Fox Run Management L.L.C. Takes Position in SentinelOne, Inc. (NYSE:S)

Fox Run Management L.L.C. acquired a new position in shares of SentinelOne, Inc. (NYSE:S) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 49,579 shares of the company’s stock, valued at approximately $1,101,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of S. Smartleaf Asset Management LLC raised its stake in shares of SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 556 shares during the last quarter. Avion Wealth acquired a new stake in SentinelOne in the fourth quarter valued at $28,000. Crewe Advisors LLC bought a new position in SentinelOne during the 4th quarter worth $33,000. Arlington Trust Co LLC bought a new position in SentinelOne during the 4th quarter worth $33,000. Finally, Modus Advisors LLC acquired a new position in SentinelOne during the 4th quarter worth about $48,000. Institutional investors own 90.87% of the company’s stock.

SentinelOne Trading Down 0.5 %

NYSE S opened at $19.27 on Friday. The business has a fifty day simple moving average of $21.94 and a 200 day simple moving average of $23.82. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The firm has a market capitalization of $6.19 billion, a P/E ratio of -20.50 and a beta of 0.78.

Insider Activity

In related 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 completion of the transaction, the chief executive officer now owns 959,682 shares in the company, valued at approximately $21,612,038.64. This represents a 5.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $22.75, for a total transaction of $331,763.25. Following the completion of the sale, the insider now directly owns 531,459 shares in the company, valued at $12,090,692.25. This trade represents a 2.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 367,096 shares of company stock worth $7,853,262 over the last quarter. Insiders own 5.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein decreased their price target on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Robert W. Baird cut their target price on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 11th. Needham & Company LLC lowered their target price on SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, March 13th. Scotiabank dropped their price target on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 13th. Finally, Jefferies Financial Group reduced their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $26.33.

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.