Vestor Capital LLC Invests $3.19 Million in SentinelOne, Inc. (NYSE:S)

Vestor Capital LLC acquired a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 143,682 shares of the company's stock, valued at approximately $3,190,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. grew its stake in SentinelOne by 6.4% in the third quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock worth $442,000 after purchasing an additional 1,111 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of SentinelOne in the 3rd quarter worth approximately $2,094,000. Avior Wealth Management LLC increased its holdings in shares of SentinelOne by 4.0% in the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company's stock valued at $553,000 after acquiring an additional 898 shares during the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of SentinelOne in the 3rd quarter valued at approximately $8,800,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in shares of SentinelOne by 38.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 173,565 shares of the company's stock valued at $4,152,000 after acquiring an additional 48,289 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Trading Down 1.6 %

S stock traded down $0.32 during midday trading on Wednesday, reaching $19.86. The company had a trading volume of 3,961,294 shares, compared to its average volume of 4,843,934. The company has a 50 day moving average of $21.83 and a two-hundred day moving average of $23.76. The company has a market capitalization of $6.38 billion, a P/E ratio of -21.13 and a beta of 0.78. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

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Analysts Set New Price Targets

A number of brokerages have weighed in on S. Bank of America dropped their target price on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Oppenheimer began coverage on SentinelOne in a research report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 price target on the stock. Sanford C. Bernstein reduced their price objective on SentinelOne from $32.00 to $30.00 and set an "outperform" rating for the company in a research report on Thursday, December 5th. Canaccord Genuity Group cut their target price on SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Finally, Guggenheim reaffirmed a "buy" rating and issued a $31.00 price objective on shares of SentinelOne in a report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $26.33.

Insider Activity at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 81,619 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer now directly owns 879,494 shares in the company, valued at $17,229,287.46. This trade represents a 8.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ric Smith sold 31,659 shares of the company's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total value of $604,686.90. Following the sale, the insider now owns 477,271 shares of the company's stock, valued at approximately $9,115,876.10. This trade represents a 6.22 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 427,960 shares of company stock valued at $9,020,025. Insiders own 5.60% of the company's stock.

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.