Creekmur Asset Management LLC Buys New Position in SentinelOne, Inc. (NYSE:S)

Creekmur Asset Management LLC bought a new stake in SentinelOne, Inc. (NYSE:S) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 17,956 shares of the company’s stock, valued at approximately $399,000.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of SentinelOne by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company’s stock worth $663,366,000 after buying an additional 399,056 shares during the last quarter. Sylebra Capital LLC increased its position in SentinelOne by 33.7% during 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 during the last quarter. State Street Corp boosted its holdings in SentinelOne by 11.3% in the third quarter. State Street Corp now owns 5,072,097 shares of the company’s stock valued at $121,325,000 after acquiring an additional 516,244 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of SentinelOne by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 4,555,878 shares of the company’s stock worth $101,175,000 after purchasing an additional 70,282 shares during the period. Finally, Norges Bank purchased a new position in SentinelOne in the fourth quarter valued at about $73,528,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Stock Up 2.3 %

Shares of S stock opened at $18.60 on Wednesday. SentinelOne, Inc. has a 52 week low of $14.33 and a 52 week high of $29.29. The firm has a market capitalization of $5.98 billion, a PE ratio of -19.78 and a beta of 0.78. The company has a 50 day moving average price of $21.54 and a 200-day moving average price of $23.68.

Analyst Ratings Changes

S has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on shares of SentinelOne from $33.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Citigroup dropped their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, January 17th. Stephens initiated coverage on SentinelOne in a research report on Tuesday. They set an “overweight” rating and a $25.00 target price on the stock. UBS Group cut their target price on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Finally, Wells Fargo & Company cut their price objective on SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, March 13th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $26.21.

Insider Buying and Selling

In other news, CFO Barbara A. Larson sold 10,172 shares of SentinelOne stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $201,100.44. Following the completion of the sale, the chief financial officer now directly owns 473,223 shares in the company, valued at approximately $9,355,618.71. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Tomer Weingarten sold 20,186 shares of SentinelOne stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $399,077.22. Following the transaction, the chief executive officer now owns 900,111 shares of the company’s stock, valued at $17,795,194.47. The trade was a 2.19 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 455,855 shares of company stock worth $9,528,052. 5.60% of the stock is owned by corporate 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.