36,624 Shares in SentinelOne, Inc. (NYSE:S) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas purchased a new stake in SentinelOne, Inc. (NYSE:S - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 36,624 shares of the company's stock, valued at approximately $813,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in S. Smartleaf Asset Management LLC grew its holdings in SentinelOne by 86.6% in the fourth 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 acquired a new stake in SentinelOne in the 4th quarter valued at about $28,000. Crewe Advisors LLC acquired a new stake in SentinelOne in the 4th quarter valued at about $33,000. Arlington Trust Co LLC purchased a new position in SentinelOne during the 4th quarter valued at about $33,000. Finally, Modus Advisors LLC acquired a new position in SentinelOne during the fourth quarter worth about $48,000. Institutional investors and hedge funds own 90.87% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on S shares. Guggenheim reissued a "buy" rating and set a $31.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. UBS Group dropped their price target on SentinelOne from $25.00 to $19.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th. Sanford C. Bernstein reduced their price objective on SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a research report on Thursday, December 5th. Morgan Stanley initiated coverage on SentinelOne in a research report on Tuesday, March 18th. They set an "equal weight" rating and a $20.00 price objective for the company. Finally, Needham & Company LLC reduced their target price on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Seven analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, SentinelOne currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.21.

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SentinelOne Trading Up 1.8 %

NYSE:S traded up $0.33 during mid-day trading on Tuesday, hitting $18.51. The company had a trading volume of 1,858,111 shares, compared to its average volume of 4,882,697. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29. The business has a fifty day simple moving average of $21.62 and a 200-day simple moving average of $23.71. The firm has a market capitalization of $5.95 billion, a price-to-earnings ratio of -19.70 and a beta of 0.78.

Insider Buying and Selling

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $19.17, for a total transaction of $1,166,762.88. Following the sale, the chief executive officer now directly owns 920,297 shares in the company, valued at $17,642,093.49. The trade was a 6.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ric Smith sold 10,624 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 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 approximately $9,650,171.94. This trade represents a 2.13 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 455,855 shares of company stock valued at $9,528,052. Corporate insiders own 5.60% of the company's stock.

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.