Xponance Inc. Raises Stock Holdings in SentinelOne, Inc. (NYSE:S)

Xponance Inc. increased its stake in shares of SentinelOne, Inc. (NYSE:S) by 11.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,081 shares of the company’s stock after purchasing 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 and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in S. Smartleaf Asset Management LLC grew its position in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after purchasing an additional 556 shares during the period. Bullseye Asset Management LLC grew its holdings in SentinelOne by 1.5% in the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock valued at $1,605,000 after buying an additional 1,000 shares during the period. MetLife Investment Management LLC increased its stake in shares of SentinelOne by 17.4% during the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock valued at $163,000 after acquiring an additional 1,012 shares during the last quarter. Legato Capital Management LLC lifted its holdings in shares of SentinelOne by 8.1% during the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company’s stock worth $304,000 after acquiring an additional 1,022 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of SentinelOne by 48.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company’s stock worth $73,000 after acquiring an additional 1,067 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on S shares. Susquehanna decreased their price target on shares of SentinelOne from $30.00 to $25.00 and set a “positive” rating on the stock in a report on Thursday, March 13th. Barclays reduced their target price on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 11th. Bank of America dropped their price target on SentinelOne from $29.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Oppenheimer started coverage on SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective on the stock. Finally, Guggenheim reissued a “buy” rating and set a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.33.

Insiders Place Their Bets

In other news, CEO Tomer Weingarten sold 70,642 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $24.22, for a total value of $1,710,949.24. Following the transaction, the chief executive officer now directly owns 939,726 shares in the company, valued at approximately $22,760,163.72. This trade represents a 6.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Ric Smith sold 2,341 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now directly owns 529,118 shares of the company’s stock, valued at approximately $12,672,376.10. This represents a 0.44 % 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 valued at $8,688,262 in the last quarter. Insiders own 5.60% of the company’s stock.

SentinelOne Stock Performance

Shares of S stock opened at $19.86 on Thursday. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of -21.13 and a beta of 0.78. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29. The company’s 50-day simple moving average is $21.83 and its 200-day simple moving average is $23.76.

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.