Mariner LLC Raises Stock Position in SentinelOne, Inc. (NYSE:S)

Mariner LLC increased its position in shares of SentinelOne, Inc. (NYSE:S) by 85.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,747 shares of the company’s stock after buying an additional 16,463 shares during the period. Mariner LLC’s holdings in SentinelOne were worth $794,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in S. Smartleaf Asset Management LLC increased 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 worth $27,000 after buying an additional 556 shares during the period. Avion Wealth purchased a new stake in SentinelOne during the 4th quarter worth $28,000. Crewe Advisors LLC purchased a new stake in SentinelOne during the 4th quarter worth $33,000. Arlington Trust Co LLC purchased a new stake in SentinelOne during the 4th quarter worth $33,000. Finally, CIBC Private Wealth Group LLC increased its stake in SentinelOne by 866.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,059 shares of the company’s stock worth $46,000 after buying an additional 1,846 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Stock Performance

Shares of S stock opened at $18.46 on Tuesday. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29. The stock has a market cap of $6.09 billion, a PE ratio of -19.64 and a beta of 0.82. The business’s fifty day moving average is $18.80 and its 200-day moving average is $22.69.

Analysts Set New Price Targets

Several research firms recently issued reports on S. Barclays dropped their price target on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 11th. Piper Sandler dropped their target price on shares of SentinelOne from $32.00 to $28.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Roth Capital set a $26.00 target price on shares of SentinelOne and gave the stock a “buy” rating in a research report on Tuesday, April 22nd. Canaccord Genuity Group dropped their target price on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Finally, Oppenheimer began coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 target price for the company. Seven research analysts have rated the stock with a hold rating, twenty have given a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, SentinelOne currently has an average rating of “Moderate Buy” and a consensus price target of $26.13.

Insider Activity

In related 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 $9,355,618.71. The trade was a 2.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ric Smith sold 2,341 shares of SentinelOne stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total value of $56,066.95. Following the completion of the transaction, the insider now owns 529,118 shares in the company, valued at $12,672,376.10. The trade was a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 502,136 shares of company stock worth $9,896,262. 5.60% of the stock is owned by company insiders.

SentinelOne 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.