Sei Investments Co. Acquires 22,508 Shares of SentinelOne, Inc. (NYSE:S)

Sei Investments Co. boosted its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 11.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 227,811 shares of the company's stock after buying an additional 22,508 shares during the period. Sei Investments Co. owned 0.07% of SentinelOne worth $5,057,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of S. Vestor Capital LLC acquired a new position in shares of SentinelOne during the 4th quarter valued at $3,190,000. Teacher Retirement System of Texas bought a new position in SentinelOne during the fourth quarter valued at about $813,000. Brooklyn FI LLC grew its holdings in SentinelOne by 1,688.9% during the fourth quarter. Brooklyn FI LLC now owns 161,000 shares of the company's stock worth $3,574,000 after acquiring an additional 152,000 shares during the period. Xponance Inc. raised its position in SentinelOne by 11.4% in the fourth quarter. Xponance Inc. now owns 16,081 shares of the company's stock worth $357,000 after acquiring an additional 1,640 shares in the last quarter. Finally, Harbour Investments Inc. lifted its holdings in SentinelOne by 10.3% in the 4th quarter. Harbour Investments Inc. now owns 13,166 shares of the company's stock valued at $292,000 after acquiring an additional 1,225 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Ric Smith sold 10,624 shares of the company'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 transaction of $210,036.48. Following the completion of the sale, the insider now owns 488,122 shares of the company's stock, valued at $9,650,171.94. This represents a 2.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Tomer Weingarten sold 20,186 shares of SentinelOne stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $399,077.22. Following the completion of the transaction, the chief executive officer now directly owns 900,111 shares in the company, valued at approximately $17,795,194.47. This represents a 2.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 455,855 shares of company stock worth $9,528,052 over the last ninety days. 5.60% of the stock is currently owned by insiders.

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SentinelOne Stock Performance

Shares of SentinelOne stock traded down $0.96 during trading on Friday, hitting $16.96. 8,904,848 shares of the stock traded hands, compared to its average volume of 5,079,450. The company has a fifty day moving average price of $21.35 and a two-hundred day moving average price of $23.61. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The stock has a market cap of $5.45 billion, a P/E ratio of -18.04 and a beta of 0.78.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Barclays dropped their target price on shares of SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 11th. Needham & Company LLC dropped their price target on SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Wells Fargo & Company reduced their price objective on SentinelOne from $30.00 to $22.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Guggenheim restated a "buy" rating and issued a $31.00 target price on shares of SentinelOne in a report on Thursday, December 5th. Finally, Morgan Stanley began coverage on SentinelOne in a report on Tuesday, March 18th. They set an "equal weight" rating and a $20.00 target price for the company. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $26.21.

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.