SentinelOne, Inc. (NYSE:S) Shares Purchased by Wellington Management Group LLP

Wellington Management Group LLP raised its stake in SentinelOne, Inc. (NYSE:S) by 27.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,443,286 shares of the company’s stock after acquiring an additional 314,506 shares during the quarter. Wellington Management Group LLP owned approximately 0.45% of SentinelOne worth $32,041,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in SentinelOne by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company’s stock worth $663,366,000 after acquiring an additional 399,056 shares during the last quarter. Sylebra Capital LLC lifted its stake in shares of SentinelOne by 33.7% during the 3rd 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 during the period. State Street Corp boosted its holdings in shares of SentinelOne by 11.3% during the third quarter. State Street Corp now owns 5,072,097 shares of the company’s stock worth $121,325,000 after purchasing an additional 516,244 shares during the last quarter. Geode Capital Management LLC grew its position in shares of SentinelOne by 8.6% in the third quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company’s stock valued at $107,326,000 after purchasing an additional 355,944 shares during the period. Finally, Norges Bank acquired a new position in SentinelOne in the fourth quarter valued at $73,528,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on S. Susquehanna dropped their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “positive” rating for the company in a research note on Thursday, March 13th. Barclays dropped their price target on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 11th. Wells Fargo & Company lowered their price objective on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. JPMorgan Chase & Co. cut their target price on SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. Finally, Stephens started coverage on SentinelOne in a research report on Tuesday, April 1st. They set an “overweight” rating and a $25.00 price target for the company. Seven research analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $26.21.

SentinelOne Stock Down 5.3 %

Shares of NYSE S opened at $16.96 on Monday. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The business has a 50 day moving average price of $21.23 and a two-hundred day moving average price of $23.55. The firm has a market cap of $5.59 billion, a PE ratio of -18.04 and a beta of 0.82.

Insider Transactions at SentinelOne

In other news, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the transaction, the chief executive officer now owns 959,682 shares of the company’s stock, valued at approximately $21,612,038.64. This trade represents a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ric Smith sold 31,659 shares of the business’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $19.10, for a total value of $604,686.90. Following the completion of the sale, the insider now directly owns 477,271 shares of the company’s stock, valued at approximately $9,115,876.10. This represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 455,855 shares of company stock valued at $9,528,052. 5.60% of the stock is currently owned by corporate insiders.

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.