Champlain Investment Partners LLC Grows Stake in SentinelOne, Inc. (NYSE:S)

Champlain Investment Partners LLC raised its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 34.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,534,294 shares of the company's stock after acquiring an additional 1,164,541 shares during the period. Champlain Investment Partners LLC owned approximately 1.41% of SentinelOne worth $100,661,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Smartleaf Asset Management LLC boosted its stake in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after purchasing an additional 556 shares during the last quarter. Avion Wealth bought a new position in shares of SentinelOne during the fourth quarter valued at $28,000. Crewe Advisors LLC purchased a new stake in shares of SentinelOne during the fourth quarter valued at $33,000. Arlington Trust Co LLC bought a new stake in SentinelOne in the 4th quarter worth about $33,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in SentinelOne in the 4th quarter worth about $40,000. 90.87% of the stock is currently owned by institutional investors.

SentinelOne Price Performance

Shares of S traded up $0.37 during midday trading on Tuesday, hitting $16.54. The stock had a trading volume of 1,570,971 shares, compared to its average volume of 4,955,835. The stock's 50 day moving average is $19.47 and its 200 day moving average is $22.94. The firm has a market cap of $5.45 billion, a PE ratio of -17.61 and a beta of 0.82. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

Insider Activity at SentinelOne

In other news, CFO Barbara A. Larson sold 10,172 shares of SentinelOne stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $201,100.44. Following the transaction, the chief financial officer now directly owns 473,223 shares in the company, valued at approximately $9,355,618.71. This trade represents a 2.10 % 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 SentinelOne stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $23.29, for a total value of $339,638.07. Following the completion of the transaction, the insider now owns 531,459 shares in the company, valued at $12,377,680.11. This trade represents a 2.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 394,991 shares of company stock worth $8,157,395 in the last quarter. 5.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on S. Citigroup cut their price objective on SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a report on Friday, January 17th. Piper Sandler dropped their price objective on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. JPMorgan Chase & Co. decreased their price target on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. Oppenheimer began coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 price objective for the company. Finally, Jefferies Financial Group lowered their target price on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Seven investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, SentinelOne presently has a consensus rating of "Moderate Buy" and a consensus 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.