14,583 shares of the stock in a transaction on Monday, January 27th. The shares were sold at an average price of $23.29, for a total transaction of $339,638.07. Following the transaction, the insider now directly owns 531,459 shares in the company, valued at approximately $12,377,680.11. This represents a 2.67 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 413,377 shares of company stock worth $8,688,262. Insiders own 5.60% of the company's stock.

Wall Street Analyst Weigh In

S has been the topic of a number of research analyst reports. Oppenheimer initiated coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 target price on the stock. Guggenheim reissued a "buy" rating and set a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Needham & Company LLC dropped their price target on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a research report on Thursday, March 13th. Jefferies Financial Group decreased their target price on SentinelOne from $30.00 to $25.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Finally, Robert W. Baird dropped their target price on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $26.33.

SentinelOne 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.