Corient Private Wealth LLC Acquires 111,281 Shares of SentinelOne, Inc. (NYSE:S)

Corient Private Wealth LLC raised its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 55.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 310,211 shares of the company's stock after acquiring an additional 111,281 shares during the quarter. Corient Private Wealth LLC owned approximately 0.10% of SentinelOne worth $6,887,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its position 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 last quarter. Avior Wealth Management LLC grew its holdings in shares of SentinelOne by 4.0% during the third quarter. Avior Wealth Management LLC now owns 23,114 shares of the company's stock worth $553,000 after purchasing an additional 898 shares during the last quarter. Bullseye Asset Management LLC increased its stake in shares of SentinelOne by 1.5% in the third quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company's stock valued at $1,605,000 after buying an additional 1,000 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of SentinelOne by 17.4% in the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company's stock valued at $163,000 after buying an additional 1,012 shares during the last quarter. Finally, Legato Capital Management LLC lifted its position in SentinelOne by 8.1% during the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock worth $304,000 after buying an additional 1,022 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

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Insider Activity

In other news, CEO Tomer Weingarten sold 81,619 shares of the company'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 transaction of $1,598,916.21. Following the sale, the chief executive officer now owns 879,494 shares in the company, valued at $17,229,287.46. This represents a 8.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Robin Tomasello sold 6,378 shares of the 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 of the company's stock, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 367,096 shares of company stock worth $7,853,262 over the last ninety days. Insiders own 5.60% of the company's stock.

Analyst Ratings Changes

S has been the subject of a number of research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. Guggenheim reaffirmed a "buy" rating and set a $31.00 price objective on shares of SentinelOne in a report on Thursday, December 5th. Westpark Capital lowered their target price on SentinelOne from $34.00 to $31.00 and set a "buy" rating for the company in a research note on Tuesday, March 11th. Needham & Company LLC cut their price target on SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Finally, Susquehanna decreased their price target on SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a report on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, SentinelOne presently has a consensus rating of "Moderate Buy" and an average target price of $26.33.

SentinelOne Stock Performance

SentinelOne stock traded up $0.06 during midday trading on Tuesday, reaching $20.17. The stock had a trading volume of 3,365,261 shares, compared to its average volume of 4,849,915. The stock has a market capitalization of $6.48 billion, a P/E ratio of -21.46 and a beta of 0.78. The firm's fifty day simple moving average is $21.90 and its 200-day simple moving average is $23.80. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29.

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.