SentinelOne, Inc. (NYSE:S) Stock Holdings Boosted by Xponance Inc.

Xponance Inc. boosted its position in SentinelOne, Inc. (NYSE:S) by 11.4% during the 4th quarter, HoldingsChannel reports. The firm owned 16,081 shares of the company’s stock after buying an additional 1,640 shares during the quarter. Xponance Inc.’s holdings in SentinelOne were worth $357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of S. Sylebra Capital LLC grew its stake in shares of SentinelOne by 33.7% in the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after purchasing an additional 2,282,980 shares in the last quarter. Atreides Management LP grew its position in SentinelOne by 137.3% in the 3rd quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock valued at $90,965,000 after buying an additional 2,200,594 shares in the last quarter. Raymond James Financial Inc. acquired a new position in SentinelOne during the 4th quarter valued at about $26,082,000. Wellington Management Group LLP bought a new stake in shares of SentinelOne during the 3rd quarter worth about $27,000,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of SentinelOne by 55.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock worth $62,129,000 after acquiring an additional 921,572 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Performance

S stock opened at $19.86 on Thursday. The stock has a market cap of $6.38 billion, a P/E ratio of -21.13 and a beta of 0.78. The firm has a 50 day simple moving average of $21.83 and a 200 day simple moving average of $23.76. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Susquehanna lowered their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “positive” rating on the stock in a research note on Thursday, March 13th. Guggenheim reissued a “buy” rating and issued a $31.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. Canaccord Genuity Group decreased their target price on SentinelOne from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Westpark Capital dropped their price target on shares of SentinelOne from $34.00 to $31.00 and set a “buy” rating on the stock in a research report on Tuesday, March 11th. Finally, Bank of America reduced their price objective on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Seven equities research 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $26.33.

Insider Activity

In related news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $19.17, for a total value of $1,166,762.88. Following the completion of the sale, the chief executive officer now owns 920,297 shares of the company’s stock, valued at approximately $17,642,093.49. The trade was a 6.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ric Smith sold 14,583 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $23.29, for a total transaction of $339,638.07. Following the transaction, the insider now directly owns 531,459 shares in the company, valued at approximately $12,377,680.11. The trade was a 2.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 413,377 shares of company stock worth $8,688,262 in the last ninety days. Corporate 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.